Intuit HelpIntuit
How to resolve Lacerte diagnostic ref. 42263 - Property Tax Deduction or Property Tax Credit is claimed
by Intuit• Updated 1 year ago
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.
Sign in now for personalized help
Ask questions, get answers, and join our large community of Intuit Accountants users.
More like this
- "Property Tax Deduction or Property Tax Credit is claimed" Ref. 42263 Individual NJ diagnostic in ProConnect Taxby Intuit• Updated over 1 year ago
- Why is NJ Property Tax Credit generating instead of Property Tax Deduction in Lacerte?by Intuit•2• Updated over 1 year ago
- Why is NJ Property Tax Credit generating instead of Property Tax Deduction in ProConnect Tax?by Intuit• Updated over 1 year ago
- Entering the California renter's credit in Lacerteby Intuit•223• Updated over 2 years ago