Client wants to use the 8915 form to allocate his 1099R distribution over three years forrebuilding his house from the Lahaina Wild disaster fire - having probl... read more
Wife's name is not on the deed only the husband's name, but both live in their home more than 2 years of the last 5 years, can they take $500,000 capital gain e... read more
Good morning online community,Does anybody have tried some kind of AI assistant that works well for Proseries Professional? At least for recollection and input ... read more
Hello!I have a client who has two rentals. 2023 reported on Sch E. In 2024 set up an SMLLC and is actively renting property as a business and separately sells h... read more
For 2024, on Schedule C, if I enter an auto <6k, 100% business use, 1/1/24 acquired/in-service, qualified property, 90k cost basis, $0 Sec 179, then ProSerie... read more
How can I access previous tax years 2021 & 2022 from proseries 2023? I do not see access to download those tax years separately. Is there a way to file those ta... read more
In Pro Series Basic program, how does the Line 1b get a value on the Social Security Benefits worksheet?? Just had a client get an IRS notice that their SS inco... read more
When you file a Oregon Corporate Income Tax Return electronically, does the system also file electronically the Form C ( Portland Business License & Multnomah C... read more
I use Proseries which is fine for simple returns but doesn't work for complex taxes. Is there a work around to calculate depletion expense for Sch C working int... read more
