joshuabarksatlc s
Level 10
12-01-2021
10:15 PM
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OR Resident?
Then, by any chance you entered an S in the Source field for the Code 813 line?
The credit (Code 813) is subject to AGI limitation. NO credit for AGI over $300K, BUT Lacerte still prepares OR-ASC and Line 25 on OR-40 still shows $5,000 when I tried it with a dummy return with $800K AGI. Lacerte just gave me a diagnostic without disallowing the Credit.
For a nonresident, still NO problem, except that it went to ASC-NP
For a resident, the Code 813 credit flows to OR-ASC and to Line 25. This is all I have.
I come here for kudos and IRonMaN's jokes.