I am the administrator for my brother's estate. He has a 91K IRA that has been rolled over to an estate account by the investment company. My brother did not ha... read more
Hello Community,Hoping you all can provide insight and verify my suspicions on this one.My client, age 57, inherited 1/3 of his father's 401k. Some background o... read more
Hello,I am working on a 1120 for 2023 for a client and I am having trouble balancing schedules m-1, m-2 and L without having to move some numbers around. They h... read more
Proseries has been improving its K-1 (combined federal and state) reporting packets for partners. However, I noticed that not all of the state schedules are pri... read more
My sister and I set up a two Member NJ LLC for estate planning reasons. The only asset is a small vacation home that was owned by our now deceased parents. It i... read more
A new client brought prior year's (2023) Sch D. The short term loss was $4K, the long term loss was $22K. Is that what I put in the carryover worksheet? What do... read more
Morning All, I already tried searching here and couldn't find anything to help me.On my computer (admin) the column with for the invite to link is missing. It i... read more
Good morning online community,For the sale of a home given as a gift, what is the Date Acquired? I know for an inherited house we entered "inherited" but if a h... read more
I have tried to determine how I can get my Intuit Link setup for a new year. The things that I would like to be able to reset/update before starting a new tax y... read more
I have a client that received an offer of 2 million to sell part of the business. It would include some assets, $50,000. The rest is not really "goodwill" the b... read more
FYI, SPIDELL Tax•Analysis•Education Court puts BOI reporting on hold for all businesses(12-04-24) A federal district court in Texas issued a natio... read more
I have an S Corp that is going to start doing business in another state (DE). He lives in MD. The two states do not have reciprocity.Obviously his P&L will need... read more
Client is beginning to flip homes and I am wondering how to report this correctly. He is buying and selling in under a year on a few homes to start with. Bought... read more
LOOKING FOR PROSERIES USERS THAT ARE LOOKING TO EXPAND THEIR PRACTICE IN THE WORCESTER MASSACHUSETTS AREA. OR A TAX PREPARER LOOKING FOR WORK DURING 2024 FILING... read more
