Please help, I am trying to understand why this income I am putting on a 1041 seems to be ...being taxed twice.. once by the estate and again by the k1 receiver... read more
I have a client who has recorded Rental Income and Expenses from property rented by a family member since 2019. In 2025 the taxpayer is allowing the family memb... read more
I had successfully e-filed a 2023 Form 1040 last year (confirmed in the EF Center view). Yet when I try to e-file a 1040-X I get the error "Cannot electronicall... read more
> 2% officer of an S-Corporation had health insurance premiums reported in Box 14 of their W-2.I wanted to confirm the correct way to enter in ProSeriesI cli... read more
Good afternoon. I have an 1120S single shareholder business.The notes the business had were taken over by another business. I have sold those assets for the amo... read more
I have a 1031 exchange on land a client sold property for 20,000 more than the property received.Since it is not equal or greater they should have to pay on the... read more
Hi,This is driving me crazy....the amended printed va 502 form requires "amended return" to be checked. Where is the option on the input screen in pro connect f... read more
I am creating a 2024 tax plan in Pro Connect tax planner, and the federal withholding is different than what was inputted in the wages screen. Off by a signific... read more
I am a solo practitioner and this is my first time ever dealing with this situation. One member of a 50-50 partnership died July 2024. His wife inherited his pa... read more
