OR 2025 Kicker Credit Percentage in Lacerte is wrong

[Big T-77]

How do I change the Kicker percentage in Lacerte? Or is that a Lacerte issue? The percentage currently is showing up around 44% and it is supposed to be 9.863%. 

[BobKamman]

From the "What Will They Dream Up Next" department of the Stupid Tax Laws Office:

The 1979 Oregon Legislative Assembly passed the "Two percent kicker" law as a way to control state spending. The law requires the state to compare the revenue forecast for each two-year biennium to the amount actually received and return any surplus to taxpayers.

Voters approved a ballot measure adding the kicker to the Oregon Constitution in 2000 and provided taxpayers with the option to donate their kicker to the State School Fund to help fund K-12 schools in Oregon. After the biennium ends, if actual revenue collected exceeds the forecast amount by more than 2 percent, the revenue surplus is refunded to taxpayers as a tax credit claimed on their personal income tax returns in the even-numbered year of the next biennium.

https://apps.oregon.gov/oregon-newsroom/OR/DOR/Posts/Post/Fact-Sheet-Oregons-Surplus-Revenue-Kicker-... 

[Big T-77]

Bob,

I know what it is lol. I am just asking why is the percentage calculating incorrectly in Lacerte and can I change it. 

[BobKamman]

This is a public forum, other regulars might be curious about it.  Especially those who are paying big bucks for a Lacerte program that says Oregon collected 44% more tax than it predicted in the last couple years.  

[BobKamman]

But where did Lacerte get that 44% figure?  Well, that's what it was on 2023 returns, based on 2021-22 surplus.  

[Kathi_at_Intuit]

Hi @Big T-77 Great to have you in the Community and thanks for posting. We checked on this and where told that the percent is always less than 10% in Lacerte. We recommend reaching out to Lacerte Support if you have not already. They would be able to remote in and take a look with you.