I filed a return with the option to direct debit estimated taxes. The filing date was 4/16, but the estimate date is 4/15. Does anybody know if the IRS and/or s... read more
Amending a client's 2021 tax return within the amendment deadline, but the e-file season was closed, and the submission failed. Then I found the 2 year e-file d... read more
I cannot get the 743(b) adjustment to show up properly on the 1065. The schedule L is including the assets K-1 does not have anything in Box 13. I cannot get Sc... read more
Does Los Angeles County Residents still have to file the Extension For 4868 even though they don't have to file the 2024 tax return until October 15, 2025 under... read more
I have a question regarding capital losses reported via K-1 from a passive investment.Last year's return includes passive losses from two separate investments (... read more
When i enter the sale of a home I'm not getting the $500,000 (MFJ) exclusion and it's showing a capital gains tax. here are the details:Home acquired: 1/6/16Hom... read more
I have applied overpayment of $900 CA tax to next year's tax of $800 so there is a refund of a $100 due. I've entered the bank information under "Direct Deposit... read more
I can't get the program from adding in former state in current year's Client Letter when I print. It does not show up when I go to "Check Return." Printed lette... read more
Taxpayer bought a truck for $80,000,got a $4,000 incentive credit and dealer redeemed EV credit of $7,500 . Is the basis for section 179, $80,000, $76,000 or $ ... read more
Client sold DC property in 2024. 2024 Rental income and Expenses flowing through. Capital Gain flowing through. Prior year passive losses are released on 1040 b... read more
