My client is a single individual, age 85. She gave $21,000 to her son in 2025. Her taxable estate will likely have a value of $1,000,000 to $3,000,000. She is r... read more
Taxpayer installed new electrical panel that is in excess of 200 watts and qualifies for credit up to $600. However, I can not see in the energy credit screen 3... read more
Hi, all,When printing a tax return, I am accustomed to seeing three boxes checked... preparer copy, client copy, and government copy. For 2025, only preparer re... read more
I am preparing Federal and MD state individual income tax returns for 2025 for a non resident of MD that sold real estate located in MD in year 2025.The MD prop... read more
My client is a trust holding a 1/3 interest in a Partnership (activity is rent of land used for hunting). The trust sold its interest on March 1, 2025. The CPA ... read more
In attempting to prepare a superseded tax return for a client, I am getting a diagnostic saying that the change to the deduction for seniors cannot be a negativ... read more
I have a client from CA who took out a $70k heloc and used it to pay her credit cards. Is the interest on the heloc tax deductible for CA since it was not used ... read more
Lacerte,Wake up! Locked returns convert to 1040-SR when locked. I have 1040-SR suppressed because quite honestly it's stupid the IRS even has SR returns.Please ... read more
We are required to deduct from QBI bycontributions to qualified retirement plan. Is this just for the shareholder? If so, is it only the company match portion o... read more
