tax calculation

[Debra_BTS]

Lacerte is not calculating a tax liability in 2021, is it me?

[abctax55]

Ummm - I think you might need to provide just a FEW more details for anyone to determine if it's you.

MY Lacerte is computing liabilities just fine.

My first off-the-cuff guess would be capital gains?

[sjrcpa]

and/or qualified dividends.

[Debra_BTS]

Just a W-2, however, when I reselected the taxpayer as "single" then all the calculations appeared. Previous years this selection carried over in the proforma process. This is my first year hosting Lacerte on the cloud. I guess I get to be in the club for asking a dumb question.

[joshuabarksatlcs]

@abctax55  you're stirring okay.  My Number 16 pet peeve is when folks put an apostrophe after wanna.  I just wanna tell you about it....  

@Debra_BTS    abctax55's Number 2 off-the-cuff guess is qualified dividends, but chances are that, perhaps, maybe, I'm likely being somewhat redundant.   

[sjrcpa]

There's that glitch, too.

Most of us are members of that club.

[abctax55]

OK, fine... don't wanna stir YOUR pot @joshuabarksatlcs.   I'll fix it in my spare time (numbers are my game, English/gramma is best left up to my hubby 🤣)

[IRonMaN]

I didn't realize there would be so much demand for the club.  I might have to think about raising dues.  The original dues were one week of your Intuit pay but we might have to raise it to two weeks of pay.

[joshuabarksatlcs]

I heard there've been paramount-ish stirring events for the 2022 Winter Olympics...  @IRonMaN  you may want to look into it.  

[IRonMaN]

The pots tend to freeze up in the winter that's why it is a summer Olympic event.