Karen Henell
Level 1

Seriously. "fudging" numbers?   There are numerous occassions when the numbers reflected on a 1099K  are adjusted and this cannot be accomplished when ProSeries has the IRS approved adjustment line inoperable.  Case in point AirBNB 1099K for a 14 day rental.  It is not taxable., but the 1099K must be reported and then an adjustment made.  Schedule E can't be used because it is less than 15 days.  Another case in point making adjustments for foreign treaties.  Venmo and paypal transactions that are actually reimbursements.  I could go on and on.  Other tax programs have Schedule 1 line 8 z for other income is operable.  Line 24z for "other adjustments" is inoperable on Pro Series.   FYI   IRS did a great job on Schedule 1 AND THEY PROVIDED LINE 24 Z FOR OTHER ADJUSTMENTS.   Pro Series has not made it operable on their program.

I am not referring to  bad 1099s,  I am referring to 1099s that have EXCEPTIONS!

Think and know what you are talking about before you accuse individuals of "fudging"  not very professional.

 

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