How can I e-file a KY individual tax return that also has a KY LLET credit from a passthrough K-1. First, the diagnostic says to allocate it between taxpayer an... read more
The instructions note entering income information in the "income and adjustments" sub section. Where is it?Also it notes under the "computing the credit" sub se... read more
I have a new client who’s previous accounting firm had allowed them a Shared Policy Allocation of 0% to Parents and 100% to the Nondependent Child:2022 details:... read more
I want to attach a statement to a 1041 return I want to file electronically. I can find no way to do this. Anyone know if this is possible in Proconnect?
I have a client with only foreign income that, for 2022 is below the Standard Deduction amount. I have completed Form 2555 (as I usually do) however ProConnect ... read more
I understand that by signing the 8879 and checking the right boxes, the taxpayer gives permission to the ERO to sign the 1040 on their behalf.BUT:How is it guar... read more
My client made a tax payment in July but didn't file until today 10/09/24. But ProConnect won't calculate a penalty because it shows the tax as paid even though... read more
Situation: I have a client that ran a trucking business for a number of years and in 2022 exited the business due to the economy. Once calculated, he has a $19k... read more
How do I get the passive loss limitation to work & to be reported on Form 8810 for a CHC with passive activity? And for a year in which there is income but the ... read more
I am creating a 2024 tax plan in Pro Connect tax planner, and the federal withholding is different than what was inputted in the wages screen. Off by a signific... read more
In Proconnect Tax, where can you enter the fair market value of a traditional IRA account so that this number flows to line 6 of Form 8606, Part I? Client made ... read more
