Hi Community,Have the 1099R for Back Door Roth (Conversions to Roth) changed?This 1099RBox 1 has DistributionBox 2a has a TAXABLE AMOUNT equity to Box 1Box 2b s... read more
Hi all, I'm new to ProConnect (previously used Thomson Reuters Ultra Tax). On that software we entered a basis for every type of retirement account I can think ... read more
I was flabbergasted to find out today that Intuit ProConnect software does not transfer data from completed returns to a new amended return. You have to start t... read more
Anyone know how to actually report this?In:https://www.irs.gov/pub/irs-drop/n-05-08.pdfI am seeing these do not count as deductible expenses of the partnership ... read more
I had a filing rejected for a client with a message that Form 8962 must be included. Client is a 24 year old, single, non-dependent friend of the family who ini... read more
Hi-I have a client; non-resident of ND and has a K1 with loss from ND. The amount is not flowing down to the ND return and not sure why. I have another client w... read more
I have a tax client that is a full-time medical school student. His family lives off student loans. His wife does not work and stays home with their 2 young chi... read more
Capital Gains Tax Computation: $808 of the taxable qualified dividends or capital gain on this return is subject to the 0% capital gains tax rate. This amount i... read more
I am expensing a roof repair under the Small Taxpayer Safe Harbor election. (Section 1.263(a)-3(h) Safe Harbor Election for Small Taxpayers)I am supposed to att... read more
Staff is now given access to all new clients by default. Data security is of utmost importance; therefore, access should never be automatically assigned by defa... read more
I entered the AZ capital gains after 12/31/2011 on the Income Dividends Details page, but it is not showing up on Line 23 unless I double the number. And if I e... read more
Re: 1099-DIV foreign tax, I cannot get the foreign source dividends to come out right on the 1116 and the corresponding statement for Line 1A. Using the adjustm... read more
Hello -I have a musician client who I need to amortize video and recording costs for.Under theSection 167(g)(7) safe harbor election - they can amortize 50% of ... read more
Currently, when an item has been reviewed is updated, there is a modification checkmark for review. Some items in worksheets and statements however may disappea... read more
Currently Checkmarks do not show who checked the items. It would be great to see who checked the items, as there may be multiple persons reviewing the returns.A... read more
