I've been doing this person's taxes for quite a few years. He has 2 children and is disabled with a code 3 on his NYS Retirement 1099R. Every year since it's a ... read more
Client has declined compliant health insurance from employer and purchased health insurance instead through the marketplace and received form 1095-A. Therefore ... read more
There is a problem with correct calculation on 2023 assets for vehicles. It is showing zero for 2024 depreciation, only ones with bonus depreciation like luxury... read more
Received 1099-C for student loans. Do those loans automatically qualify for the student loan forgiveness?I entered the 1099-C normally and as usual it is taxabl... read more
I have a client that has a Minnesota tax return and she has a 1099r and the program keeps wanting me to fill out info on the schedule M1QPEN. Is there a way to ... read more
I would like to file a gift tax return for my client giving his sister half the value of the house before selling it. On the gift tax return his share of the va... read more
Office of Personnel Management (OPM) officials met with agency leaders across government Thursday and directed them to begin firing employees still in their pro... read more
In the Forms view, the client letter states that the spouse's HSA deductible contribution is $1326. But then goes on to say that $1325 [not $1326!] must be depo... read more
It seems that CT pass-through entity returns will not be available until March 18th? The returns are due March 15th. Never mind then engagements piling up alrea... read more
I am getting an error in tax return check for Iowa state return 2024. The error states "Return has more than 1 copy of Form IA 4562A" "TurboTax does not support... read more
I am not an expert in estate returns. This one to me seems a tad tricky to me when it comes to the correct #'s to use because of multiple owners and dates.The s... read more
Client rolled over $7,000 to a Roth from his MD 529 Plan. There were earning and basis as part of the distribution. The earnings should not be taxed or subject ... read more
Please add a way to input UN Statement of Taxable Earnings into line 1 of 1040, I used to do that on Drake previously. And the wages automatically flow to 1040 ... read more