RUPPQUINCY
Level 2
01-23-2021
10:05 AM
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Not use the Proforma does it. If it really did do that there would not be a need for an input field for 2019 Earned Income unless as an override and override is not indicated on the box.
Regarding the automatic calculation I was now reviewing notes from a tax conference I attended. The instructor uses Drake Software and his hand out states.
"To give taxpayers the largest credit possible, Drake Tax 2020 will calculate both credits, using both prior-year and current-year earned income, and automatically determine which results in the larger credit."
Shame on Lacerte for costing more but delivering less.