Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- What "Resident State" do I enter for a foreign beneficiary in the beneficiary input screen 6?
What "Resident State" do I enter for a foreign beneficiary in the beneficiary input screen 6?
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
KarenA
Level 2
09-01-2024
04:57 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
When you have a foreign beneficiary, if you do not enter a state in the beneficiary input screen 6, you get a critical e-filing diagnostic. This question was asked in 2021 and the answer was to enter "US". However, entering "US" does not work in the 2023 Lacerte fiduciary module.
1 Comment 1
BobKamman
Level 15
09-01-2024
05:12 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
There's a box on the K-1 for checking "foreign beneficiary." Have you figured out how to get that box checked? (I'm not a Lacerter.) If it's checked and the program still wants a state, then I wouldn't lose any sleep over it because all the K-1 requires is an address. Use a state with no income tax, like South Dakota.
