2020 Lacerte Tax Program Update is Live and Available for Download (Updated 04/13/2021)

[IntuitBettyJo]

 

Latest Update: Version 41.0414

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate MD Form 500 Page 5 Displays Firm Name Exceeds 23 Characters and Overwrites Preparer's PIN

Fiduciary OK Schedule K-1, Line 5b Not Including Royalties, Prints on Line 6 Instead

Individual AZ Diagnostic Ref. 52389 Generates When No Arizona Amount is Due and Federal Extension Not Marked CT Tax Summary Does Not Include All Subtractions in the Total DC E-file Acceptance Letter Incorrectly Shows Refund Processed Through Refund Advantage MA Tax Summary does not show Business/Profession or Farm Loss for 2020 Year US e-File Reject Expense Amount Showing as a Negative in e-File Schema /Return/ReturnData/IRS1040ScheduleC/TotalOtherExpensesAmt US 1040NR Reject (SNEC-F1040NR-006) Tax Rate Shows 0 When e-Filing Instructions Are Set to No US Diagnostic Ref. 19832 Generates When the Date of 04152021 Has Been Entered and WV is Present

Partnership  CT Form CT-1065/CT-1120SI Part 1 Schedule A Line 6A Interest on Underpayment Not Adjusted by Overpayment CT Client Letter Indicates Both Deposit and Amount Due

Gift US Input Screen 3 Codes 15 and 55 F1 Help Outdated

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[IntuitBettyJo]

 

Version 41.0330

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate AK Carryback Input No Longer Available MN Schedule KSNC Addback for Paid Medical Leave Incorrect

Fiduciary MI Diagnostic Ref. 52115 Not Clearing When Distributions Match MI1041 Schedule 4 Amount When Using the '2' to Exclude Dispositions

Individual US Amended E-file Exception Error When Capital Gain Distribution Statement is Included with the Tax Return ME Education Opportunity Tax Credit Page 2 Lines 2a and 2b Display Issue MN Amended Form M1X Lines 3 and 4 Amounts in Column A and B are Swapped MN Schedule M15 Line 5 Is Not Populating The Correct Amount In All Cases NY Amended E-file Reject /ReturnState/ReturnDataState/processBO/composition/forms/IT203/IT203OTHINCID When Unemployment Compensation Exclusion is Present OH Diagnostic Ref. 54889 Wil Not Clear When NAICS Code is Entered OH Form SD 2210-100 Page 2 Checkbox for Farming/Fishing Cannot Be Checked WI Payer ID Number Input is Limited to 12 Digits (Screen 14.2 Code 815) When Number is 15 Digits MN Schedule KPC/KPI Partners Distributive Share Percentage is Truncated

S Corporate KY 740NP-WH Page 2 Line 17 Not Calculating, Line 13 less Line 8, 14, and 15 MN Schedule KSNC Addback for Paid Medical Leave Incorrect

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[IntuitBettyJo]

 

Version 41.0331

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate

Fiduciary

Individual 2020 IND MD Diagnostic Ref. 2055489 Generates Unexpectedly

S Corporate

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[IntuitBettyJo]

 

Version 41.0401

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate

Fiduciary

Individual AL Form 2210AL Unable to Complete Regular Method When Boxes C and D are Checked US Form 1116 Will No Longer Allow You to Type RIC as The Name of Foreign Country US Form 1040 Page 2 Line 36 Will Not Populate While Return Marked Amended US E-file Reject IND-073 When Original and Amended Return Have an Overpayment US Diagnostic Ref. 54780 Generates for SSA-1042S Requiring Payer EIN, No Input Provided UT Form TC-40B Will Not Populate Nonresident Home State Abbreviation

Partnership / S Corporate NJ PTE-100 Line 23 Calculating Negative Amounts

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[IntuitBettyJo]

 

Version 41.0405

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate

Fiduciary

Individual VA Tax on Form 760CG, Line 16 Incorrect When UCE Present

Partnership / S Corporate

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[IntuitBettyJo]

 

Version 41.0406

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate NJ Midyear Line 5a Surtax Rate is Taxing at 4% When Instructions State to Tax at 2.5 NJ CBT-100 Page 5 Schedule A Part 2 Line 25 Not Showing PNOL from Line 8 of the NJ 500 Section B

