Both forms 7203 and 6198 show that there is no allowable loss, yet Schedule E page 2 reflects the current and prior year suspended losses. This is the final K-1... read more
Anybody else seeing a similar pattern? Im wondering if they were both filed on the same day or something in common like that.....Im out of the office until the ... read more
Hi - I am a tax preparer & use Pro Series Basic. I need some hand holding with a K1 1120-S section V. I prefer some one on one help by phone. I am willing to pa... read more
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
I don't prepare estate returns because, thankfully, I do not deal with them often. With that said, I did investigate my question but could not find a definitive... read more
Need a box on Iowa tax return to automatically fill in the box for Third Party Designee. I had to type it in on every return. Proseries has all this same info f... 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
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
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I need to make an adjustment to income from form 8275 but the other adjustment line in pro series says that line is obsolete How do I show that adjustment?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
Just-Lisa-Now- Level 15 ProSeries Professionalposted May 1, 2025Last activity May 1, 2025 by Just-Lisa-Now-
