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Level 3
September 6, 2023
Solved

Where to display Sec. 933 Modified Standard Deduction Text on the appropriate line 1040

  • September 6, 2023
  • 1 reply
  • 6 views

Is there a way to display text near the standard deduction line on the 1040 to indicate that the amount is reduced for PR excluded income as stated in Publication 570 (page 23) and Publication 1321 (page 3)

 

They want text stating: "STANDARD DEDUCTION MODIFIED DUE TO EXEMPT INCOME UNDER SECTION 933"

 

I don't see anywhere to allow this form of text on Lacerte?

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Best answer by sjrcpa

If you're paper filing, print to pdf and type it in.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
September 6, 2023

If you're paper filing, print to pdf and type it in.

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