Client has K-1 income with multiple 199A pass through real estate investments. This is my first time using ProSeries. I see two places to enter the net rental r... read more
Client is a partnership with 2 partners.Client owns a two family residential property. No mortgage.Client enters into a fully sanctioned 1031 exchange.A two fam... read more
Does anyone use WI Schedules MA-M, CF and CR on a WI Form 1? Figures are supposed to carry from CF to CR to Form 1. They don't seem to carry from CF to CR. Prog... read more
Taxpayer received Form 1099-S for the sale of a rental property.Curious of how to enter in ProSeries 2023.The immediate thought is the asset entry worksheet for... read more
hello,in order to process 2023 form 1065, i am entering client info from 2022 tax return. on his return line 21 from p5 balance sheet is empty, but it is showin... read more
Hi there,While finalizing a couple of 1040 returns, I'm wondering how I know that all the estimated tax payments are scheduled properly via electronic payment i... read more
I have an OH resident TP who works in IN. I prepared the IN IT-40RNR (reciprocity tax return) and selected the e-file option for IN in the federal info wks.Howe... read more
I have checked all the new boxes in the federal info worksheet.Maybe I am missing something else new this year.The OH checklist does not have any forms listed u... read more
My software will not let me e-file a individual return someone who filed an extension for the state of New York. However, New York does not accept paper returns... read more
In the past week, I realized the option to print a payment voucher for a Virginia tax balance due (Form 760-PMT) is no longer available in the print menu. Furth... read more
I have a client who has been living in Guam for over 10 years and receives income from both Guam and CA. He has payroll income in both Guam and California and r... read more
Hello,Curious the taxable ramifications when a client has held vacant land for twenty years, and finally sells it? Is this simply a long-term capital gain situa... read more
