NJ CPA

Please support NJ forms PTE-100 and PTE-200 for pass-through entity tax.

Thank you for your submission! The NJ PTE-100 was implemented in the latest product update for ProSeries on March 5th, 2021.

Status: Implemented
Vote now if this is a good idea
Comments
Returning Member

How could Proseries not support this form?? Most NJ entities will need to file these forms!

Level 1

Most NJ passthrough entities (1065 and 1120S) will be using making this election and need support for this form.

New Member

I've entertained for a variety of reasons, but mostly due to dissatisfaction, switching to another software provider.  After more than two decades with Lacerte, this will likely be my last if they do not support the NJ BAIT issue which impacts a significant percentage of my commercial tax filings. 

Returning Member

Please support preparing these forms ( PTE -100, PTE 200-T)or it will be very difficult for NJ CPA's to9 get through the tax season

Level 2

Given the value of this tax option, I expect this form to be used in most cases.  How can Lacerte not make it a part of their offerings.

Returning Member

PTE-100 AND PTE-200 ARE VITAL TO OUR PREPARING NJ PASS THROUGH ENTITYS TAXES.  PLEASE INCLUDE THESE FORMS IN THE PRO SERIES TAX PROGRAM.

Level 2

If Intuit wants to be a premier Tax software they have advance and change with the tax laws.

Level 1

This is a must for whom you make the program for in the end!!  Crazy not to support this function!

New Member

As a Lacerte user for many years I would agree that if they do not include this as part of their software I will seriously consider other venders for next tax season.  How can they not include this?!

Returning Member

Lacerte user for over 20 years, each year they give me another reason to switch

The PTE 100 needs to be included

Returning Member

Lacerte needs to include these forms, this will be an important filing step for a lot of taxpayers

Level 3

Proseries user here and this should be included for what we pay for the programs.

 

Please include this 

New Member

How can Proseries not include this form? For what we pay that is ridiculous. Most partnerships will use the form.

New Member

intuit should support the filing of the PTE-100.  it is an extremely important form.

Level 2

I agree with all previous statements made

New Member

Please support the filing of Forms PTE-100 and PTE-200.

I find it unbelievable that for all of the money we pay for Lacerte, they don't offer support for this filing.  I will definitely be looking into other software options for next tax season.  Just another example of Lacerte missing the mark.

Returning Member

We definitely need the NJ Pass Through Entity forms supported by ProSeries.

Let's do this Intuit!!

Level 1

As a long-time subscriber to the complete, (and costly), ProSeries Library, the NJ module is the most critical state filing software for my practice.  With price increases occurring year over year, it would seem that Intuit should have anticipated and allocated resources to program for this major NJ legislation which was introduced in 2018 and was passed over a year ago in January 2020.  With all that practitioners are facing this tax season, not having the necessary forms will certainly make the filing season that much more arduous.  I trust that Intuit will reconsider its position and provide the necessary support for its loyal customers who count on the software to make the tax filing season at least somewhat bearable.  Thank you for the consideration.

New Member

PTE-100 AND PTE-200 ARE VITAL TO OUR PREPARING NJ PASS THROUGH ENTITYS TAXES.  PLEASE INCLUDE THESE FORMS IN THE LACERTE TAX PROGRAM.

Level 2

Lacerte, please step-up and do the right thing with your thousands of NJ users.  We all have many clients who took advantage of the NJ Business Alternative Income Tax.  Please provide us with the tools to file the New Jersey PTE-100 for the 2020 tax year.

Returning Member

Please support NJ forms PTE-100 and PTE-200 for pass-through entity tax.  Its going to be very difficult to manually enter to file them online for all clients. 

New Member

Lacerte, you need to support these forms.  They are primary forms for the Partnership and S Corp filings in NJ

Returning Member

Show us you're worth it Proseries!   Add the PTE FORMS!

Level 2

I have been a Lacerte user for over 30 years.  We have always paid a premium price for this great software.  How can a premium software vendor, like Lacerte, not support a change in the NJ pass through entity law and provide an interactive form, extension, e-filing and payment support for this?  Partnerships and S-corps represent a high percentage of our business returns.  March 15th is going to be a hectic time and to have us go online with NJ to compute, pay and file these forms and extensions is ridiculous. We will then manually have to input this on the K-1’s?  Lacerte get off your butts and provide this much needed interactive software to your loyal CPA Community! 

Skip Richards, CPA

Richards Group, CPA

 

Level 1

Please support NJ forms PTE-100 and PTE-200 for pass-through entity tax.

New Member

How can Lacerte not include this form in their software. For what we pay and they hold themselves out as a top rate provider, not very happy. I'm sure UltraTax will beat them again!!!

