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Level 2
July 1, 2020
Question

Why does $1600 instead of $800 appear on S Corporation minimum tax?

  • July 1, 2020
  • 2 replies
  • 26 views
This ia a Ca lifornia 100S
This topic has been closed for replies.

2 replies

abctax55
Level 15
July 1, 2020

$ 800 is the *minimum*.... the tax CAN be more, based on the income.

HumanKind... Be Both
wesley1Author
Level 2
July 2, 2020

This is a software problem. We have a negative and I need to know where in the soft ware to to find whatever I missed.

qbteachmt
Level 15
July 2, 2020

@wesley1 

We understand this part: "This is a software problem."

What we don't know is which software you are using. You started this in Two places, so are you using Lacerte or ProSeries?

Don't yell at us; we're volunteers
qbteachmt
Level 15
July 1, 2020

@wesley1You started this topic again, as a duplicate. You can continue the discussion here.

However, you put this in Lacerte and the duplicate is posted in ProSeries. Please help the volunteers help you by letting them know which program you are actually using. Thanks.

Don't yell at us; we're volunteers