Capital gain distributions on Form 1099-DIV are incorrectly identified on Form 1116 as foreign sourced. Any thoughts on why this is happening? Thank you.
Has anyone else had this?Schedule D, with a ST transaction that has an accrued market discount, the system is putting the correct number on column h line 1b, bu... read more
Friends:Client has $20,037 in ordinary dividends, about $13,000 in qualified dividends, and $23 in capital gain distributions. Her foreign-source dividends are ... read more
I have followed all the instructions on the relevant page:https://accountants.intuit.com/support/en-us/help-article/nonprofit-corporation/resolve-proconnect-dia... read more
Hi, all,California TPs filed MFJ in 2023 and divorced in 2024.TPs will split 2024 pre-divorce income and deductions equally and report their own post-divorce in... read more