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  • So I received a phone call at 11:30 AM this morning from a non-client asking to have a tax return filed today. I may have overreacted with a chuckle and words c... read more
    JRC Level 8
    ProSeries Professional
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by IRonMaN
    4 2
  • Does anyone know what line on the new Form 5695 does the credit for Energy Efficient appliances goes? I have a client that has an energy efficient washer but th... read more
    Paul-G-328 Level 4
    ProSeries Basic
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by IRonMaN
    1 1
  • My client bought a new vehicle in 2023 & I'm trying to take the Section 179 deduction or bonus depreciation on it. The purchase price was $42,000. Am I allowed ... read more
    sharmoren0112 Level 4
    Individual ProSeries Basic
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by Brainstrom
    1 1
  • TP received a 1099-MISC for his deceased wife's oil royalties. The 1099 lists the decedent's SSN. The royalties were deposited in the TP's joint bank account.Ho... read more
    david3 Level 7
    ProSeries Professional
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by Skylane
    2 4
  • I had a craving for a Whopper which I hadn't had in a while. Got a Whopper with cheese, A medium fry, and a medium Coke. The bill came to over $11.00! Now I kno... read more
    PATAX Level 15
    ProSeries Professional
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by IRonMaN
    7 3
  • It's been a while since we've opted for S179. I see that the software doesn't automatically adjust Box 14A for self-employment earnings on the 1065/K-1. Is this... read more
    trw2987 New Member
    ProSeries Professional
    posted Apr 15, 2024
    Last activity Apr 15, 2024
    0 0
  • Why is my 2022 passive loss (Sch E) not coming forward to 2023?
    PChin Level 3
    ProSeries Basic
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by PChin
    0 1
  • If a close a business, and we amortized start-up costs, where do I recapture the startup cost that has been taken to date? Or do I have to? The system indicates... read more
    dr58lj15 Level 2
    ProSeries Professional
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by Camp1040
    0 1
  • I file tax extension form 4868 and CT-1040EXT with electronic tax payments, but in the E-File Clients screen, they show up with refund check. Is it OK ? Or I ha... read more
    ChiHoang Level 4
    ProSeries Basic
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by ChiHoang
    0 2
  • Get through the day and enjoy your vacations!
    ljr Level 8
    ProSeries Professional
    posted Apr 15, 2024
    Last activity Apr 15, 2024 by Strongsilence-CPA
    16 4
  • The income limit is $4700Other dependent (Taxpayer's 95 year old Father) received $4714.53 in Taxable Pension Income.Is the income limit Gross Income (taxable +... read more
    parvitstax Level 5
    ProSeries Professional
    posted Apr 14, 2024
    Last activity Apr 15, 2024 by Jim-from-Ohio
    4 1
  • My understanding is that the original purchase price should have been amortized as an intangible asset. The client does not have her old tax returns and she doe... read more
    Chris sick Level 2
    ProSeries Basic
    posted Apr 14, 2024
    Last activity Apr 15, 2024 by Chris sick
    3 9
  • I have two new clients this year that are clergy with housing allowance considerations. I have entered the amount on the W2 for housing allowance and Proseries ... read more
    jesmithjr86 Level 3
    ProSeries Professional
    posted Apr 14, 2024
    Last activity Apr 14, 2024 by Jim-from-Ohio
    2 1
  • First year S corp. Franchise operation with equipment purchases, franchise fees etc. Taxpayer has a rather large operating loss. Based on my reading it's likely... read more
    dsocpa Level 5
    ProSeries Professional
    posted Apr 14, 2024
    Last activity Apr 15, 2024 by dsocpa
    2 7
  • taxpayer left US on April 30th 2023 to a new employment in another country. he files as Part resident. Should the amouts of credits be prorated
    kiranpm Level 1
    Individual
    posted Apr 14, 2024
    Last activity Apr 14, 2024
    0 0