ProConnect HelpIntuit HelpIntuit

Limitations of Lacerte Tax Planner

SOLVEDby Intuit5Updated November 17, 2023

Below you'll find a complete list of limitations in Lacerte Tax Planner.

Tax Planner doesn't support:

  • Like-kind exchanges.
  • Schedule E (Vacation Homes).
  • Form 2106.
    • Amounts calculated by the program are exported to the correct form.
  • Form 2555.
  • Form 1116, Foreign Tax Credit.
    • You can export Form 1116 from the program.
  • Form 1040-NR - Nonresident Alien.
  • Depreciation.
    • You can import expenses except section 179 in K-1 Passthrough Screens.
  • Form 8582-CR credits.
  • Form 3800.
    • Business Credits flow through as Other Credits.
  • Oil and Gas.
    • You can import oil and gas expenses not tied to a Schedule K-1.
  • Multi-state, part-year, or nonresident calculations.

Tax Planner also doesn't:

  • Print estimate vouchers.
  • Import most overrides or adjustments from other tax programs.
    • Schedule D overrides are imported.
  • Handle state and local tax refund worksheets.
  • Handle long-term care premiums.
    • The program only exports calculated amounts to the Schedule A input.
  • Export estimate payment dates related to additional estimated payments in the fourth quarter estimate.
  • Handle net operating loss (NOL) calculations. All NOLs export into a single code.
  • Auto-save detail.

Was this helpful?

You must sign in to vote, reply, or post
Lacerte Tax Planner

Sign in for the best experience

Ask questions, get answers, and join our large community of Intuit Accountants users.

More like this

Dynamic AdsDynamic Ads