Hello, I am new to Lacerte, and I can not figure out where I need to input Paid Family Leave taxes on the software. Can anyone inform me of where this information needs to be inputted?
Solved! Go to Solution.
PFL in box 14 is not a tax at all. It's the amount of COVID wages paid. Unless your client is also self-employed it has no bearing on the return. If your client is self-employed it will go on Form 7202 line 15 or line 16 and affect the calculation for the self-employed amount of the credit.
Edit: Phoebe had a better crystal ball than I did. 🙂