Net federal tax free AFTER bond acquisition costs is being transferred to CT return, BUT tax free bond acquisition costs are NOT deductible in CT. I can enter t... read more
I have contacted Proseries trying to find out the exact date of Form Availability with no luck (2 hours on the phone total). Form 706 Estates is now available f... read more
Is there a way in Proseries to have the software apply a S Corporation loss limitation due to basis, as computed on Form 7203, to the Schedule E, Page II and ul... read more
I have a client who is filing tax returns for 2020,2021,2022,2023. The first 2 years show a refund due to failure to receive stimulus payment. Although it's too... read more
Hello,I seem to remember bits of discussion in the past about the VITA? Program. A community member has asked if I would be consider being part of a volunteer p... read more
IRS has released (in draft form) the new IRS Form 7217. Looks like this form is required to be filed by individuals on their 1040 and it's purpose is essentiall... read more
I have Schedule C loss carryforward from previous year but it is not being applied to current year Schedule C income to lower my tax liability. Is there a certa... read more
program kept saying to close quickbooks before installing 2024 Proseries but QuickBooks was not even opened. Gliches 3 times, shut down restart 3 times. Try to ... read more
"Hi all,Wishing you all prosperity and success this tax season!A new client mentioned that his wife only occasionally does work for the business on a truly inde... read more
I purchased a new PC and lost my customized template from the previous year. I was able to copy it from another PC that had the template. If you are not using c... read more
New client. First time I will prepare return is for 2024. He was referred to me through a professional relationship. Info:- Divorce finalized in July 2024- I as... read more
I see that sometime last night, I crossed over the 30,000 thumb plateau. So that got me thinking about retirement. Based on my age, if I retire next year the 30... read more
I have a 1031 exchange from CA to another state. I filed the initial form 3840 and the annual form thereafter. The replacement property has sold and I know CA w... read more
