
Common questions about Utah modifications in Lacerte
by Intuit•1• Updated 2 weeks ago
Below are solutions to frequently asked questions about entering Utah state return modifications in Lacerte.
Table of contents:
Where do I enter Utah modifications in the program?
- Go to Screen 51, Modifications.
- Select Utah from the left navigation panel.
How do I enter a lump sum distribution / COVID-19 (PPP) grants and loans addback?
- Go to Screen 51, Modifications.
- Select Utah from the left navigation menu.
- Locate the Additions section.
- Enter the amount for Lump sum distribution / COVID-19 (PPP) grants and loans [O].
- This will be reported on Form TC-40A, Part 1 as an addition to taxable income. This is addition code 51.
- This field will override any automatic calculation the program makes for this lump sum distribution / COVID-19 (PPP) grants and loans.
How do I enter a medical savings account (MSA) addback?
- Go to Screen 51, Modifications.
- Select Utah from the left navigation menu.
- Locate the Additions section.
- Enter the amount for Medical savings account (MSA) addback.
- This will be reported on Form TC-40A, Part 1 as an addition to taxable income. This is addition code 53.
How do I enter a Utah my529 addback?
- Go to Screen 51, Modifications.
- Select Utah from the left navigation menu.
- Locate the Additions section.
- Enter the amount for my529 addback.
- This will be reported on Form TC-40A, Part 1 as an addition to taxable income. This is addition code 54.
How do I enter federally-funded COVID-19 grant funds or forgiven loans received from Utah?
- Go to Screen 51, Modifications.
- Select Utah from the left navigation menu.
- Scroll down to the Subtractions section.
- Enter the COVID-19 Utah grants and loans included in AGI.
- This will be reported on Form TC-40A, Part 2 as a subtraction from taxable income. This is subtraction code SA.
How do I enter a Native American income exclusion for Utah?
In order to qualify for a special income exemption for the State of Utah, Native American taxpayers are required to report an enrollment or census number and a tribal code on their Utah return.
Taxpayers only qualify for the exclusion if they both live and work on a reservation. Refer to the TC-40 Forms & Instructions for more information.