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December 2, 2024
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990 & CA 199- Issue

Related products:Lacerte
  • December 2, 2024
  • 0 replies
  • 6 views

Hi,

I have found a possible glitch in how the input flows to the forms.

I am filing the 990 and CA 199. On page 7 of the 990 we report officers with their wages and nontaxable benefits. Wages in column D nontaxable benefits in column F are reported correctly on that page. However when it flow to the CA 199 Statements page the total of wages + nontaxable benefits are in the Total Compensation column, and the non-taxable benefits are in the expense account/other column. This is double reporting the benefits on that form. The nontaxable benefits do not belong in the expense account/other column.

I have found ways to work around this but they are not idea. For a recent return I've put in a -1 in the expense account/other box in the input, but that actually reports -1 on the return.

This is not ideal. I trust this software to assist in filling in the forms correctly but in this instance, it is not.

Please fix.