You are assuming these items are extended? I highly doubt...

UberSuave · ‎12-07-2019

When tax extenders are approved, will Proseries notify us which returns need to be reviewed or amended? I have a few clients that would qualify for PMI deduction but it is not calculating and instead providing a late legislation worksheet with the box checked. How should I set up the return to notify me of passed legislation?

Just-Lisa-Now- · ‎12-07-2019

There is a Late Legislation Worksheet that shows up in the list of forms (at the very bottom of the forms in use list in the left margin) in a clients file if you've entered items that may be extended.

I just put a sticky note in the client file for next year...if something happens to be extended, I'll amend then...like I did for the PMI in 2017.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

garman22 · ‎12-07-2019

You are assuming these items are extended? I highly doubt they will. But to answer your question, PS will not keep track. We will have to do so.

IRonMaN · ‎12-07-2019

I'm assuming they will in fact be extended. I am also assuming that I will win the lottery for half a billion dollars. Which do you think is more likely?

Slava Ukraini!

garman22 · ‎12-07-2019

Im going to shoot for a half billion!! Im coming up to live in MN if thats the case. I'll happily become a Viking fan!

IRonMaN · ‎12-07-2019

If that's the case, I'll spilt my winnings 50/50 with you.

Slava Ukraini!

garman22 · ‎12-07-2019

Wahoooooo!!!

Marc-TaxMan · ‎12-07-2019

Ironman will pay all the income taxes and then make a gift, and pay gift tax too??? Safe bet.

IRonMaN · ‎12-07-2019

Yes sir. I am willing to spread the wealth. Garman can reserve the moving van and start packing up tomorrow.

Slava Ukraini!

garman22 · ‎12-07-2019

Imma coming!!!