I resolved this with a call to Lacerte.
I need the steps to follow once I amend the 2018 return to take advantage of Bonus Depreciation for QIP that is now available. The original 2018 had Sch 179 depreciation that was carried forward from 2017 that will now be carried forward to 2019 after the Bonus Depreciation is applied in the amended return.
I will copy the original 2018 return and amend the copy.
Do I then proforma the amended 2018 to 2019 and prepare the 2019 from that copy? Should I change the client ID back to the original ID?
Am I missing anything?
TIA
This discussion has been locked. No new contributions can be made. You may start a new discussion here
If you have not done any input in the 2019, then definitely do a new proforma from the amended 2018 to 2019.
You asked about Client ID, I think that is client number. I would proforma whatever number you are using, then change it back to the original in the 2019 program. Keep both client numbers in 2018 and use "lock" on both.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.