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JeffinLB
Level 1
February 18, 2022
Question

PTE elective credit limited by CA tentative AMT

  • February 18, 2022
  • 1 reply
  • 2 views

Lacerte individual tax is still limiting the PTE elective credit to the CA tentative AMT as of today's update; 2-18-22.  Do we if or when this will be corrected to reflect SB 113 signed by the Governor on 2-9-22?

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    1 reply

    sjrcpa
    sjrcpa
    Level 15
    February 18, 2022

    No we don't but I would not expect anything to happen in 9 days.

    The more I know the more I don’t know.
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