- Recent
- Popular
- Unanswered
- No Replies
- I want to pay the late file penalty when I efile the 1120S return, but I do not know where to put the payment on the return.I also went to IRS.Gov to try and ma... read more0 1
- I have a taxpayer who won money from gambling and received a 1042-S in lieu of W-2G, using foreign passport as identity.How do I enter Form 1042-S onto his 1040... read more0 0
- Has anyone else noticed anything weird on Form 1041, Page 2, Schedule B, Line 3? The entry is supposed to be the capital gains allocated to the beneficiary on S... read more0 0
- I am preparing an initial 1041 for a Family Trust.The income is reported on Form 1099-R, along with Federal income tax withheld (box 4).Question:1) can the Fede... read more
- I am seeing payments being applied on the 1040 for excess social security and medicare.I can't understand if these amounts are automatically flowing and how to ... read more
- Hi,When there is more than one Form 1116, the Part III Line 24 numbers from the other Form 1116s should carry over to Part IV – Summary of Credits from Separate... read more0 0
- A client just told me that a friend of theirs that is also a volunteer fire fighter told them to ask me about a tax credit for being a fire fighter? I know I ca... read more
- Taxpayer (MFJ) is the spouse and works in WI, but lives in IL.The W-2 has WI as the state code and has withholding to WI.Other than checking the NR box at the b... read moretccpg289 Level 4ProSeries Professionalposted Apr 7, 2025Last activity Apr 7, 2025 by Accountant-Man1 2
- My client exchanged rental properties through a 1031 exchange.Property Sold:FMV 510k, $185k mortgage paid off at closing, Cash received at closing $300k. Origin... read more
- Where do I enter the 529 contributions on the Colorado state return? I can only find the employer contributions, this was a personal contribution.0 0
- Client received a 1099-NEC with capital gains. When I put the gain into Sch D it also shows as income from the 1099. How can I put it into Sch D without showing... read more
- Hi everyone, I see this error on my screen. Do you have it on your side? What is going on at this difficult time?!"
- Phil Collins "I Don't Care Anymore" and Jackson Brown's "Running on Empty" played on repeat this entire week.And one more - Tevya's "If I Were A Rich Man".
- 1040 form was rejected, now trying to efile for extension, but not working.
- Can an S Corporation deduct an Executive Bonus Plan or Indexed Universal Life (IUL) insurance on Line 17 of Form 1120S? Are there specific IRS guidelines or lim... read more
