ProConnect Tax

How can I get rid of a critical diagnostic saying "Taxpayer's name is being truncated in the e-file"?

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ctacctgLevel 2

How do I file a return that is a parent whose child has power of attorney?

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Help5Level 2

Where does Accumulated Depreciation and Financial Gain/Loss information goes when an asset that was sold to one of the partners

Several business assets were sold during the year. A schedule attached to the partnership’s financial statements provides these details:  Asset Date Sold Sales Price CostAccumulated DepreciationFinancial Gain/(Loss)Land* 03/12/21$  47,424$  59,280$       -0-($11,856)Buildings* 03/12/2132,02635,5685,6322,090M&E (Acq. 2017)** 04/20/215,92835,56814,227(15,413)M&E (Acq. 2019)** 04/20/21    23,698    23,712    5,335      5,321  Totals $109,076$154,128$25,194$(19,858)       * The land and buildings were sold to Simon Jones for independently appraised fair market values. Both assets were acquired on 10/01/94.      ** All machinery and equipment disposed of during the year were sold to an unrelated third party.

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yadomovoj-gmail-Level 1

Intuit proconnect. How can I prepare form 8865 for 1040 filer? cant find input section

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macenterprisetaxservicesLevel 1

I need to delete users. How can I do that?

It allowed me to delete one person but no one else

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AnmarieALevel 5

K-1 Reporting of Principal Distributions on a Trust Return Form 1041

When an Irrevocable Complex Trust reports all the income to one beneficiary all the taxes on the income generated in a given year as outlined in the Trust and that beneficiary does not receive any distributions. The remaining distributions of "principal only" are made to the 5 beneficiaries (Children of the Decedent Trust) are such non-taxable distributions reportable on the K-1 in Box 14? The Trust has been distributing amounts annually to the beneficiaries of principal only and have never reported such distributions in the tax return. This is a new client that first filed a trust return in 2019 and is asking me to file returns for 2020 and 2021. When I spoke to the fiduciary company who manages the Trust assets they mentioned to me that annual distributions have been made the last 2 years of principal only. Could not find if such distributions are reportable information in the Trust return? These distributions are significant to the tune of $900K per year. Can you tell me w

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TreevesLevel 2

Critical Diagnostic - Depletion Overstated

Partnership #4: This partnership has entries for depletion and tax preference items related to oil and gas, but also has properties tied to it . The properties in the Oil and Gas screen already account for the depletion and the oil and gas preference items related to the Partnership. You should remove the depletion and tax preference inputs from the Partnership or the depletion expense may be overstated.When I click on the Input View Screen there is no amount on (20T) Cost Depletion.

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ForensicCPALevel 2

I have completed all fields to attach Form 7203 and filename is correct. I still get a critical diagnostic. Attach PDF filename is correct.

I have tried everything including replacing the PDF with another. Data entry goes fine but I still get a critical diagnostic. Do I have to paper-file?

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mar3eeLevel 2

I have multiple W-2s with social security withholding. Only one of them is reflected on line 11 of Sch 3. Why is this happening? I see both amounts when I preview forms.

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pfdcpaLevel 3

I filed an extension prior to 4/15/22 and the return indicates it was accepted. Now while working on the return I get a extension critical diagnostic. How do I clear it

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RoxLevel 4

Why does my state tax payment voucher amount NOT match the taxes due per the return?

Filing individual tax return with one state - Ohio. Ohio tax return shows taxes due of 5000+, and the payment voucher shows the amount due is $1.00. I went to the General Misc screen and under Ohio I overrode the bank field to the 5000+ amount. State payment voucher still shows $1.00. Tried including next year estimates and excluding them. Spent 2 1/2 hours in chat support this morning with 2 different techs, but of whom left the conversation. First one said he was having computer troubles. Second one went off on a tangent about next year's estimates, and when I asked her just to tell me how and where to input to resolve this issue, she left the conversation. Sent the client file up to both techs, shared screens with one, kept my composure until my final "send", and I have come away in a simmer and without resolution. I was forced to prepare a payment voucher by hand to give my client! It seems to me that there should be a straight line from the taxes due on the return to the amount to

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skyworksLevel 5

Signature on Amended 1040 X- paper file

Hi,I was wondering if the signatures can be scaned or copied when paper file?I thought we have done that before.Since my clients husbank and wife are not in local, can I have them sign and scan to me. Thanks!

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olga-santoro-wesLevel 3

Can the founder of a charity claim unreimbursed expenses for his/her charity on schedule A as a deduction?

The taxpayer paid expenses for her charity and wants to claim them as a deduction. These expenses are not in their 990 return.

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donner16Level 1

How to suppress next year depreciation reports

the tax return prints current year, current year AMT, State and State AMT and then "Next year " federal and state depreciation.  I know there is a box to mark to suppress the printing/calculating, but I cannot find it...

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skyworksLevel 5

Can Mortgage interest deducted on Investmetn Property when it is sold

Hi,Can I deduct mortgage intereste paid for an investment (apartment, Purchase 2019, sold in 2021)?The apartmetn was not rented and it was not reported as rental on Sch E.It was not used as principal home or VAC home.  Thanks! 

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anabanLevel 3

In between status – how to file state return

I sent a paper S Corp return with late election 2 months ago. I know it’s going to be ages (hopefully just months) until I hear form IRS. (C Corp electing S Corp)Now I need to file a late CA return. What is the best option:File a C Copr return, amend when I receive S Corp approval form IRS (probably the legit way, but darn long and complicated)Mail a S Corp return, hoping that by the time they get to it I will be a legit S Copr with IRSWait (and pay penalties for late filing) for IRS approval and send a S Corp return after IRS approves the statusI know you are going to make me feel bad for asking such a dumb question (always happens), so hit me with your contempt but please answer the question 😊

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bakerwillb-gmailLevel 1

How do I generate payment vouchers for a state that was not included in the tax failings (new, moved headquarters in 2022 so no 2021 form required)

2021 required 1120S, NY state and NYC filings, however client relocated in 2022 to NJ and I cant figure out how to generate vouchers for a state that wasn't filed in the current year.

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Koki20Level 1

EIN Rejection

I have tried this E file numerous time, it kept rejecting, because of EIN number does not match IRS database what's the best way to solve this.

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krista-harris201Level 1

I have a client who lives in TX, but earned gambling winnings in OK. The OK state return non-resident, it's not populating the OK Source of Income on pg 1 of the 511-NR.

OK said the return wasn't filled out correctly, but I only see one place in Proconnect to indicate she's a non-resident.  They are taxing all of her income not just the gambling winnings.

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Sandy_RichardsonLevel 3

Two people owned homes and sold them, then married in same year. All rules for exclusion are satisfied on both homes. Should they file MFJ or MFS?

They each lived in their homes for more than 5 years. After selling they married, moved out of state and he bought another home they live in now.

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jaynahooeyLevel 1

I HAVE AN 1120, BUT I NEED AN 1120-S FORM TO PREPARE AN EXISITING S CORP? HOW CAN I CHANGE THAT?

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chrissytaxcat-gmLevel 2

Where do you enter Vehicle License Fees for Schedule A line 5c?

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nacbarbourLevel 2

My trust return is not showing tax due yet the trust has TI, why?

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m-encines-sandieLevel 1

HOW DO I CREAT FROM 7203 IF ITS NOT GENERATION WITH THE K-1?

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mistybowman7Level 1

How do I unmark the Amended Return box on my Form 1065? I'm trying to file the return after extension, not amend a previously filed return.

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