E-filed a return yesterday that was rejected. The taxpayer apparently needs a PIN, which they say they never received!!!! Since you don't receive a PIN in one d... read more
In a K-1 for a general partner, if box 1 income and guaranteed payments to partners add up to the same amount shown in Box 14 A self-employment income, isn't th... read more
Can anyone provide insight on how to enter an asset with intangible drilling costs on form 1065 in proseries? I'm stumped. I entered the asset, but can't get it... read more
I am trying to file a return with federal, New York State and New York City elements? I receive an error message that the NYC return has not been reviewed. I do... read more
My GA account was entered as a payment on 4/15, but has not hit my bank account. Since GA was declared an IRS disaster area was it automatically changed to May ... read more
I have a client with a new business who filed an 1120-S last year and has asked me to handle the tax prep this year. I found an article titled "Preparing a S Co... read more
New client has a rental property that was an Airbnb. The city ordinance no longer allows property to be rented as an Airbnb.The property became a long term rent... read more
Well Ugh, and Double-Ugh!Client came to me last month admitting that they were behind from 2022 because the highly recommended tax lady they were using kept mak... read more
Hi,I have two clients who do business in California as non-residents, and I keep trying to electronically file their estimated taxes. However, it keeps rejectin... read more
The owner of a condo had no damage to their condo in a federally declared disaster area (DR-4834). The condo grounds were damaged. The HOA had a special assessm... read more
It is my understanding that leased vehicles over 6000 lbs can take a Sec. 179 - limit of $30,500 but cannot take depreciation if using actual expenses which inc... read more
Illinois taxpayer received aGrantor Tax Information Letter instead of forms but I've been able to fill out every in his tax and last part says:STATE TAX INFORMA... read more
#! Form 8615 should be attached to the return even if unearned income is under $2,600. The form is not printing with return and if I print it, the childs name a... read more
Hello All:When is a schedule E loss not deductible. I don't do a lot of returns with rental properties. I set up a new rental property for a client, it calculat... read more