Exempt US Form 990-T Extension (8868) Rejection Due to Books in Care of Missing

Individual GA Schedule 1 Page 2 Line 11 IRA Distribution with Qualified Charitable Deduction Not Reduced IA Form 1040 Line 14 Incorrectly Shows Spouse Withholding as a PAR/SCO Adjustment KY Schedule A Contributions Line 10 Carryover From Prior Year Not Being Limited to 60% of Kentucky AGI KY Filing Status Override Behavior (Married Filing Separate Combined) WI E-File Reject /ReturnState/ReturnDataState/SchM/OtherAdjustments Not Pulling Amounts Entered for Spouse WI Schedule 3K-1 B 3 Nonresident Partner Pulling From Wrong Partner When Partner Number(s) Skipped on Screen 7

S Corporate NJ Midyear Line 5a Surtax Rate is Taxing at 4% When Instructions State to Tax at 2.5 NJ CBT-100 Page 5 Schedule A Part 2 Line 25 Not Showing PNOL from Line 8 of the NJ 500 Section B NJ e-File Rejection /ReturnState/ReturnDataState/SchC-S/OtherDeductionsA/OtherExpenses Due to Charitable Contributions When None Present NY e-File Reject /ReturnState/ReturnDataState/processBO/composition/forms/CT34SHA

Lacerte Operators 2020 Exception Occurred In The Tax Engine: Failure Saving Tax Manager Data: Unable to write to L:\Lacerte\20tax\Idata\Notes\ClientNumber.iZ0

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[IntuitBettyJo]

 

Version 41.0408

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate OH City of Cincinnati Return Doesn't Print State or Zip Code on Form

S-Corporate OH City of Cincinnati Return Doesn't Print State or Zip Code on Form NY e-File Reject /ReturnState/ReturnDataState/processBO/composition/forms/CT34SHA

Individual NC E-File Rejection NCFIN-1060 Payment Contact Information Missing PA Tax Brochure Scholarships Shown as Taxable on Line 1a PA State if Different on W-2 Input Prints -1 on Form US American Rescue Plan Act Results in Unexpected Amount for Schedule A and SE Health Insurance Premiums KY Form Schedule K-1 (PTE) Page 3 Line 16 (a) Will Show "See Attached" When No Attachment Present MD Schedule K-1 Distributive or Pro Rata Share Percentage Shows % for Wrong Partner When Partner Numbers Skip

Partnership  OH City of Cincinnati Return Doesn't Print State or Zip Code on Form

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[IntuitBettyJo]

 

Version 41.0409

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate NJ Midyear Line 5a Surtax Rate is Taxing at 4% When Instructions State to Tax at 2.5

S-Corporate NJ Midyear Line 5a Surtax Rate is Taxing at 4% When Instructions State to Tax at 2.5 NJ CBT-100 Page 5 Schedule A Part 2 Line 25 Not Showing PNOL from Line 8 of the NJ 500 Section B

Individual

Partnership

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How can I check which version of Lacerte I have installed? 

[IntuitBettyJo · Accepted solution]

 

Latest Update: Version 41.0414

Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)

Corporate MD Form 500 Page 5 Displays Firm Name Exceeds 23 Characters and Overwrites Preparer's PIN

Fiduciary OK Schedule K-1, Line 5b Not Including Royalties, Prints on Line 6 Instead

Individual AZ Diagnostic Ref. 52389 Generates When No Arizona Amount is Due and Federal Extension Not Marked CT Tax Summary Does Not Include All Subtractions in the Total DC E-file Acceptance Letter Incorrectly Shows Refund Processed Through Refund Advantage MA Tax Summary does not show Business/Profession or Farm Loss for 2020 Year US e-File Reject Expense Amount Showing as a Negative in e-File Schema /Return/ReturnData/IRS1040ScheduleC/TotalOtherExpensesAmt US 1040NR Reject (SNEC-F1040NR-006) Tax Rate Shows 0 When e-Filing Instructions Are Set to No US Diagnostic Ref. 19832 Generates When the Date of 04152021 Has Been Entered and WV is Present

Partnership  CT Form CT-1065/CT-1120SI Part 1 Schedule A Line 6A Interest on Underpayment Not Adjusted by Overpayment CT Client Letter Indicates Both Deposit and Amount Due

Gift US Input Screen 3 Codes 15 and 55 F1 Help Outdated

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How can I check which version of Lacerte I have installed?