There is a line item on the Oregon Form OR-21 for an addition for the tax deducted for PTE at the federal level. There is no corresponding subtraction line for ... read more
1. Client's mother gifted a house to her and her brother in 2024. 2. Then, she formed a partnership with the brother (an LLC.) 3. The costs to operate the house... read more
We are e-filing a 2024 fiduciary tax return and would like to also file the final 2025 short year fiduciary tax return as well right now. I read that only one e... read more
This is the initial year of a decedent's trust with 5 beneficiaries sharing equally. The decdent has had land rent for years, no expenses other than property ta... read more
There seems to be some confusion on if FAMLI payments are taxable for federal. I did see an article for guidance for 2025 which seems to suggest that if the pay... read more
Virginia taxpayers paid into their childs 529 plan where does it go on the input? They also overpaid the $4,000 limit will Lacerte pickup the carryforward to 20... read more
