Intuit Professional Education

After reviewing this course, you should be able to enter basic and semi-complex tax returns using the Lacerte Individual Tax Program. You should be able to use the program properly from the beginning by using effective navigation, and be able to use some of the tax data entry and tips that you learned.

Who Should Attend?

First-year users of Lacerte or users who need to re-learn the basic functionality of the Lacerte program.

We also recommend the Program Administration Essentials webinar as an additional course for first-time users who are tasked with setting up and administering the program.

What You Will Learn

• Critical User Options and how they affect program operation and your finished tax returns
• Navigation alternatives
• Critical steps in preparing 1040 returns using Lacerte, we'll enter one simple return and one more complex return
• Program assumptions and other subtleties
• Where to go for help in specific areas and the benefits (and functionality) of the various help items in the program

Detailed Course Outline

• General Program Overview
• Remote Entry Processing
• Adding Clients and Entering Detail
• Navigation Basics
• Basic Data Entry -Tax Return Scenario 1
  • Client Info (Screen 1)
  • Dependents (Screen 2)
  • Misc. Info (Screen 3)
  • Wages, Salaries, Tips (Screen 10)
  • Interest Income (Screen 11)
  • Dividend Income (Screen 12)
  • Business Income (Schedule C) (Screen 16)
  • Adjustments to Income (Screen 24)
  • Itemized Deductions (Screen 25)
• Reviewing Returns
  • Forms Tab Overview
  • Viewing Returns
  • Worksheet Links
  • Jump to Input
• Diagnostics Tab
  • Critical Warnings
  • Informational Diagnostics
  • Overrides
• Printing Returns
  • Batch Printing
  • PDF files
• Adding Clients and Entering Detail - Tax Return Scenario 2
  • Depreciation (Screen 22)
  • Vehicle Expenses (Screen 30)
  • Dispositions (Screen 17)
  • Rental & Royalty Income (Schedule E) (Screen 18)
  • Pass-through K-1s (Screen 20)
  • Non-cash Contributions (8283) (Screen 26)
  • Estimates (Screens 6 & 7)
  • Penalties & Interest (2210) (Screen 8)
• Reviewing Returns

Course Level: Basic
Class Length: Approximately 2 hours

Note: Make sure you click here to download the course materials before continuing.