Generating and printing statements in Lacerte

When preparing a return in Lacerte, sometimes you may want to include a statement to more thoroughly explain what's contributing to an amount being reported for a specific line item. In some cases these statements are available by default, whereas others may need to be enabled manually.

How to generate and print statements

1. From within the tax return, select Settings from along the toolbar, and from there choose Options.
2. In the User Options window, if not selected already, select Tax Return from the tabs on top.
3. From the Section list on the left, select Federal Tax Options.
4. From the Federal Tax Options list presented, look for the type of statement you want to include.
   • Those that are not enabled by default are often labeled as a "Optional Statement," prefaced by the activity or line they refer to. For example, "Sch C Optional Statement."
   • There may be some statement options for any states you're reporting for, but the availability of these vary, depending on the type of tax return you're completing.
5. Once you've found the statement you'd like to generate, from its dropdown menu select Yes. Conversely, an answer of No will suppress the statement.
6. Once you've made the appropriate selections for the statements, select OK to save your settings and be taken back to the tax return.
   • If you find the need to change things back to their original settings, you can select Defaults. A confirmation window will pop up, asking you if you're sure you want to revert back to defaults. After answering Yes, the defaults for the Tax Return tab will be restored.
   • If you're ready to print, you can also select Print here.