Option for 2025 Louisiana individual tax estimates
During 2024, the State of Louisiana implemented a tax decrease resulting in a 3% flat rate for individual income taxes beginning January 1, 2025. The Lacerte 1040 program is completely oblivious to this, and will only calculate 2025 estimates based on the 2024 tax rates. This results in tax estimates that will lead to overpayments in almost all cases. We have to override the calculated tax estimates for every single client... That's what I pay for software to do.
