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Level 1
May 5, 2025
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CO estimated tax

Related products:Lacerte
  • May 5, 2025
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Why is Lacerte apparently ignoring prior year federal capital loss carryovers in it's calculation of 2025 estimated taxable income?  As far as I can tell, and according to CO tax guide, the program should be using Federal taxable income from 2024 less CO modifications and not make Schedule D transaction assumptions?