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What do you suggest is the most important item to be cautious this tax season?

Forum|Forum|6 years ago
December 7, 2019
15 replies
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what do you suggest is the most important item to be cautious this tax season?

ProSeries Professional

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Best answer by George4Tacks

PEBKAC

Just-Lisa-Now-

Intuit Community Champion

In what respect?

EIC/AOTC/CTC Due Diligence is a biggie!

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

George4Tacks

Level 15

i.e. IRS Form 8867

Answers are easy. Questions are hard!

taxiowa

Level 8

Be aware that the 199A worksheets are pulling custom (machine) hire as wages at least on the partnership returns for farm rental. They paid no wages but the K1 attachment for 199A states they had wages. So be cautious.

abctax55

Level 15

HumanKind... Be Both

George4TacksAnswer

Level 15

PEBKAC

Answers are easy. Questions are hard!

Camp1040

Level 10

I had to look up PEBKAC, very accurate!

abctax55

Level 15

Phone calls asking for free advice on QBID.

HumanKind... Be Both

Just-Lisa-Now-

Intuit Community Champion

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

TAXOH

Level 10

Program updates.

G

garman22

Intuit Community Champion

For sure!

IRonMaN

Level 15

1040s.

Slava Ukraini!

Camp1040

Level 10

True!

M

mojocpa

Level 6

QuiBIDs

abctax55

Level 15

"...Program updates. "

Or rather, no updates (as in "why isn't QBID computing yet...)

HumanKind... Be Both

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