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M
MichaelPaz
Level 2
August 28, 2023
New

Lacerte should show how the tax is calculated

Related products:Lacerte
  • August 28, 2023
  • 1 reply
  • 4 views

I don't want to have to go do the math to tell my client how much of their tax liability is LTCG vs from their wages, etc. This would be such a simple feature to add, why is it not already a thing?

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    1 reply

    S
    strongsilence
    Level 10
    January 19, 2024

    There is a worksheet showing tax on capital gains. It's complicated but worth the time to learn.

    But generally, I agree.

    There is NO tax calculation worksheet for a fiduciary tax return. 

    I'm frustrated like I was when I tried to ride a greased pig for the first time; you can only hold on to a few parts but ya gotta be very careful about the parts!  Billy Gluffy remembers that...I think was back last century right Billy?

     

    (When I called support to ask why, I was told the "we folllow all IRS rules and regulations, yadda yadda blah blah.)

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