Retired Minister has two 1099R's and according to church he is entitled to housing allowance against this income. there is no amount in box2a and 2B is checked ... read more
Estate is the beneficiary of the insurance proceeds. It is below the limit so it should be nontaxable. Estate does not have any liability. Total amounts will be... read more
So, client sold a baseball collection he'd been building since he was a kid. He'd never listed it as an asset previously, but he knew what he'd spent on it and ... read more
Client purchased 2 vacant parcels many years ago and sold this tax year, receiving a 1099-S. The program doesn't support a 1099-S, and I don't think sale of hom... read more
My client is HOH with one child. When I add a 1099R for taxpayer it also creates a 8615 and auto populates taypayers name and social where childs name normally ... read more
Good morning,My client built a small home office separate from his home. I'm trying to find specific IRS guidance if this is a direct expense since it is not at... read more
Husband & Wife (MFJ) sold a home to their son that has been renting it for a number of years (sch E has been filed for previous years). Closing statement shows:... read more
To correct I/O error code 113Turn off virus protection and firewallRe-install software from scratch (repair did not work for me)Test start up and access to file... read more
In 2023 I had a client with rehab credits under the post-2017 rules where the credit is paid out over 5 years. ProSeries does not seem to have any sort of carry... read more
Good day all,I have a client who rented out his personal residence for less than 10 days. The rental income is exempt under 280A(g). The tenant issued a 1099- M... read more
