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Generating individual Maine Schedule PTFC in Lacerte

by Intuit Updated 6 months ago

Follow these steps to generate Maine Schedule PTFC in the program:

  1. Open the client return.
  2. Go to Screen 53, Other Credits.
  3. Select Maine from the left navigation menu (if this is a multi-state return).
  4. Scroll down to the Property Tax Fairness Credit (Schedule PTFC) section.
  5. Check the box labeled Completing Form 1040ME in accordance with Step 1, paragraph A of the Schedule PTFC instructions (see F1 Help).
  6. Enter the Property tax paid in 2023.
Lacerte Tax

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