aztxboy's Posts

aztxboy · ‎03-26-2020

I have the same issue. If you manually calculate the 80% limitation and place in the Carryover absorbed in 2019 input box, the taxable income before NOL (found on 2018 NOL utilization statement) c...

I have the same issue. If you manually calculate the 80% limitation and place in the Carryover absorbed in 2019 input box, the taxable income before NOL (found on 2018 NOL utilization statement) changes to a number that is not the actual taxable income, but the original taxable income plus the absorbed amount. Also, the change (which is an override) screws up the 2019 Computation of Taxable Income for NOL utilization statement. It seems to be a program error.

aztxboy · ‎02-05-2020

The solution would work great if the clients were being assigned to just one new staff preparer. In this case, they are being assigned to multiple staff preparers. Seems we will have to manually ...

The solution would work great if the clients were being assigned to just one new staff preparer. In this case, they are being assigned to multiple staff preparers. Seems we will have to manually input the majority. It makes no sense as to why a techy company like Intuit doesn't include this feature in its software. I would appreciate comments from Intuit.

aztxboy · ‎02-05-2020

Last year was the first year our firm used Lacerte software. This year one of our staff preparers left the firm and we are in the process of reassigning her 200 plus clients to new staff preparers f...

Last year was the first year our firm used Lacerte software. This year one of our staff preparers left the firm and we are in the process of reassigning her 200 plus clients to new staff preparers for 2019. Is there a way to make these reassignments on a mass basis in Lacerte? If yes, how? FYI, we were able to do this sort of thing with our prior software provider (UltraTax). BTW, hopefully, I can get an answer here as the wait time on customer service currently is over an hour. Sheesh.

aztxboy's Posts

aztxboy's Posts

Re: How do I manually adjust a net operating loss deduction in excess of 80% of taxable income without getting an error message?

Re: Mass reassignment of staff preparer to firm clients

Mass reassignment of staff preparer to firm clients

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