CamarilloCPA
Level 1
10-27-2023
07:22 PM
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I just spent 90 minutes on the phone with support, asking how Lacerte is doing a calculation to limit losses on form 8995. They had no clue, said look at the 461 form instructions. Which I have. Their calculations seem way off, but the really concerning part is they have no idea how the program is doing the calculations. Lacerte seems like a really low quality product at this point. Does anyone know what a more premium product out there is? Or how the 8995 loss disallowance calculations are done? Because no one at Lacerte has any clue.
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