ProConnect Tax

No text available

No text available

B I U

No text available

No text available

No text available

Lacerte and DMS (Document Management System)

My EFIN application was rejected by the IRS. Reasons are unknown as no official communication has been received yet.

I will be filing a 990 and 990-T for a client, and will need to file a state corporate tax return in MD for the income produced on the 990-T. I don't see where in the application I can add a state form that will pick up 990-T income.

I am using ProConnect Tax Online.

My husband and I moved from Massachusetts to Tennessee at different times. He moved 2/15/19 and took the entire household with him.  I continued to work and live in Mass in temporary housing until 8/31/19. For the MASS return what should we put as our part year: 1/1/19-2/15/19 or 1/1/19-8/31/19?  Does it matter?  We know how much income we made while living in each state.

No text available

I've never seen this one before - a client was sent a 1099-Misc with an amount in Box 7 for the value of a variety of free sample products they were sent in exchange for providing reviews for those products on Amazon. They were never paid any actual money for this work and were shocked to find that they're being treated as self-employed and taxed as such for receiving a handful of disposable health care products. It seems to me that the sender should have written off the distribution of the samples as a business expense but should not be sending a 1099-Misc to this person. Am I correct in my logic?

No text available

TP had ISO (disqualified disposition incentive stock option) in 2018 and received Forms W-2 from TP’s former employer and 1099-B from E-trade (Box A basis reported to IRS: Report on Form 8949, Part I with Box A checked, covered securities).  TP exercised the stock option and sold the shares on the same day in 2018.  Please assist in clarifying and confirming the following:How to determine whether Box 1 of Form W-2 already included the bargain element of the stock option (FMV on exercise date less the exercise price)?  Is it usual to have Form 1099B stating Box A basis is reported to the IRS even though the bargain element is included in Box 1 of Form W-2?   It is my understanding that the bargain element is only included in Box 1 Form W-2 when basis is not reported to the IRS (Form 1099B Box B checked non covered securities).   AMT Line 2i Form 6251: TP exercised and sold the share on the same day in 2018.  Therefore, no AMT adjustment

No text available

I am trying to compare last years tax return (not prepared by me on ProConnect) to this year's but I cannot figure out a way to add in the Foreign Tax credit to 2018s return. 

No text available

No text available

Client thought her business was setup as a C-Corp but is actually an S-Corp. I discovered this when she told me she wanted to close the business and I was trying to submit her final franchise tax report. She has not received a letter from the IRS.  

Just want to know when I can begin converting client info into proconnect

I want to paper file 2017 and 2018, but PTO doesn't let me turn off e-file option

I have a fiscal year business return due 11/15/2019 and I'm wondering if it can be e-filed since we're past 10/15/2019? In the past, 10/15 was always the final day for e-files to be submitted, but I don't know if that's currently the case or not.

No text available

No text available