News & Updates

Lacerte REP is committed to improving our payment offerings by streamlining and expediting the posting of payments to your REP account . Beginning July 1, 2025, Lacerte will no longer accept paper checks as a payment method for Lacerte REP.  This change has a number of added benefits, including quicker payment as well as improved security and fraud prevention. We’ll also show you how to pay your bill via the payment portal in your My Account page at your fingertips. So, why switch to online payments for Lacerte REP? Our online portal employed advanced security measures to safeguard your information and provide peace of mind.  https://security.intuit.com/security-practices/  Your payment can be completed within 24 hours of statement receipt, or automatically! Avoid delays that can result in the inability to print or file returns. Avoid errors in applying check payments to your account. Reduce your risk of unexpected fees due to late payment processing. Avoid potential wa

View the hot topics page here to see a compiled list of our trending topics so you can stay informed. This page will be updated regularly, so bookmark it, and check it out often. If you prefer to get helpful articles and updates through your email, subscribe to the Hot Topics page!  Subscribe to the Hot Topics page here.  

Save time with the Single Sign On (SSO) experience in Lacerte.  Save time by accessing multiple years of Lacerte without additional logins.  Sign in once and have instant access to up to three consecutive tax years.This feature is now available in 2024, 2023, and 2022.  To ensure the functionality of this feature, please verify you are using the following program versions (or newer) for each respective program year:2024 Version 45.0005 2023 Version 44.11142022 Version 43.1114 

The IRS will be shutting down the Individual Form 1040 e-file servers for annual maintenance Saturday November 30. Lacerte will continue to accept these transmissions until 5PM Pacific, on this date. This does not impact the ability to file returns from the business modules. Once e-file opens again for Tax Year 2024, prior year returns can be filed from 2022 and 2023, while 2021 will NOT reopen for e-file. IRS MeF Production Shutdown Details:  https://content.govdelivery.com/accounts/USIRS/bulletins/3be0724

The IRS will be shutting down the FIRE system which impacts Form 8955-SSA transmissions, for annual MeF maintenance and will not come back online until January. Lacerte will block transmissions 4 hours prior to this shutdown to allow any e-filed forms to complete the transmission process. Lacerte will begin blocking November 22, 2024. IRS Website details with timeline: https://www.irs.gov/e-file-providers/filing-information-returns-electronically-fire

Visit the Getting ready with Lacerte page for a quick reference while setting up for the upcoming tax season. Visit the page here.     

View this site to find articles on sign-in, security, subscriptions, billing & more...Check it out here.  

Find sections that cover basic how-to's, as well as the most commonly asked questions around reporting a Schedule C in Lacerte. Check it out here.  

In some cases, Form 7206 is not generating and the SE Health Insurance Deduction is getting inexplicably limited on Sch 1 Line 17. Workaround: 1. Go to Screen 24, Adjustments to Income2. Navigate into batch mode by pressing Ctrl+W3. Delete codes 17 and 67.  You may only see one of them. This is caused by the SE Health Insurance overrides from 2022 being brought forward during proforma. These inputs no longer exist Lacerte 2023 and forward.

View the troubleshooting page that covers resources for the most commonly asked questions regarding printing and PDFs.Check it out here!    

View the tax topics page that covers the most commonly asked questions around generating and reporting a Schedule K-1. Check it out here!    

UPDATE: This unexpected behavior has been addressed in a program update available August 9, 2024 (Version 44.0809). This will be reflected as 2023 Operator Programs Version 44.0809 in Lacerte. (click to view instructions - How to check which version of Lacerte is installed) Some users have reported Lacerte locking up when attempting to view the Forms after installing the latest program update Operator Program Version 44.0807, available August 7, 2024. Our development team is working to resolve this issue as quickly as possible. In the meantime the following workarounds have resolved this issue; Workaround(s):Option 1: From the Settings dropdown menu, select Options Within the Setup tab switch "Show Input Warnings in the Detail Tab" to No. Option 2: While in Lacerte, select F10 (Help > Troubleshoot) In the System Information tab, locate the "Lacerte workstation number" Close Lacerte Using File Explorer go to the 23Tax > Options folder Within the Options folder, locate the file

