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Common questions about corporate income in Lacerte
by Intuit• Updated 8 months ago
For tax year 2023 returns: The IRS has implemented a new transition rule that delays reporting threshold changes. Your client may still receive 1099-Ks for transactions under the new, lower thresholds but they may not need to be separately stated in the tax return. Click here for more info.
Below, you'll find answers to frequently asked questions about corporate income in Lacerte:
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