I have a MFJ client with a rental property LLC (they are both 50/50 owners) in a non-community property state (OK). They file their 1040 in Texas. I understand ... read more
hello,in order to process 2023 form 1065, i am entering client info from 2022 tax return. on his return line 21 from p5 balance sheet is empty, but it is showin... read more
Hi there,While finalizing a couple of 1040 returns, I'm wondering how I know that all the estimated tax payments are scheduled properly via electronic payment i... read more
I use view douments when reviewing my input and use the tickmards to check off what is reviewed. the tickmark only lasts one click versus adobe where it stays a... read more
I have a client who has a passive oil partnership where the K1 shows ordinary income in box 1, IDC expenses in box 13j and depletion in box 20t. For the QBI inf... read more
I have an OH resident TP who works in IN. I prepared the IN IT-40RNR (reciprocity tax return) and selected the e-file option for IN in the federal info wks.Howe... read more
For CT nonresident state return do I have to use the federal basis for the new property located in CT for depreciation? The deferred gain was from the property ... read more
S Corp stared 2017. Never filed. Long Story. Cannabis.Expenses in 2018 and 2019. Large, 500K NOL is projectedA CPA colleague suggested filing an Initial and Fin... read more
I use hosted and it is frozen. The 2023 LC program is open but not functioning. Background: I tried to email the missing information report. I think that in the... read more
I pre-ordered a few months ago and am now transitioning away from doing as many tax returns as expected. I want to *reduce* the pre-ordered quantity for busines... read more