When preparing a 1040 Individual return with New Jersey as a state, you may get the following diagnostic:
- When the New Jersey Property Tax Deduction or Property Tax Credit is claimed, the block and lot number are required. This information can be found on the taxpayer's property tax bill or local tax assessor. (ref. #42263)
Lacerte uses the filing status, age and gross income level of the taxpayer to determine whether to complete Worksheet F - Property Tax Deduction/Credit. If the taxpayer qualifies and has Property Taxes entered on Screen 25, Itemized Deduction Lacerte will generate Worksheet F.