I have a taxpayer who turns 73 on June 14, 2026. She has a tradtional IRA with about 25k that she wants to roll into a Roth IRA prior to her 73rd birthday. Can ... read more
Several form 4868 and state extensions I efiled with payments to be taken out have NOT been taken out by the IRS and states but other taxpayers DID have their p... read more
I am preparing the 1041 for a trust after the grantor passed away in August 2025. The trust assets include a bank account, two cars, a house, and household item... read more
Great job Intuit and IRS. I transmitted 315 extensions with electronic payments on April 15th and the payments all cleared by midnight on April 15th. I would ha... read more
Are emails from Intuit ProSeries Tax <ProSeries@eq.accountants.intuit.com> Legitimate?I can never find the topic headlines on the Intuit website. For inst... read more
Clients are getting letters from the state of Michigan to adjust retirement income who have had 1099-R with code 4. In ProSeries the MI calculation is excluding... read more
For digital assets, with no adjustments, are you entering the information line by line for each transaction?Or, are you using the totals for Proceeds and Cost B... read more
I have a client who worked for the Veterans Administration all year. Their payroll is handled by Defense Finance & Accounting Service, in Cleveland. The W-2 sho... read more
I filled out the form for the MN homestead tax refund. This year, the little box is checked which indicates that my client, at the time of printing, owed back t... read more
I have several clients getting a CP53E notice saying the IRS couldn't direct deposit their 2025 refund when there was no refund due the client.One client had an... read more
Due to technical calculation error on the software (Proseries) side not calculating the limited interest of the mortgage loan of that greater than $750K, the de... read more
