Facts: Son, mother and father are all owners in a home. The son lives in the home, but the parents do not. The son wants to sell the home.Question: If the paren... read more
Taxpayer is a FL residentHas a NJ summer home (owned jointly with a "spiritual husband" / friend / dependent)Purchased jointly $200,000 in 2017Sold $460,000 in ... read more
Qualified nonrecourse debt shown on a K-1 gives the partner at-risk basis, even though the partner is not personally liable for this debt. Because this debt giv... read more
I have entered the estimated payments and the extension payments but they are not showing in the return. Can someone help me. tI am working on a form 1120. Than... read more
When printing multiple states for a client it would be extremely helpful for the state returns to print in alphabetical order. This will make it much easier for... read more
The following diagnostic is generating: Elected Section 179 expense has exceeded the dollar limitation. The excess amount is not deductible and will not be carr... read more
If the shareholder and officer of an S corporation are the same person, why do I have to type all of the information twice? Make a check box or drop-down menu o... read more
