Is there a way to display text near the standard deduction line on the 1040 to indicate that the amount is reduced for PR excluded income as stated in Publication 570 (page 23) and Publication 1321 (page 3)
They want text stating: "STANDARD DEDUCTION MODIFIED DUE TO EXEMPT INCOME UNDER SECTION 933"
I don't see anywhere to allow this form of text on Lacerte?
Best Answer Click here
If you're paper filing, print to pdf and type it in.
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