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Level 3
December 8, 2023
Discussion ongoing

Tax Computation Detail

Related products:Lacerte
  • December 8, 2023
  • 5 replies
  • 7 views

I would love to see a tidy breakdown of the tax computation.  Right now, you can drill down into tax due amount on line 16 of a form 1040 if there is capital gains tax but it's not a super straight forward worksheet that a client or tax preparer can easily/quickly understand, and it doesn't go over the income tax breakdown.  It would be nice to see how much of the total tax amount is pulling from each income bracket, how much tax is being calculated at each cap gains rate, etc

5 replies

December 14, 2023

Thanks for the idea for a worksheet to report tax computation details. We are changing the status to "Open for voting".

Continue to vote and comment on enhancements by going to the Idea Exchange Home page and select "Status": Open for voting, "Sort by": Most Popular. >> Lacerte Idea Exchange

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Level 5
February 29, 2024

This has been implemented.

JuneAuthor
Level 3
February 29, 2024

I noticed!  Thank you for listening!  Great improvement!!

Level 2
November 19, 2025

Was this idea ever implemented?  I can't find a tax calculation worksheet in Lacerte.  The Tax Summary is NOT a substitute for a detailed worksheet.

JuneAuthor
Level 3
November 19, 2025

Yes, it was and its great! I refer to it all the time - huge value add for me.