I entered a business vehicle on 2012 Schedule C (car and truck worksheet) with 5 year recovery period but system continues to depreciate after 11 years. Why?
The client filed head of household for 2023, her parent was a dependent. Only residents in the home are the client and her mom. Client is unmarried.Mom died Mar... read more
Looking at deduction on Schdeule A for this repayment client made to employer. Is there a certain line on Schedule A that it goes on? Looking at program thinkin... read more
Does anyone know how to get ProSeries to include a Sect 754 asset in UBIA? I've had to manually override the Partners K-1 info, but ProSeries will not allow me ... read more
I have had problems all season with amounts being added back as additional income on Maryland returns that are just wrong. I resorted to overridding the system ... read more
Anyone still going fairly strong? I still have a lot of extensions to work through as well as my business accounts to take care of. Post tax season I schedule f... read more
How is it that the 2022 1040 Payments Line 25b shows 1099 withheld amount when none was entered for the 1099-misc/rents.. Identical 2023 return does not show a ... read more
Hey folks!I'm using ProSeries and I can't get the Indiana IT-2440 Disability Retirement Deduction to populate. I figure I'm missing a check box somewhere, but h... read more
Taxpayer conducted a 1031 Exchange and relinquished one property for interest in two Delaware Statutory Trusts (DST). I've calculated the depreciation carryover... read more
I have several depreciated items on a schedule that the client has scrapped for no value and did not dispose through a sale.How do I remove the item from the de... read more
I understand that if a taxpayer hasn't owned a primary residence for two years or if the taxpayers is buying a primary residence for the first time, there is an... read more