New Member

these forms are vital to our tax preparation practice.  Please support these forms.  

Returning Member

How can Intuit/Proseries not support the PTE tax?  Th majority of my clients are affected by this tax. 

Level 2

It is shameful that Lacerte is considering not supporting the PTE series.  If they do not, I do not see any reason to renew with them next year.

THAT'S WHY WE PAY THEM!!! TO HELP PROCESS TAX FILINGS.  Someone else will do the heavy lift if they don't want to.

New Member

Lacerte needs to make including the NJ PTE-100 a top priority or this will be a real hardship for accountants this filing season.

Returning Member

This may be the last straw with Intuit. There has been a serious decline in quality, service and reliability over the past years with of course the annual increase in cost. To not provide service of the NJ PTE-100 is a complete failure of good faith to your Lacerte customers.

Returning Member

There is no excuse for a publicly traded company worth $102 Billion not to provide this service to its loyal customers. We have been using Proseries for 22 years. If they do not support this form, we will be moving to another provider. 

New Member

No happy that Lacerte is not supporting NJ PTE 100, a lot of our clients will use that form.

Level 1

Please support PTE-100 & PTE-200!!!!

NJCPA member

New Member

I agree.  Considering what they charge they should support us and do the PTE 100 Forms

 

Returning Member

The PTE 100 should be included in the Lacerte tax filing

New Member

We will also consider other vendors if this is not supported!  

Level 2

With the monies they charge for their software and the horrendous job they did in 2020 Lacerte needs to get their act to together

Returning Member

Is there any reason why Lacerte should not align with their commitment to their customers by supporting NJ 

PTE 100

and PTE 200

failure to act on this requirement would demonstrate a failure to support on Lacerte's behalf?

 

 

New Member

Not including NJ PTE forms through Lacerte or any Intuit tax programs is utterly ridiculous.  As a firm, we will seriously consider other tax software for 2021.  16-year customer of Lacerte.  Very disappointed in this decision and suggest they reconsider their position.  And not even a response....

Returning Member

NJ PTE - 100

We have been with Lacerte for 18 tax seasons and needless to say this is disturbing.   Seems unfathomable that the PTE-100 is not being supported.  We have hundreds of NJ pass-through business clients and not having this form available will significantly impact our practice.  

Please support this form ASAP!

 

Level 15

@Lizzy042991Instead of starting your own party, why not join the one that's already going on?  Just about everybody in town is there (well, almost anyway).

https://proconnect.intuit.com/community/proseries-tax-idea-exchange/pte-100/idi-p/112262

New Member

I find this irresponsible of our tax software not to accommodate the NJ BAIT  and the respective forms. Why would we purchase software that is incomplete and not able to handle our Clients!!

Level 2

If Proseries will not be supporting this form then it will be time to pick a new software provider.  

Returning Member

The PTE 100 should be included in the Lacerte tax filings-this fix is necessary.

Returning Member

Lacerte has always been an expensive high quality product. I expect that Intuit will be including PTE-100 form for this filing season or my firm will not be renewing our tax software with you in the future.  

New Member

Did Lacerte say they won't be supporting form PTE-100. That doesn't even make sense.

New Member

The PTE form is a new "tax return" form.  The majority of our flow-through entity clients in NJ are opting in.  There is no excuse for excluding the necessary associated forms from the '20 tax year subscription.  This is what we pay dearly for.  No different than if we tax preparers notify our clients that if they wish to opt in, they're on their own to prepare and submit the forms.  Do your job Intuit. 

Returning Member

It is appallingly irresponsible not to support Form PTE-100 in Lacerte and indicates a complete disregard for a minimal level of customer satisfaction.  This form is as integral as the CBT-1065.  Please get this done.

Level 1

PTE100 is an important part of Partnership returns and must be added to the proseries program.

In addition for years, Form 1118 for claiming foreign tax credit has not been added and we can not file if we override the field. It should be corrected too , if proseries wants to continue maintaining its position in the current market place, it must update its software.

Returning Member

I have used Lacerte for nearly 30 years. Not supporting the PTE-100 and PTE-K-1 will no doubt be a game changer when our company renews its software this year.

Returning Member

Unacceptable.  The PTE-100 will be much needed.

Returning Member

I spoke to an inside contact at Intuit and was told that Form PTE-100 will be released. 

They do not know when it will happen, but I was assured that we will be happy.

Level 2

I can't believe that Lacerte is not responding to this.

Simply amazing.  

This is a really bad way to start tax season.

Level 1

Since I have many clients that have elected the NJ BAIT, if Lacerte does not support the PTE-100 forms it will be necessary to find another provider in the future.  When paying a premium for tax software it is not too much to expect that we get a product that delivers.

