I’m looking for practical advice from anyone who has handled K-1s that report rental real estate income or loss in Box 2 when the partnership owns multiple type... read more
I’m working on a 2024 Form 990-PF return in ProConnect Tax and I’m encountering a persistent issue. I cannot change the answer to the question in Part VI-A, Lin... read more
Please make part 2 of forms 2848 and 8821 auto populate when we select the preparer. I fill out dozens of these a year and having to manually enter each bit of ... read more
ProConnect miscalculates a partner's basis when an ordinary loss and nondeductible expenses exceed the partner's adjusted basis. See a correct worksheet and cal... read more
I have recently prepared two tax scinerois in witch the txpayer is in the 24% bracket by $3,900 to $13,000. In both the tax planner has said they are in the 22%... read more