Early in the 2023 Tax Season IA instructed taxpayers to add back their QBI deduction when determining the IA Health Insurance Premiums Deduction.  Later in the season, IA determined QBI should not be included. Lacerte was updated to reflect this change.However, as the deadline quickly approached Iowa again notified taxpayers this was to be switched back to the original treatment. Lacerte was once again updated to reflect these changes.What does this mean for returns already processed?It is recommended returns with the Iowa Health Insurance Premiums Deduction be reviewed to determine whether or not this change in calculation impacts the total deduction reported. Returns showing a change in the calculation when QBI is once again included should be adjusted to reflect the correct calculation and filed as an amended return.

Minnesota legislation signed into law on April 8, 2024, retroactively changed the effective date to reduce the Net Operating Loss (NOL) deduction limitation. The Corporate NOL deduction limitations are:For tax years beginning after December 13, 2017, and before January 1, 2024, the NOL deduction is limited to 80% of the taxable net income.For tax years beginning after December 13, 2023, the NOL deduction is limited to 70% of taxable net income. Minnesota guidance suggests using the updated 2023 NOL, Net Operating Loss Deduction schedule when preparing your return.  If you have already filed your 2023 return, you may need to file an amendment return to claim the additional NOL deduction.Lacerte will be updated to reflect the 80% deduction limitation in a future release. This release date is TBD and will most likely be done after the April 15th deadline.This posting will be updated when a release date has been determined.

When reporting details in Screen 1, Client Information, the Spouse Authentication section does not retain the details entered. In some cases it will display after leaving the file and returning.Because these details are required in some electronic filing situations (state specific), we are working to address this behavior as quickly as possible, and will release in a program update. This notice will be updated once the release is available for download.  

Resolved, please download the latest update.  After the March 28th Lacerte update, E-signature for Individual returns is incorrectly generating Form 8879-TE as it applies to Fiduciary returns filing Form 5227.  If Form 8879-TE is generating for individual returns, you can uncheck the form on the E-signature Forms screen before creating the e-signature request.

Fiduciary and Exempt e-filings have been temporarily blocked due to recently released IRS schema updates. Any returns previously filed and rejected are being held at this time. We are in the process of implementing the latest schema changes. Once these have been implemented in a program update, these held rejections will be released in order to re-transmit on the most current schema version.Note: Returns that were not held and received a rejected status will show Reject Error: R0000-004-01. These can be re-transmitted once the program release is available.---------This unexpected behavior has been addressed in a program update available March 18, 2024 (Version 44.0318)Note: If this behavior caused an e-file rejection, you will need to update the program and review your return prior to re-transmission.

Form 1099-MISC Available End of January for Rebate Recipients The IRS has determined the Arizona Families Tax Rebate recently sent to eligible taxpayers is subject to federal income tax and is required to be reported as part of the federal adjusted gross income. However, the rebate is not subject to Arizona income tax and should be subtracted from the federal adjusted gross income on the 2023 Arizona individual income tax return. Affected taxpayers will be sent a statement by mail that they are to check the online portal to access their 1099-MISC which documents the rebate amount they received. ADOR is required by federal law to issue this form to taxpayers as an informational statement since the income must be reported on the income tax return. Taxpayers can also check their bank statement to confirm the amount received from ADOR for the Arizona Families Tax Rebate. The statement is not a bill, and individuals should not send any type of payment in response. Effective January 31, ADOR

The following email has been brought to our attention by customers. It indicates that Intuit has identified e-filed returns belonging to your firm, which were submitted for e-file without your prior authorization.This email is a fraudulent attempt to obtain sensitive information and was not sent by Intuit. Please disregard. Additional Intuit Security Resources:Privacy and Security: https://www.intuit.com/privacy/ Security Notices: https://security.intuit.com/security-notices/  