Level 2

How is this not included in ProSeries 2020? My whole practice is NJ companies.

Returning Member

Right now it is not included! Please let Lacerte know how upset you are! This is outrageous!  

Returning Member

Did not dream for one second that Intuit would not support NJ-Bait. can't see how any reputable tax software company can avoid providing this vital function.

Level 2

Please email and/or call your sales reps (ProSeries and /or Lacerte). Crazy that we have to do that but it is what it is.

Employee
Employee

ProSeries and Lacerte intend to support the PTE forms and this development is in progress.

 

Level 1

I spent time last year researching alternatives to ProConnect Online and found some suitable candidates. At the end, I decided to stick with what I was familiar with, even though it's not the greatest and is still quite expensive. Knowing that PTO will not support the NJ-BAIT form is enough to send me back to my research. I cannot believe that NJ tax preparers will be left out in the cold on this, in an already horrible tax season (due to COVID, multiple stimulus payments, multiple PPP loans, Employee Retention Credit, etc.).

Returning Member

PTE-100 is a necessary, and basic, form for 2020 NJ tax returns. This should be provided by any tax software company expecting to be taken seriously.

Returning Member

SDJayhawk - You mentioned "ProSeries and Lacerte intend to support the PTE forms and this development is in progress."  I know PTO is on the Lacerte platform.  Is PTO included in that development? 

Returning Member

WE NEED SUPPORT FOR NJ BAIT. THIS APPLIES TO THE MAJORITY OF NJ BUSINESS CLIENTS.

Level 3

SUPPORT IT 

Returning Member

Hi, is there any updates on form NJ PTE-K-1? TY

Employee
Employee

All, NJ PTE was released late last week so you should be able to file.  We are seeing some electronic filing issues in ProSeries that we are working through.  We appreciate your patience.  

Level 3

It just says review client data and you can't efile.

Employee
Employee

All - we are seeing rejects due to the filer not having an election on file.  Please ensure you have electronically filed the election prior to filing the PTE-100.  Per instructions, election is made here:  https://www1.state.nj.us/TYTR_BusinessFilings/jsp/common/Login.jsp?taxcode=09

 

Level 3

Can’t get anywhere near there. PROSERIES

New Jersey CBT status not ready please verify the client data in this return

New Jersey exempt status not ready please verify the client data in this return

 

What is this?

Level 3

1120s

Did 1 all manual with NJ  Took 45 minutes adding all the data in Bait election , PTE 100 form and payments. and 2021 PTE 150 estimates

 

Did second one-elected Bait  allowed proseries to efile pte 100 and the balance due, and set up pte150 for 2021 and cbt150 2021 while in state website. Hope it works!  Much faster

Employee
Employee

Thanks for the information, Tom Schad.  One thing to note is that estimated payments for NJ PTE are not currently active in the ProSeries program but it is in development.  Filers will need to go to the NJ portal for estimates.  We apologize for the inconvenience.  

 

 

Level 2

This is all well and good for Pro Series users; when will BAIT filings be available for Lacerte users? We have one week left to file.  Yes, NJ said no penalties if filed by April 1, but this impacts other returns and office flow as well.  And how about giving us NJ Corps and S Corps already  We can’t file those and it’s March 8! This has been a mess this year. I’ve been a Lacerte user since 1991 and it just seems to get worse every year!

Employee
Employee

Hi, erickodish - 

I'll need more information to help you.  I've sent you a private message and you can respond to that if it  helps.

Thank you,

Stephanie

 

 

Community Manager
Community Manager
Status changed to: Implemented

Thank you for your submission! The NJ PTE-100 was implemented in the latest product update for ProSeries on March 5th, 2021.

Level 3

EXCEPT IT DOESN'T WORK.

CAN'T EFILE IT.  SHOWS TO CHECK DATA IN RETURN.

!!!!!!!

Level 1

One other point is that the vouchers to pay the PTE estimates for 2021 are not showing up on the Client Letter and do not seem to be available as an option under Edit Client Letter.  Can they be added?

Employee
Employee

Thanks, ken10.  We have heard feedback to support the custom paragraph for the NJ PTE filing.  It is under consideration.  

Level 3

I Efiled one PTE-100 thru Proseries and It was accepted by by NJ-went on NJ website and still not showing as posted there-I guess I can wait

 

As for the 2021 PTE estimated on the letter I just handwrite in next to CBT 150  and lable columns CBT 150   PTE 150. Not the most professional But clients see it. 

 

I also go on state website and set up payments for them-just easier 

Employee
Employee

Thanks, Tom...we've heard from NJ that it may take a few days for the election/filing to update in their system so hopefully you will see it soon.