I'm looking for a report in Lacerte that shows an assets complete depreciation life based on the information I've entered. Does anyone know if this is avaiable?
Hi, I have no idea how to create a MFJ tax form. I am able to create a client and create the 1099 individual form but have no idea how to switch it to a MFJ. Ca... read more
Hi, we seem to be having some issues with Profile - the S1 the math in this cell doesn’t make sense:There are now 3 T2’s with the same issue. I overrode the cal... read more
I have a new client who’s previous accounting firm had allowed them a Shared Policy Allocation of 0% to Parents and 100% to the Nondependent Child:2022 details:... read more
ERC and amended returns were done.Tax year 2020Fed $0VA $0Tax year 2021Fed -$92,501State -$15,775Tax year 2022Fed -$10,618State -$1,744Tax year 2023Fed -$13,771... read more
While ProConnect allows you to create a custom Client Letter and make this the default, it is not what prints with the "Client copy of tax return (watermarked)"... read more
I have a client who has a spouse who just obtained her ITIN. I have seen the letter from the IRS. However, once entered, Lacerte is giving an error of invalid S... read more
How do you generate a Form 8936 for an 1120 return?I found this article, but the 2nd step doesn't make sense. There is noCreditssection of screen 28.1.https://a... read more
The following diagnostic is generating: Schedule M-3 (1120-F), Part II, line 10, column (e), does not equal Form 1120-F, Schedule P, sum of lines 2 and 3 minus ... read more
Can a loss on the sale of a personal house (home of decedent and in the trust) be passed on to the beneficiaries on the K-1s? The FMV of house, selling price, a... read more
I'm new to ProConnect. Is it possible to submit an estimated tax payment for a client and pay it electronically like we pay with a tax return submission?
Taxpayer is partner in a partnership that makes PTET election and pays state income tax on behalf of partner. The state treats the PTET payment as a tax credit ... read more
I am filing returns for 2022 and 2023 for a deceased tax payor. The deceased had a will and there is a court appointed representative. I have attached a pdf of ... read more
