Discussion:Lacerte and Personal Property Tax

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Discussion Forum Index --> Tax Questions --> Lacerte and Personal Property Tax


Skq9545 (talk|edits) said:

5 February 2007
Help - I am having a rough day. Where do I enter personal property tax paid on vehicles in Lacerte. I thought it was on the Itemized Deductions section, but the return is not picking it up. Today is not my day.

CATAXES (talk|edits) said:

5 February 2007
Screen 25 - just below Real Estate taxes

Michaelstar (talk|edits) said:

5 February 2007
The line is titled "Personal property taxes (including value based automobile fees)"

Skq9545 (talk|edits) said:

5 February 2007
I put the number in Screen 25 and it would not pick it up. I finally had to go to screen 30.

Michaelstar (talk|edits) said:

6 February 2007
Based on your question, you really need to utilize Screen 25 where we have pointed you. I just picked a random client and put in a figure and it flowed through the return correctly. Have you the latest update - although I doubt that would matter.

Skq9545 (talk|edits) said:

6 February 2007
I am pretty sure I had the last update, but like I say, it would not put the personal property tax on the Schedule A. I will try it on my own return and see if the same thing happens.

CATAXES (talk|edits) said:

6 February 2007
Screen 30 is correct if the vehicle has business use, but Screen 25 is normal method for showing personal property taxes on Schedule A. I can think of no reason why an entry on line 25 would not flow to Schedule A. If standard deduction is higher than itemized deductions you might need to check the forms menu on the left side of the screen. Click on Sch A to see the itemized deductions as there will be no Schedule A in the forms at the bottom of your screen

Skq9545 (talk|edits) said:

6 February 2007
I went in and tried this on my own return and it still would not pick up the vehicle personal property tax from Screen 25. Maybe it is time to call Lacerte. The itemized deductions were higher than the standard. Maybe there is something marked somewhere that I need to unmark.

Michaelstar (talk|edits) said:

6 February 2007
Let us know what you find out - that's weird. It is working on all of my 1040's

Skq9545 (talk|edits) said:

6 February 2007
I don't know what was going on, but today after lunch, I went in and entered the amount in the personal property tax section and it picked it up on the Schedule A. I may try another one to see if this was just a fluke in my system.

Michaelstar (talk|edits) said:

7 February 2007
What counts is that it is now working for you. I hope we helped. Have a good one!

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