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Add a query in Client Analyzer for returns with Unemployment Compensation

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Add a query in Client Analyzer for returns with Unemployment Compensation

DRBEA

Since the American Rescue Plan was enacted on March 11, 2021, and up to $10,200 of unemployment compensation paid to each taxpayer in 2020 can now be excluded from income, it would be a time saving feature in Client Analyzer to be able to go back and find all returns with unemployment income, so that a complete list of clients with that situation can be informed and so that Amended returns can be prepared.

Status: New
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4 Comments
Just-Lisa-Now-
Level 15
Level 15

They are working in it.

Until then, as a workaround, you can create a custom Homebase View that includes the Other Income on Sch 1, this should include all clients with UI income, it also includes other types of Other Income so you may still have to do some sifting, but this is all we have for now.

beotherincome.png

 

dkh
Level 11

IRS has said wait on amending returns.  They will possibly make adjustments to returns already filed with unemployment.  

Illni
Level 4

Where is custom views in Lacerte?

SamuelO
Level 2
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