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.
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
