I have a client with a capital loss carryover showing $4,668 regular long term and $2,453 AMT long term in the disposition screen. Form 6251 line 2k is populate... read more
TP has $1,000 of earned income (wages) and is not required to file a tax return. (Also, no income tax withholding to recover.) TP wants to contribute to a Roth.... read more
I filed a Maryland S Corp return which shows a refund for the client. However, the efile acceptance letter shows a zero refund. Any idea why this would occur? T... read more
Has anyone heard from Lacerte when they will be updating Idaho to have the new Idaho Worksheet 1-A and having all the new schedule 1-A deductions flowing to the... read more
I'm hearing conflicting information on the e-file of Form 4547 to open Trump Accounts. Specifically signatures. One thing I'm hearing is that the main 8879 form... read more
I have a client that sold their 1031 replacement property and there is about $100k in deferred gains from that sale that occurred nearly 20 years ago. In Lacert... read more
When entering Special Allocations in the partnership module and then clicking away, the program exits. This is after the update on 3/5/26 and its happening on a... read more
Husband has family plan wife has single only plan so they over contributed $4275.00 They want to keep it in there and not withdraw. the program is calculating t... read more
I have to send in a 1098C with a 8453 for a vehicle contribution, I can not do a pdf of the form. I can't get it to generate a 8453 to mail the form in
Missouri has a new provision where they do not tax capital gains. Good for them.Say you have a nonresident taxpayer who works in MO. They have $100K of income f... read more
I have a client with a dependent son who lived with them in the U.S. all year. I can get boxes 5a and 5b to show a check mark. They also have a dependent parent... read more
CA taxpayer has rental property in Vegas. Just wondering, in Sch E entries, should I assign to "California" or to "federal"?Although it looks no difference in o... read more
