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PTE TAX

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PTE TAX

vioricam

At this time, Lacerte suggests for us, in order to include the PTE federal deduction in the RE income, to compute manually the RE income allocated to each investors and override through Special Allocations.

This implies a lot of manual work and I suggest enhance by making that deduction (PTE tax) allocable specifically to some partners AND included in the RE income. At this time specifically allocated deductions are not included in RE income - that is the issue.

Thank you.

Thanks for the idea to include allocated deductions in RE income. We are changing the status to "Open for voting".

Continue to vote and comment on enhancements by going to the Idea Exchange Home page and select "Status": Open for voting, "Sort by": Most Popular. >> Lacerte Idea Exchange

If you have any questions on the life cycle of an idea, check out our Idea Exchange Getting Started Guide for more information.

Status: Open for voting
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IntuitGabi
Community Manager
Community Manager
Status changed to: Open for voting

Thanks for the idea to include allocated deductions in RE income. We are changing the status to "Open for voting".

Continue to vote and comment on enhancements by going to the Idea Exchange Home page and select "Status": Open for voting, "Sort by": Most Popular. >> Lacerte Idea Exchange

If you have any questions on the life cycle of an idea, check out our Idea Exchange Getting Started Guide for more information.

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