dascpa
Level 11
04-05-2024
12:07 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
1099-DIV whereby they give you % of US interest, or % of your state tax exempt but you have to do the math on 20 transactions.
Or K-1's with 199a activity for multiple properties, they list the UBIA, the income per activity - just add a column summing it all up.
So much wasted time due to software people not thinking it through.
Labels
dkh
Level 15
04-05-2024
12:35 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
@dascpa wrote:So much wasted time due to software people not thinking it through.
Or are they overthinking it. Software people need to consult with tax practitioners. Don't think that is happening.