Box 1 cant be empty or you cant EFile, but if you put anything in Box 1, it adds to income. The waiver income in Box 12 Code II seems to do what its supposed to... read more
Client sold several batches of restricted stock units that were vested in prior years. On the broker's Supplemental Information page, most of the transactions l... read more
My client received $133K from DFAS retirement. Proseries is allowing the entire amount to be deducted on line 60 of the Subtraction page. (He is 65 yrs old.) Wh... read more
Form 172 became available on 03/20/2025. Prior to this I had an error the form is needed. The error is gone, but From 172 doesn't show in the list of active for... read more
the electronic filing of the Form 7004 extension (code 17) for 1120-H association tax returns appears to not be supported. Is anyone else experiencing this and ... read more
Every time I go to print a client return, the option showing is Client Copy. That has way too many pages.I always print the government copy for the client, with... read more
I have a client that received ERC for 2020 but never amended their 1120-S. They also have available 179 expense after adding back wages for the ERC. I think I c... read more
Excess Deductions on Termination - Non-Miscellaneous Itemized Deductions for interest portion. Prior to 2018 they were claimed by beneficiary as a "2% Miscella... read more
What special filing do I need to do in this situation? Does the client need to pay FICA at filing? Is there a form I need to fill out?F1 Visa in 2019F1 CPT in 2... read more
Hi there,New to me clients. Husband and wife who own 4 rental properties. In 2022, two LLC's were formed, two properties in each, with the assistance of an atto... read more
I have a new client, she withdrew $33,000 from her IRA, then put back $22,000 within 60 days so she should only be taxed $10,000 where can I put this informatio... read more
I have a client that inherited 37.5% ownership of a closely held S-Corp. There were 4 owners, and my client was a 22.5% owner until the inheritance. My client h... read more
On a schedule C, if a vehicle is fully depreciated, it is not listed on the depreciation schedule. The depreciation schedule provided by Pro Series is incomplet... read more
Just-Lisa-Now- Level 15 ProSeries Professionalposted Jan 30, 2025Last activity Mar 22, 2025 by Jim-from-Ohio
