A friend of mine used another preparer. This preparer told them because they sold land and bought a home within the 180 day period they were fine on taxes. They... read more
Hi to all.Warm greeting to you after this tax season!Client did not file her 2023 tax return and also she has a saving account in Canada over $10000.Considering... read more
Hi to all.An individual on an F-1 visa filed their 2023 tax return as a resident, but should have filed as a non-resident (his first entry to the U.S. was in Ju... read more
In client status there are all the boxes with each prompt in order. Lets just say a client was extended, and then we received their documents 10 days later. Bec... read more
Nebraska requires a Nebraska Form 1065XN to be used to amend a 2023 and later Nebraska partnership returns, Form 1065N. There is no longer a box on aNebraska pa... read more
I need to make an adjustment to income from form 8275 but the other adjustment line in pro series says that line is obsolete How do I show that adjustment?
PROSERIES DOES NOT INCLUDE NON- RESIDENT SHAREHOLDERS/PARTNERS WITH A NET LOSS ON THE SCHEDULE COMPOSITE. THIS IS RESULTING IN A $500 PENALTY BEING ISSUED TO TH... read more
Hi all. I'm just looking for confirmation or comment on how I can handle an allocation of policy amounts on an 8962.Taxpayer had a policy through the marketplac... read more
Client is a K-1 owner of a worldwide conglomerate. MA has an excise tax based on sales (above $6m and above $9m). Client has no activity, no sales, no people, n... read more
Is anyone else having issues with the firm/preparing information not saving and disappearing when going into other returns....and even happens when I open up a ... read more
Hello. I am using Proseries Basic for almost all of my returns, other than the 1065's which ia using the PPR Professional. Basic is working fine, my issue is I ... read more
