Hello,I have a question about how to properly enter the state Form K-1, specifically Line 1 (Total Taxable Income Amount), in ProConnect.Here is some background... read more
The client had casualty losses on a rental property. Property was uninsured. When entering the casualty loss through the depreciation screen the loss properly f... read more
Dear Community.I am trying to set up my clients with a payment plan with the IRS.What is the best approach? I am using Proconnect Tax.1- File 2024 Tax Return an... read more
Hi professionals,I have a question about a client who lived in VA all year and received multiple K-1s including a MD 1065 K-1 with net MD income (federal net lo... read more
Hi,This is driving me crazy....the amended printed va 502 form requires "amended return" to be checked. Where is the option on the input screen in pro connect f... read more
I have a client who has recorded Rental Income and Expenses from property rented by a family member since 2019. In 2025 the taxpayer is allowing the family memb... read more
I’m entering a federally declared disaster loss (hurricane) for a client’s personal residence in ProConnect. The FMV before loss is $152,000, FMV after is $122,... read more
I had a reject on Form 990EZ for missing I believe hours for one of the officers. I added but when I try to resubmit it doesn't lock the return but just rejects... read more
California has been issuing penalty letters for late file and pay unless they can verify that a taxpayer is in the disaster area. Verification is accomodated by... read more
Question:I’m working with a potential client who is a scientific researcher at a federal institute. He received a Form 1042-S with federal income tax withholdin... read more
Hi.I'm a retired Wisconsin CPA. I sold my book of clients in January of 2020. I still do a couple of family members and I kept 1 client (married couple) that ar... read more
Hi everyone! I've been round and round my state association, friends who are tax preparers, my own research, and I am still uncertain. I admittedly should not h... read more
Cx delivered two 1065 K-1s to my office, both of which lost money. Two different EINs.He labeled them as "Self Directed IRAs". Box I1 indicates the entity is an... read more
