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

[gayle]

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.

[George4Tacks · Accepted solution]

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. 

[George4Tacks]

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.

[gayle]

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.

[Just-Lisa-Now-]

ProSeries has a 2 year comparison for Sch C.....just saying  🙂

[George4Tacks]

That is only one of the reasons Lacerte costs more. :smile:

[Just-Lisa-Now-]

:smile:

[itonewbie]

@Just £isa Now! Now that you mention it, Intuit may take that away from PS to justify the higher price tag of Lacerte.