Has anyone had problems with Tax Advisor not factoring in capital gains rate in estimating tax, thus subjecting return into AMT? My projection has a $21,000 AMT... read more
Client estimates CY 2025 TI of $521,00, of which $351,00 is LTCG ( $68,000 unrecaptured ). I inputted data into Tax Advisor correctly ( I believe ) and it came ... read more
How are one-person solo 401(k) plan employee and employer contributions reported on the tax return of a sole proprietor in ProConnect Tax? Where in Input Return... read more
I filed a 1120s return for a business located in Massachusetts. I have locked everywhere in ProConnect tax, and it wasn't an option to file a state return when ... read more
Does anyone know how to print the state letter only?For example, the AZ amended return can’t be e-filed. So, I need to send the paper copy to the client. The le... read more
I have a cureent year passiv loss on a publicly traded partnerhsip K-1. The clinet completely disposed of this interest in 2024. However, ProConnect is suspendi... read more
Why does the customer support leave a lot to be desired? I just waited over an hour after I was told it would be 2 minutes. Final gave up and called a friend.
Where in the software do I ensure that the Net Investment Tax is calculating properly for a 1041 complex trust?All income is distributed to the beneficiary, and... read more
1 - I have foreign earned income 189750 in 20242 - I paid foreign tax 379503 - My foreign earned income exclusion is 1265004 - My inclusion amount is 189750 - 1... read more
I am trying to get the trustee information entered correctly. The trustee is an individual, yet the above error is generating. Not sure how to clear / rectify i... read more
I am attempting to get the actual distributions to the beneficiary entered, and I believe the best way to do so is to override. The override does indeed work to... read more
A complex trust has a foreign tax credit of $190 from a 1099, and I want to ensure it is entered properly to pass through to the beneficiary. What is the proces... read more
