Are there any PS instructions for entering an asset sale in Form 1120S? My search hasn't found anything.I'm trying to determine the mechanics of recording the s... read more
I have a customer that borrowed against their investments. They paid back Loan/Margin Interest, is this tax deductible in any way? Where do I enter if so?
NYS - My client is a 20 percent beneficiary an inherited IRA. How do apply the 20 percent limitation to the $20,000 pension exclusion? I added the percentage on... read more
NYS - My client is a 20 percent beneficiary of an inherited IRA and therefore limited to a NYS pension exclusion of $4,000 (out of the $20,000). How do I apply ... read more
Hello.Form 1099-PATR has amounts in Box 1 - Patronage Dividends and Box 5 - Redeemed nonqualified notices. Are both of these amounts taxable or is Box 5 include... read more
If more preparers would complain about Proseries not supporting the ability to efile the NC D407 Trust returns, maybe Proseries would update their program to ha... read more
I have a client who has a Schedule C that is for a short year (5 months). We need to prorate the depreciation to only claim 5/12 of the total. I have searched t... read more
sent my clients (tp/Sp) a Docusign to review and sign the 8879's yesterday. They called and said that the envelope did not contain the tax documents (which i di... read more
when accessing contact us (intuit) tab, in help center, it indicates "not found" and redirects to community ,as preparers , we should have a contact board to le... read more
I have a paid subscription to ProSeries Basic (and I've used the same product for about 7 years). I'm trying to produce a PDF of my first return this year so I ... read more
I am getting an error in tax return check for Iowa state return 2024. The error states "Return has more than 1 copy of Form IA 4562A" "TurboTax does not support... read more
Hello,What is everyone doing in CT for 1065/1120S CT.. since the form is not going to be availble until end of FEB. Any receommendation on managing the clients?
Hi to all, I filed Federal return, IL as resident ( they live in IL) and MI no-resident because of job location of wife, now I see MI 8453 does not have any inf... read more