Hello -I have a musician client who I need to amortize video and recording costs for.Under theSection 167(g)(7) safe harbor election - they can amortize 50% of ... 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
On 1041 Trust return I do not see the worksheets for Accounting income and DNI calculation worksheet. Is there a way to make it populate or am i missing somethi... read more
Client is a Maryland resident with VA non resident income. On the federal information page, I've entered Maryland as state of residence on 12/31/2024, selected ... read more
I have a client where both the husband and wife work from home in two separate office spaces. Are they both able to claim a home office deduction? No depreciati... read more
Ironwoman checked her e-mails before coming into the office this morning. This was a great start to a Monday! As a side note, since the return is made up of the... read more
Can someone please help. I migrated Fixed Asset to a new server and shared the folder. I was able to access fixed asset manager from the server but when I tried... read more
Do any of you have clients who are retired teachers.?My wife is a retired teacher, and boy did we ever get a very pleasant surprise from social security recentl... read more
Hello Community!The clients filed MFS last year. We do not have the wife's prior year state return or know prior year state tax liability.We are preparing their... read more
I would like to request a newsfeed/email for when you do software updates. Today I had a rejection because I filed a tax return that was rejected because the fo... read more
Hi, any help much appreciated,Client received a 1099-MISC from a lawyer as settlement for storm damage in Florida. Has $75k in Box 3 as other income. Assume we ... read more
