Welcome back! Ask questions, get answers, and join our large community of tax professionals.

Allow negative values to net expenses

Showing results for 
Search instead for 
Did you mean: 

Allow negative values to net expenses


Consistent application of the negative values available for use in each section of a tax return.  This year observed difficulty in a 1040, Schedule C: expenses (some not all) as well in itemized deductions, the mortgage interest section, wanted to show the mortgage interest was entered and then removed for note detail.  NOTE here, the taxpayer benefited from the standard deduction. 

Status: New
Vote now if this is a good idea
Level 15

You are not the first to comment on Lacerte's sudden change to not allowing negative number entry.

Level 15

No wonder Ideas already submitted never get any votes...

Post comment