It has come to the New Jersey Division's attention that there is a mistake on the originally released version of Form CBT-100S. The reference for Schedule K, Part III, Line 7 should be Page 1, Line 2a minus Line 3 (Instead of Page 1, Line 4 as recorded on the originally released version of the form). Preparers should review their returns to ensure that they've properly reported the Corporation Business Tax on Schedule K, Part III, Line 7. I If an incorrect amount was reported, an amended return is required. New Jersey Division of Taxation: https://www.nj.gov/treasury/taxation/cbt/23schedulek.shtml  

Starting on February 22, Tax Advisors using Lacerte can begin planning in Intuit Tax Advisor with their client’s 2023 tax return as the baseline allowing projections for tax year 2024. Both Federal and State functionality will be enabled on this release.    

Updated 3/1/2024: It’s farmer’s day. Here are reminders of what to check and how to change the payment date if you need to: To make sure the March 1st due date is showing on the returns in Lacerte:    To update the letter: Go to the Invoice, Letter, and Filing Instructions Screen 5.1: Scroll down to the Client Letter section. Enter the date in the Due date of return [O] in MM/DD/YY format.   To update the payment date: Go to Screen 3 Miscellaneous Info./Direct Deposit. From the Sections select Direct Deposit of Refund/Electronic Payment. Check the box Electronic payment of balance due. Enter the payment date in Electronic payment date [O]    For tax year 2023, Form 3800 is undergoing a major IRS rewrite that expands the form to 8 pages. For 1040 returns, the needed calculations for Form 3800 have been released. Calculations for Elective Payments and Transfers are still pending product changes.

This unexpected behavior was originally identified in the Individual Tax Module, in late November and quickly addressed in a program update available November 29, 2023 (Version 43.1129).Later it was discovered that this same behavior was experienced in the Corporate module, and was then addressed in a program update for both Corporate and S Corporate Tax Modules available January 17, 2024 (Version 44.0117).This behavior was specific to any depreciation asset that contained prior SDA for federal and -1 for state in 2022 (sample below).2022 Lacerte ClientWhen transferring the client to 2023 using the Proforma feature, the Prior special depreciation allowance for the Federal (10,000 in the image above) is transferred to 2023. However, the -1 for state is not transferred.Next Step - Client Files Transferred Prior to Program Updates:You may want to either;Re-proforma any clients impacted by this behavior from 2022 to 2023.This action will overwrite any changes already made to the 2023 file.

The Partnership & S Corporate New Jersey Pass-Through Business Alternative Income Tax Calculation allows you to credit your PTE overpayment to the next tax year.New! Beginning in Lacerte 2022, these amounts will proforma to the next tax year eliminating the need to manually track and enter.Partnership:Amounts will transfer to Screen 42.081, Estimated Tax, in the field Overpayment applied from 20XX (code 20)S Corporate:Amounts will transfer to Screen 10, Estimates, within the section for 20XX New Jersey Pass-Through Entity Estimates (PTE-150), in the field for Overpayment applied from 20XX (code 831)Release:Lacerte 2022 - Version 44.0129 - January 30, 2024 

Latest Update: Release Version 44.0211Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature enhancements, or bug fixes)New for Tax Year 2022, Lacerte notification inbox. See this article for more information. Individual  S-CorporationNew Jersey Form CBT-100S, Schedule SJC Part I Signing Officer Name Only Displays Title (second item) Partnership Corporate  FiduciaryExempt Global  Benefit Please subscribe to this post for release updates by clicking on the gear icon, on the upper right hand of your screen.This page can be accessed from within Lacerte;From the Tools dropdown menu, select Lacerte Updates.Click on the link, Click here to view detailed information on all available Lacerte updates. Related Help Articles: How can I check which version of Lacerte I have installed?  Note: Windows Operator Updates will prompt a system reboot