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Level 1
November 20, 2024
New

NYS PTET worksheet in the S-corp module

Related products:Lacerte
  • November 20, 2024
  • 3 replies
  • 12 views

NYS PTET worksheet in the NYS module is great that you can now use the software for calculating the PTET credit.  The amount listed as PTET due on the worksheet, however, does not reflect estimated tax payments that have been made.  Will there be an update to this section to include PTET estimates already made so that the worksheet can show the true amount due, ( or refund)?  Can and instruction letter also be added to include with the tax return to inform clients of the tax filing, how and what to do? 

3 replies

Level 2
November 20, 2024

Wow what a smart suggestion!

Level 2
November 20, 2024

I really hope they make this update!

Level 2
November 20, 2024

Genius idea