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Level 3
March 13, 2021
Question

Form 1120 Critical Diagnostic

  • March 13, 2021
  • 2 replies
  • 15 views

I have the following critical diagnostic in Lacerte and I can't get a resolution form Lacerte.

 

  IRS interest rate(s) needed for Form 2220. Enter interest rates in Options. [ref. # 25574]

 

The Lacerte program confirms that the interest rates in Options are up to date. 

 

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2 replies

George4Tacks
Level 15
March 13, 2021

Which year are you filing?

Answers are easy. Questions are hard!
joerodAuthor
Level 3
March 13, 2021

2020

George4Tacks
Level 15
March 14, 2021

Did you make any entries in Screen 4.1 or  4.2 or 5.2 or 11 that might make the program think it is after 3/15? Maybe use Ctrl + W to look at the data for those first few screens. 

You could simply input an interest rate for the next quarter and see if that solves the issue.

Try the new Lacerte Tool Hub https://proconnect.intuit.com/community/help-articles/help/fix-common-problems-and-errors-with-the-lacerte-tools-hub/00/71892?src=lctoolhub51420 The FORCE websetup might kick the program loose.

 

Answers are easy. Questions are hard!
George4Tacks
Level 15
March 14, 2021

Lacerte needs to hire @qbteachmt and fire the ones that don't know the search function. 

Answers are easy. Questions are hard!