If a business was sold in an installment sale, but the business name and EIN stayed the same, how do you report that installment sale on the 6252? I understand ... read more
The organizers are printing to PDF with the Client No, and searching through all these PDF's is not efficient at all.....I email my clients their PDF and search... read more
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
