Client did a $6,500 in 2023 and $7,000 in 2024 traditional IRA contribution (8606 was done in 2023 and 2024). Did the conversion of $13,535 ($35 in interest) in... read more
On New York IT -204 Line 105 the total amount from federal Form 1065, Schedule K, lines 20a through 20c should be reported. The Lacerte is not transferring info... read more
I am preparing a fiduciary return that has three OR beneficiaries and one CA beneficiary.Three calls and three hours later with technical support and I am still... read more
I have a fiscal year 1041 for the FYE 6/30/24 that has anticipated income for FYE 6/30/25 that has taxable income of excess of 100K and some net investment inco... read more
Hi,I have entered foreign tax paid by trust (f 1041) on passive income in screen 36 (K-1) so that it would appear on K-1 and it does. It appears on K-1 box 14, ... read more
Is there a way to overide the DNI income pass thru requirement to beneficiaries of capital gain gains in a final complex trust? Beneficiaries did not wait to fi... read more
I have a client that was proforma'd from 2023 to 2024, however, when the individual proforma'd it, no client information came across. When anyone opens the modu... read more
FTB Form 3893 (PMT) (2024 Balance Due) NOTE - while the coupon at the bottom notes Payment 2, the instructions at the top of the page reference Payment 1 with a... read more
I set up electronic payments for my S-Corp client, but come to find out while finishing up their 2024 return that Q4 payment was never made. I don't know why.
