ProConnect HelpIntuit HelpIntuit

Common questions about city of Portland, Oregon business income

SOLVEDby IntuitLacerte Tax2Updated July 27, 2021

Below, you'll find answers to frequently asked questions about the city of Portland tax return in Lacerte:

Lacerte may generate the following diagnostic on a return that has more than $50,000 gross receipts on all activities:

The amount entered in "Total gross receipts" (screen 54.022, code 17) is less than $50,000. Therefore, the business activity is not required to file the Combined Report Form for individuals for the City of Portland. An exemption request should be sent to the Revenue Bureau along with a copy of the supporting federal and state schedules to prove the exemption. (ref. #11912)

Resolving diagnostic Ref. 11912:

This diagnostic is referring to Form SP-2021, lines 8 and 18. These amounts won't automatically fill in.

To resolve diagnostic Ref. 11912:

  1. Go to Screen 54, Taxes.
  2. Under the Sections panel, select Multnomah County Business Income Tax.
  3. In the field labeled Multnomah gross income, enter the amount of Multnomah income.
  4. Scroll to the City of Portland Business Income Tax section.
  5. In the field labeled Portland gross income, enter the amount of Portland income.

Was this helpful?

You must sign in to vote, reply, or post
Lacerte Tax

Sign in for the best experience

Ask questions, get answers, and join our large community of Intuit Accountants users.