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I have a non-resident client who will file a Form 1040 NR. The client received income from Social Security benefits and has a SSA-1042S form, which shows the payments from direct deposits and the amount withheld for taxes, as well as a 1099-INT form (interest earned in a bank account). I need help with the tax filing in the Intuit Pro Connect system. I am including both forms through Miscellaneous Forms > Nonresident Alien > Schedule NEC - Tax on Income Not Effectively Connected with a U.S. Trade or Business.My main question is where I should enter the income from the SSA-1042S form, since the system has two options: "Pensions & annuities" and "Social security benefits." For the latter, the system allows a maximum calculation of 85%, but I get an error in the calculation.

How do I transfer and existing co chart of accounts to a new co?

Hooty HooIn ITA I have selected the S Corp compensation strategy and ITA lowered the 2025 compensation from 2024 by 30K.  It didn't disclose the methodology for the new salary.  I'd like to know more about its choice of salary.

Is there a way to make a transmittal file to e-file one 1099-NEC that was left off of original filing?

Does anyone have it set up in batch payroll to accrue the PTO that is required by Illinois in that you have to give 1 hour off for every 40 hours worked?  I cannot figure how to set up the accrual rate that shows any way to accrue this way.  It shows by the number of weeks worked but I need it for hours as above.  There has to be a way and maybe I am making it too difficult.  

Microsoft has recently announced Windows 10 will reach end of support on October 14, 2025. The current version, 22H2, will be the final version of Windows 10, and all editions will remain in support with monthly security update releases through that date. Existing product releases will continue to receive updates beyond that date based on their specific lifecycles. For more information on Microsoft Windows 10 Deprecation, see details: https://learn.microsoft.com/en-us/lifecycle/products/windows-10-home-and-pro The deprecation of Windows 10 means Microsoft will stop providing software updates, technical assistance, as well as security patches. Due to these changes, system upgrades to Windows 11 are advised to ensure a more secure experience. Please consider reviewing these details as the system hardware may also be impacted and require attention. EasyACCT System Requirements: https://accountants.intuit.com/full-service-write-up-for-accountants/system-requirements/  The Sy

I am hung up on getting past the user (admin) setup screen. I am a one person entity.

Hello:I am getting an unable to calculate on my potential tax savings in the tax plan, what do I need to do to properly to have the tax savings calculate?    

We closed our company and began entering data for the new year (2025). An entry was keyed with an incorrect date of the prior year (2024). That caused the GL to be out of balance the sum of that incorrect entry. I cannot obtain the incorrect entry to remove it.Interestingly enough, I can run a detail GL for a beginning date of 12/01/24 and ending date of 01/31/25 and actually see the incorrect entries.

I have a client who has been operating a landscaping business for well over 10 years. His wife came to me and begged me to take over and help him get square with the IRS/bookkeeping. I spoke with the women who does his invoicing(she does not touch his books), looked at his books and they are a mess. He apparently has had employees but has never submitted payroll, 1099's or any other accounting for how much, who or when they came and went. This is nothing to say how aweful his books are. I feel like I might be able to stitch together his books for the last two years with reasonable accuracy but I am not a forensic accountant nor a tax lawyer so the deeper I look the more I worry that if I do attempt to file a tax return, I will be opening a pandoras box. I have no doubt that he has tax debt in the 5-6 figures and if I file a return, I may not be able to stop the freight train coming his way. I am happy to help but I have a feeling that at this point, it might be too far g

I can't open a company with the "Enter" key.  I have to double click to open.  When using the "enter" key, I get a message and then the company will not open so I have to double click to open.  When I leave that directory and go to another and come back, a new company ID has been created.  Just the ID and nothing else.  I delete it and move on.

Is anyone getting a "runtime error 0" when running Income Statements, Balance Sheets or Cash flow reports. I get a "runtime error 0" when I attempt to run only these reports.

Clients often inquire about the service fees for these forms. What is the typical fee charged by a small CPA firm for preparing Form 3115 (Application for Change in Accounting Method) Form 8824 (Like-Kind Exchanges)? 

First time with this...tipped employee did not have enough in base wages to pay part of the FICA tax on tips.  How do I set this up in EasyAcct to attempt collection from future wages?

 form  982 part II line 6 Applied to reduce any net operating loss that occurred in the tax year of the discharge or carried over to the tax year of the discharge . . .982 it doesn't transfer the  NOL to   the 1120s  

In reading the IRS instructions for the extension to file, Form 4868, I cannot discern some facts about the costs of not paying the full tax owed with that form, by the April 15th deadline. With regards to interest on the unpaid balance, it does not specify the interest rate. Is that rate known or predictable?For the penalty on the unpaid balance, it says you will be charged 1/2 of 1% for each month or part of a month that the tax is unpaid by the regular April 15th due date. Then it says: "The maximum penalty is 25%." What do they mean by the maximum penalty is 25%? Is that the maximum monthly penalty rate, or the maximum total penalty owed? (Thus, if it was the latter, and you owed $100, the penalty would not exceed $25, regardless of the number of months.)It is clear that the interest cost continues till the balance is paid.Thank you very much!

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I am trying to produce my 1st quarter 2025 941 report.  I enter all the data, and when the report comes up, has no data and shows the year 2015.  Hope there is an update soon to correct this. Currently no updates available.

If the Client takes the student loan interest deduction on the federal return, I see pro-series add it automatically on the Maryland State return under the additions section line 5 as Code A.In other words, if feral deduction is taken, states cant follow and it is added back to additions. Is this correct?

Does anyone know if I should click the "non resident" box in the NYS tax returns for Long Island residents? 

My client has an joint LLC that operates as the management company for 2 subsidiary LLCs on his name.  He is required to file a 1065 form since its a 2 member LLC.  Does anyone know if there are any special requirements when filing a tax for a management company?

Hi Follower tax preparers,I have received a Maryland Trust from a new client. The Trust has only one item in the Trust. A NJ vacation rental property. But the previous tax preparer did not file a NJ state tax return for the beneficiaries to pay NJ taxes for the net rental income. Yes income. Her response was the Trust was created in Maryland therefore a Maryland K-1 is generated. This does not make sense to me. How does NJ get its share of the taxes.  Am I wrong here? Should the k-1 be a NJ k-1? not a Maryland k-1?

Have a client that Lived in DC in 2024 from 1/1/24 to 4/19/24 then moved to CA for the rest of 2024 and domiciled there.  He and wife had 2024 total income of ~250K.  In  addition, Wife had unemployment benefits from DC but not paid until after they moved to CA..  Does ALL the income get taxed by CA [except the unemployment income] and a credit to the CA return from the DC withholding apply here?  

I have recently this year started getting a message when I go into add data that says "index file corrupted: Please run data file index/repair"When I run data file index/repair, it wipes everything out. Even when I restore from a backup file, it does the same thing.  I am beyond frustrated that this just started this year with this new intuit sign in which I don't know if they are even related. 

DC resident but wages and withholdings are all VA