I have a client with only foreign income that, for 2022 is below the Standard Deduction amount. I have completed Form 2555 (as I usually do) however ProConnect ... read more
I understand that by signing the 8879 and checking the right boxes, the taxpayer gives permission to the ERO to sign the 1040 on their behalf.BUT:How is it guar... read more
My client made a tax payment in July but didn't file until today 10/09/24. But ProConnect won't calculate a penalty because it shows the tax as paid even though... read more
Situation: I have a client that ran a trucking business for a number of years and in 2022 exited the business due to the economy. Once calculated, he has a $19k... read more
How do I get the passive loss limitation to work & to be reported on Form 8810 for a CHC with passive activity? And for a year in which there is income but the ... read more
I am creating a 2024 tax plan in Pro Connect tax planner, and the federal withholding is different than what was inputted in the wages screen. Off by a signific... read more
In Proconnect Tax, where can you enter the fair market value of a traditional IRA account so that this number flows to line 6 of Form 8606, Part I? Client made ... read more
I have recently gotten ProConnect, I am trying to review a simple sample return, (that the software created), the return states there are errors that affect the... read more
I have tried several times to file this 1040 and it's state returns but all the fed and state returns keep getting rejected... anyone have any ideas? There are ... read more
I pre-ordered a few months ago and am now transitioning away from doing as many tax returns as expected. I want to *reduce* the pre-ordered quantity for busines... read more
