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How to proforma prior-year returns into current-year returns in ProConnect Tax

SOLVEDby Intuit161Updated June 16, 2023

Table of contents:

This article will help you:

Transfer one return into next years tax return.
Batch transfer multiple returns into the next years returns.
Understand and resolve any proforma errors.

Transfer one return into next years tax return.

Method 1: From the Tax Returns View

  1. Go to the Tax Returns view.
  2. Locate the client you're creating the return for.
  3. Under the Actions column on the far right, use the dropdown menu to Create a New Tax Return for the existing client.
    • A new screen will appear with the prior-year return checked automatically for transfer of the prior-year information
  4. If you don't want the prior year information to transfer into the new return, uncheck the box Transfer return data from tax year 20YY.
    • YY represents the two-digit tax year.
  5. Click Save and Continue.
    • The new return for the current year will open up.

If there are multiple returns shown, you must select the return to transfer the information from.  The program defaults to the first return on the list.

Method 2: From the Clients View

  1. Go to the Clients view.
  2. Under the Actions column on the far right, use the dropdown menu to Create a New Tax Return for the existing client.
    • A new screen will appear with the prior-year return checked automatically for transfer of the prior-year information
  3. If you don't want the prior year information to transfer into the new return, uncheck the box Transfer return data from tax year 20YY.
    • YY represents the two-digit tax year.
  4. Click Save and Continue
  5. The new return for the current year will open up.

If there are multiple returns shown, you must select the return to transfer the information from.  The program defaults to the first return on the list.

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Batch transfer multiple returns into the next years returns.

  1. From within the tax program, click Settings in the lower-left corner.
  2. Choose Batch Actions (Transfer Prior Year Data).
    • This will show the prior year returns.
  3. To choose all the clients, check the box next to CLIENT NAME.
  4. To choose all clients who don’t have a current-year return yet, check the box next to those client names.
  5. Click on Start Transferring from the bottom right corner of the screen.
    • This will start the automated transfer. Once complete, the list will show a status of Complete for each return.
    • If a tax return is listed here, but can't be selected, you need to remove the access restriction to proforma. Refer to this article for more information.

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Understand and resolve any proforma errors.

  • Any returns set to Restrict Access can't be rolled over until the restriction is lifted. Refer to this article for instructions.
  • For individual returns, make sure that a Date of Death is entered on the General Client Information screen. Returns with a Date of Death won't proforma.
  • For business returns, go to the General > Misc. Info. screen. Make sure the return isn't marked Final and the box labeled Converted client (proforma use only) isn't checked.

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If the return had an ending balance in the prior year, Lacerte will automatically proforma those amounts to the current year Balance Sheet screen. However, the amounts may not show on the Schedule L until ending year amounts have been entered and requirements for completing the balance sheets are met.

Follow these steps to make sure the amounts are present on the Balance Sheet screen:

  1. Go to the Balance Sheet screen for your tax type:
  2. Make sure that amounts are available under the Beginning column.
    • If amounts are available in the Beginning column and appear in a black font (default proforma font), the amounts have proforma'd.
    • To verify you can hover your mouse over the amounts to generate the Data source tooltip.
  3. Make sure the current year's income and ending amounts have been entered.

Forcing the balance sheet when not required

If the corporation or entity isn't required to complete the balance sheet, it'll default to being blank. You can force the software to generate the balance sheet when not required—either on a global level or just for a specific client. 

Select your tax type below for instructions on forcing the balance sheet on a return-by-return basis.

  1. Go to Input Return  Balance Sheet  Balance Sheet Miscellaneous.
  2. Scroll down to the Other subsection.
  3. Enter a 1 in Balance sheet, M-1, M-2: 1= force, 2= when applicable [Override].
  1. Go to Input Return  Balance Sheet, M-1, M-2, M-3  Balance Sheet Miscellaneous.
  2. Scroll down to the Other section.
  3. Enter a '1' in the field Balance sheet, M-1, M-2: 1=force, 2=when applicable [Override].
  1. Go to Input Return   Balance Sheet, M-1, M-2  Balance Sheet Miscellaneous.
  2. Scroll to the Other subsection.
  3. Enter 1 in the field Schedules L, M-1, and M-2: 1=force, 2=when applicable [Override].

If a K-1 is marked as final, the partner won't proforma, or transfer, to next year's return. Follow these steps to proforma the return again,:

  1. Open the prior tax year.
  2. In the client's Schedule K-1 Miscellaneous section
  3. Go to section Partner Schedule K-1 Miscellaneous Information.
  4. Check for an entry in field Final K-1: 1=yes, 2=no [O] (code 1).  Remove the 1.
  5. Proforma the client.

Note that this will re-proforma the entire return, not just the missing partner. If you already started data entry in the next year's return, we recommend entering the partner's information manually.

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