Hello!I am working on a multistate s-corp return (tax year 2024) where they receive a K-1 from a partnership. For various states, the partnership withholds taxe... read more
Hi,When I import a K1 from an SCorp into my client's individual return, the health insurance amount isn't showing on line 45 on form 7203 like it used to. I ent... read more
Trustee wants to distribute a residential rental from a trust to a beneficiary. This beneficiary is am adult man who is competent but irresponsible, apathetic, ... read more
We are an outsourced accounting/tax services firm working with one of your licensed Lacerte clients. We are reaching out to seek general guidance on a technical... read more
Form 706 — 2024 software, 2025 death. Line 9a shows a basic exclusion amount of $13,610,000, which is the 2024 amount. Date of death is entered as Jan 2025, but... read more
Hi,When I import a K1 from an SCorp into my client's individual return, the health insurance amount isn't showing on line 45 on form 7203. I entered in the amou... read more
My client, who is a CA resident and has a business structured as an "S" Corp received a K1 that is showing income allocated to multiple States. However, the Lac... read more
I have a client who invested a total of $250,000 in an opportunity zone in 2021. $133,853 was deferred capital gain, the rest was additional cash. In 2024, the ... read more
I have a client that is a CA resident but owns a SMLLC that only holds rental property outside of CA (so all gross receipts are non CA source). All of the incom... read more
