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.
They say that you can itemize deduct with it if over $3000 or recompute tax and claim an over payment of tax. Not sure how to put this on the tax return.
I have a situation where a Real Estate Partnership has NO Business Activity in NJ State - However the 3 Members are NJ State Residents - I understand that there... read more
I just added a new partnership and entered the EIN and Lacerte overrode what I entered and auto-filled it with a random EIN from a drop down list. Why in the wo... read more
Friends, Romans, Countrymen (and women)I have a first year client who is a flight attendant. I'm unsure what to do with Box 14. The W-2 shows the following:Othe... read more
Lacerte does not correctly calculate State adjustment on US bond interest. When a single payer has bank interest, US bond interest AND accrued interest paid on ... read more
I have an S corp that was dissolved in 2024. The client and wife each have a loan balance on form 7203 Part II. How do I write this off on their individual retu... read more
