I have a client that is planning to flip houses. My thoughts are that he purchases the houses, keep up with the expenses to repair and refurbish to increase the... read more
All,I have a calculation problem on Item # 2 a & b General & Limited Partners (ii) Individual (active) of Page 6 of Form 1065.1. Two Individual (active) partner... read more
I would appreciate any assistance with resolving this print error message.I did not have this error occur during my tax prep season Jan 1 thru July 15I have uni... read more
I have entered my client's K-1 for their S-Corp which shows approx $100K Loss. I've filled out Form 7203 to justify basis in the S-Corp in order to deduct the l... read more
I am entering a Self-Employment loss from a K1 (1065) Box 14 Code of $131K which is correcting flowing the Self Employment Worksheet which allows a netting of $... read more
Please explain to me why Proseries is not addressing the slowness of Proseries 2024 software on startup after an update in Rightworks platforms.Every time I cal... read more
I am completing form 1120 for 2024, and somehow form 1120-H is being generated.It is appearing in the Forms in Use section.I do not have it checked on the Info ... read more
I have a client whom was Deceased 12/13/2023, I did a tax return for him for 2023. His kids are now getting and IRS notice stating he should have done a 2024 ta... read more
I know I have done this before, but cannot recall how. I am using Proseries. I have a client who was a Lahaina Fire Victim. She, her mom and Dad and Grandma los... read more
I am attempting to amend an 1120-S for 2023. I check the amended box on the Fed and the State, and then enter the changes.If I recall, the changes should popula... read more
I just purchased a new computer and when I downloaded the 2024 software the product downloaded with no issues. When it began installing the software on my new c... read more