On form 8606 line 15c has an asterisk and the tax due is * From Taxable Distribution Wkst (per IRS Pub. 590B). Using the pro rata calculation formula the tax du... read more
I'm tired, so I'm trying to figure out if this is wrong or if I'm missing something. I have a K-1 from an S-corporation. The next page is an attachment saying ... read more
A client sold rental properties this year. He had refinanced and had refinancing costs that were added to the basis and amortizable points. I added those at the... read more
I have some clients with very large payments due. Theye elected auto withdrawal payments. The returns were filed yesterday morning around 8:00 am. The payments ... read more
Has anyone had experience with the Exempt-Interest Dividends? On the additional dividend worksheet.My client lives overseas and doesn't file state tax returns.T... read more
All of a sudden, in the last week or so the software is not taking full credit for foreign tax paid on investments...little amounts that always were credited 10... read more
Illinois Estimated Taxes Worksheet - Illinois is the same as federal - pay in 100% of prior year's taxes and you avoid late payment penalties. While this is the... read more
I was on my home base view page, and I hit something that made all my clients font really small on the screen. I can barely see them. Does anybody know how to a... read more
Efile 4th quarter NYS estimated payment cannot be made within 30 days of the payment due date IS IMPOSSIBLE. Intuit ProSeries stops allowing efiling by early De... read more
BASIC & PROFESSIONAL - Electronic quarterly NYS payments - Not printing vouchers creates errors. Efiling Federal and NYS tax returns with estimated payments for... read more
Client is making a backdoor Roth contribution.The 1099-R form shows code 2 for the IRA 7500 distributed and 7500 taxable.However, my client never received a ta... read more
My client died and her son is her personal representative for the Estate. I've done many of these where a surviving spouse was involved, but I can't seem to get... read more
