Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- NH help needed
NH help needed
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
jerry
Level 5
04-05-2023
03:57 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
California client sold a rental condo in NH for a $130k gain.
NH instructions say that a rental is a business activity, and the gain is taxed on Form NH-1040. Intuit says that Form NH-1040 is supported and released for Lacerte.
But while I added NH and allocated the sale to NH, Lacerte won't include this form. NH-BT is grayed out. The Tax Summary shows $9870 owed in Business Profits Tax for NH, but Lacerte doesn't generate a NH-1040, and the client Letter doesn't mention anything for NH. And CA doesn't calculate an OSTC without anything showing owed to NH.
What am I doing wrong?
Thanks!
Labels
