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Is it possible to have a 2-Year comparison prepared for individual Sch C or Sch E activities?

david8
Level 1
 
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George4Tacks
Level 15

Print the prior year Schedule C or Schedule E and lay it next to the current year Schedule C or Schedule E. 

You can also use Help > Lacerte Feedback - to offer this "pretty simple" thing for them to add to their software. 


Answers are easy. Questions are hard!

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gayle
Level 1
The tax software has a Tax Summary page which compares the current year to the prior year totals (Income Sources, Adjustments, etc).  I figured it is pretty simple for Lacerte to have the same thing for the individual activities.  This would be very helpful when talking with clients on how the current year actually compares to the prior year in more detail than just Net Income.
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George4Tacks
Level 15

Print the prior year Schedule C or Schedule E and lay it next to the current year Schedule C or Schedule E. 

You can also use Help > Lacerte Feedback - to offer this "pretty simple" thing for them to add to their software. 


Answers are easy. Questions are hard!
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George4Tacks
Level 15

No. 

That is sort of what the organizer offers. When you print the 2018 organizer from the 2017 software, it will show the "Prior year" amounts with a blank to write the current year amount. You will need to wait until December to do this for 2019 from the 2018 software.


Answers are easy. Questions are hard!
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gayle
Level 1
Thanks.  The tax software has a Tax Summary page which compares the current year to the prior year totals (Income Sources, Adjustments, etc).  I figured it is pretty simple for Lacerte to have the same thing for the individual activities.  This would be very helpful when talking with clients on how the current year actually compares to the prior year in more detail than just Net Income.
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Just-Lisa-Now-
Level 15
Level 15
ProSeries has a 2 year comparison for Sch C.....just saying  🙂

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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George4Tacks
Level 15
That is only one of the reasons Lacerte costs more. :smile::smile:

Answers are easy. Questions are hard!
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Just-Lisa-Now-
Level 15
Level 15
:smile::smile:

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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itonewbie
Level 15
@Just £isa Now! Now that you mention it, Intuit may take that away from PS to justify the higher price tag of Lacerte. :joy:
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Still an AllStar
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