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671

671

The following diagnostic is generating:

The taxpayer may benefit by electing the Optional Self-Employment Tax method. Refer to IRS Schedule SE instructions for information regarding benefits that can be derived.

Solution:

Review the SE Instructions and if wanting to choose the Optional Self-Employment Tax method refer to the Help Article below.

Help Article 

Informational, will not prevent e-file transmission.
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Comments

Does anyone know how to fix this in Lacerte

Maybe, if you tell us what it says.

you have to copy and paste the text of the diagnostic

@tcochranjtcllp 

Anonymous

671: The taxpayer may benefit by electing the Optional Self-Employment Tax method. Refer to IRS Schedule SE instructions for information regarding benefits that can be derived. See this link for more about diags. 671 is Informational

About ten years ago, I did this calculation a few times. It didn't benefit anybody. So I never did it again. Perhaps Intuit can design and offer an Optional SE Tax worksheet.