I am trying to e-file form 1120-H, I checked the box on the info wks under federal filings 1120/1120-H to efile the form. After I checked the box, it populated ... read more
A taxpayer filed a joint return with his spouse, who along with their 10 year old son, became a U.S. resident in October 2024 and moved to U.S. to live with tax... read more
The taxpayer and spouse are the grantors and co-trustees of a Revocable Trust. The Trust wholly owns an LLC, which operates an Amazon FBA business. The taxpayer... read more
Good evening.How do I input a return for a military couple that has two different home of records? For example, my taxpayer has Nebraska as his home of record a... read more
When you enter Date of Contribution, Lacerte automatically enters year 2025 instead of 2024 on a 2024 tax software.2025 donations will not be deductible on a 20... read more
The following diagnostic is generating: CA SDI IS OVER $9,999 AND IS REQUIRING A PAPER FILED RETURN. I'M UNAWARE OF THIS REQUIREMENT AND GOOGLE HAS NOT HELPED. ... read more
It would be nice if you could choose the exact dollar amount of your refund you want to be applied to the next year and how much you want refunded. This should ... read more
Hello All. I am filing a final 1120-S return. Both 1120-S and Sch-K are marked final; form 966 is completed (and will be mailed). Balance Sheet is zero. However... read more
Hello Tax Community!1- Does a New owner of an existing LLC that was originally a Multi member LLC have to get a new EIN?2- Can they use the original LLC EIN eve... read more
If a SMLLC is a parent company to two other SMLLC companies, how would I go about filing a tax return without causing triple taxation. What forms do I file?
I own an FBA Amazon business that operates as a Single-Member LLC (SMLLC). This LLC is entirely owned by a revocable trust, where my spouse and I are the truste... read more
Under Tools -> Options -> General -> Field Background Color, there is an option to "Show Previous Tax Year Color", a great tool to remind the user that... read more
Anyone else is a Bind over the late release of the CT Business Pass Through Forms 1065 / 1120SI ?Seems like we paid for something that wasn't delivered on a tim... read more
Taxpayer and Spouse are both in mid-50s. Husband has lots of W2 income, spouse has no earned income. No retirement plans at work.Both contributed Max to their I... read more