I have two clients who sold their condo they held in a partnership. they had a business return prepared and now have a schedule K1 from that. Now i need to prep... read more
Hi Everyone,I have been getting conflicting answers, so I thought I would pose the question to all of my colleagues here:I have a client who is a non-resident p... read more
Hello! Has anyone else noticed QBI loss carryforwards not flowing naturally in the return...or am I looking at things incorrectly? Client has a rental property ... read more
I have filled out Form 8958 for showing allocation for couple filing MFS; I realize it does not flow anywhere. My dilemma is getting 1/2 of income and taxes wit... read more
I have a client asking if I can create and file a 1099-MISC or 1099-NEC for someone they hired while I also preparing and file their own (the client's) tax retu... read more
Return has Federal, KS, MO, and city of Kansas City.All returns are set up for e-file.Fed, KS and MO are set up to efile, marked to efile, ready to efile and th... read more
Hi Everyone,I have a client from New Mexico. She is a Pharmacist and she have a certificate of eligibility forRural Health Care Practitioner Tax Credit ($3000).... read more
Hi to all,Client become H1-B visa on 13/11/2023. She were in the U.S. for 49 days in 2023 and 365 days in 2024.Client can chooseFirst-year choice and as I know,... read more
Client disposed of vehicle in 2024, had 0 business use and reporting sale price of 25000. ProSeries is calculating depreciation when in fact it should be no dep... read more
Farmer moved to renting out his pasture, still has expenses that produced a loss. I checked the At Risk box. Why is it going to Form 8582 denying the loss? His ... read more
