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Common questions about benefit plan financial information (Sch. H/Sch. I) in Lacerte

SOLVEDby IntuitLacerte Tax3Updated July 19, 2022

Below are solutions to frequently asked questions about Schedules H and I for the Benefit Plan module of Lacerte.

How do I generate Schedule H or Schedule I in Lacerte?

Follow these steps to generate either form in the program:

  1. Go to Screen 3, Miscellaneous Information.
  2. Scroll down to the Schedule Overrides section.
  3. Enter a 1, 2, or 3 in the Schedule H and I: 1= force Sch. H, 2=force Sch. I, 3= suppress Schedules H and I field.

How does Lacerte generate Schedule H or Schedule I?

The program determines which Schedule to generate based on:

  • The form instructions, and
  • The entries for the plan

Refer to the Schedule H and Schedule I sections of the DOL Instructions for Form 5500 for more information.

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