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Form 8971 Sch A listing of bulk assets

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Level 1

Form 8971 Sch A instruc's state that you can do a bulk asset listing in lieu of detailed items, such as stocks held in a brokerage account.  How is this done in Lacerte?

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Level 15

I assume you are using the Estate Tax module - Lacerte pulls this from the entries in Screen 11. 706 requires a detail, but if just preparing the 8971 you could enter a "bulk" entry such as Schwab Acct - See Attached with appropriate summary info. 


ex-AllStar

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Highlighted
Level 15

I assume you are using the Estate Tax module - Lacerte pulls this from the entries in Screen 11. 706 requires a detail, but if just preparing the 8971 you could enter a "bulk" entry such as Schwab Acct - See Attached with appropriate summary info. 


ex-AllStar

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Level 1

Thank you George.  Yes, I am using the Estate module.

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