I have several clients who would like to file form 4547 (Trump Accounts) with their tax return. Unfortunately Lacerte does not have the form available. All other intuit tax software has the form available. Even Drake software has the form available. This delay may cause me to lose clients. Is anyone else having the same issue? Does anyone have an update on when Lacerte will make the form available? I have been unable to get a date or feedback from Lacerte regarding this issue.
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Hi! Thanks for posting in the Community about Form Form 4547. We wanted to share an update we’ve received from Lacerte. Form 4547 is currently in development and is targeted for release in mid-February.
While this may not fully address the timing concerns for some clients, this is the most up-to-date information available at this time, as a specific release date has not yet been provided. We understand how frustrating this can be and appreciate everyone’s patience as we work to make the form available in the program. Hopefully this helps others who are experiencing the same issue.
I keep asking people how much they're charging to help clients get this free money, and so far no one has answered. I suspect, without knowing (I should get a job in this Administration, right?) that your clients had never heard of Form 4547 until you told them about it. It's the financial institutions that are going to profit from this, and they're offering free help to set up the accounts this summer. Your clients are going to have to deal with them, anyway. Unless you're a "financial planner" (i.e., commissioned salesperson) after April 15.
Hi! Thanks for posting in the Community about Form Form 4547. We wanted to share an update we’ve received from Lacerte. Form 4547 is currently in development and is targeted for release in mid-February.
While this may not fully address the timing concerns for some clients, this is the most up-to-date information available at this time, as a specific release date has not yet been provided. We understand how frustrating this can be and appreciate everyone’s patience as we work to make the form available in the program. Hopefully this helps others who are experiencing the same issue.
Will Lacerte be compensating license holders for the long delay? Considering pro series (intuit) has had it available for over 1 week and Drake Software has had it available since 1/13?
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