Hi, An s-corp paid in 2024 PTE in 4 quarterly payments but ended up with a net loss for the year. IL website says that the s-corp is not allowed to pass those P... read more
The new roles have made it where Users have to have an Admin Privilege to use Link. Link should be available for preparers at all levels of the firm.In order to... read more
a) Both Spouses have 'family coverage' for different months throughout the year. Neither of them has coverage in the same month, or for December. The first is c... read more
client Intuit Link with requested forms information needed and their link is just showing to send ingo via QuickBooks. How do they just send the forms requested... read more
I purchased two AC units in 2024. How do I input that info to receive two $600 credits? IRS website for Energy Efficient Home Improvements indicate that it shou... read more
If a taxpayer builds a home as a side business, how is that entered into ProConnect?Taxpayer has a W-2 job unrelated to construction. A majority of their income... read more
For tangible property there's the de minimis election to expense instead of capitalize. Is there anything available for intangible property, such as off-the-she... read more
All of my clients, before now, have had a few stock sales which I inputted into Schedule D / Form 8949. This client has 3 brokerage statements, each with many s... read more
Federal Form 8879-CORP is final, but the instructions are still in draft. If you file the return, there is the potential that calculations could change, and tha... read more
I have a rejected return - social security number or birth year.Help says to "Review the 'Description' field. There will be a number in brackets that indicates ... read more
I was wrapping up the Form 1065, but one thing is bothering me. In the K-1, the partner's ownership percentage supposed to show the format of xx.xxxxxx in a for... read more