Cindy94930
Level 2
‎11-24-2020 06:47 PM
 
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George4Tacks
Level 15
‎11-24-2020 07:01 PM

Which year are you working on? There is no penalty in 2019.

 


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sjrcpa
Level 15
‎11-24-2020 07:02 PM

There is no federal penalty for 2019 and 2020.


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George4Tacks
Level 15
‎11-24-2020 07:14 PM

California? Not yet in the program, wait for at least the next 2020 program release. https://proconnect.intuit.com/community/lacerte-tax-discussions/discussion/how-do-i-tell-the-program...

 


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View solution in original post

Cindy94930
Level 2
‎11-26-2020 12:22 PM

I am working on 2020.  CA says their penalty, same as old Fed penalty, is calculated based on Fed input and there is no place for it in Lacerte.  I understand many states have adopted the Fed penalty when the Feds ended it.

George4Tacks
Level 15
‎11-26-2020 12:41 PM
You are correct. There is CURRENTLY no input for that. Probably in the next update.
Did you click the link in the post below where you just posted?
Someday it will be in Screen 53 > California Premium Assistance Subsidy Credit > enter 1= entire household covered for ...


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George4Tacks
Level 15
‎12-09-2020 09:50 AM

New update to 2020 - It is in Screen 53.014 California Premium Assistance Subsidy Credit like old IRS 1=entire household covered for all months, 2=no months. 

 


Here's wishing you many Happy Returns