i'm entering an individuals partnership k-1 information. Box 20 with code AG for gross receipts section 448c. It says it's not provided for in the program and t... read more
Hello,All of a sudden my 1040's will not generate a 1040-V, nor will my VA 760 state return. I've made sure my updates are current, rebooted....no clue.Has anyo... read more
I have a client who filed as single in 2021. His wife just joined him in the US in July 2024 and got permanent resident status and social security #. I will ame... read more
One of my clients contacted me and stated he had a retirement annuity that he makes a monthly payment to. On the paperwork, the Contract Plan Type is Individual... read more
Client stopped in and I noticed on the certificate of organization filed with the Department of State that the address is off by one letter. They used an "a" wh... read more
A colleague and good friend is 94 years old and still has his own tax practice. CPA/EA and very knowledgeable. Just curious, does anyone else know of anyone of ... read more
I guess I should watch how I phrase the question. It may be misconstrued. 🙂Father is gifting each of his three kids $250,000. Plan is to write each child a che... read more
An individual client gave me incorrect payment amount for 1Q 2023 resulting in a $3,624 carryforward to 2024. The correct amount of estimates paid results in a ... read more
How do I report form 1099-S? My client received this form relating to the municapality "purchasing" an easement. Everything that I have found about this form re... read more
This is the first time I have encountered a situation with Sec 754/ 743b adjustment. My client inherited interest in a Partnership after his mother passed away ... read more
Have a quick question. I have what i suppose would be a "luxury auto" 2017 Porsche. It is used in the business. Purchased in 2022 and we used both 10000 of the ... read more