Keogh/SEP/Worksheet does not allow for the simultaneous contributions of these two DC-type plans.My client maxes out his combined (50+ years) DC limit every yea... read more
I need to amend a 2023 tax return, which has already been amended and accepted.Is it possible to e-file. I was told that the IRS accepts up to three e-filings f... read more
Client qualifies to treat rental losses as non-passive and offset the loss against regular income. The rental is a short term rental & the client actively & mat... read more
Good Afternoon Community,I have a question about selling the asset Construction in Progress. I have a client that is in the process of selling an uncompleted sh... read more
Hello,I worked on a trust that owed both federal and state tax. The state tax was taken on 4/15/25, but the federal tax was not taken. The federal should have b... read more
I thought I scheduled the extension payment to be taken out on 4/15/2025. However, it did not happen on that day.My client just called to say that the payment i... read more
Taxpayer’s spouse passed away in 2018. The spouse solely owned a rental property, but the rental activity continued to be reported on the taxpayer’s personal re... read more
UPDATE: So after a while, the ProSeries is able to open but it takes a long time for it open. Normally, it opens relatively quickly after login. If anyone knows... read more
Oops, hold on a second. That's what I used to get excited about as a kid. Now I get excited to see how much more I get to pay for ProSeries in the fall. Looks l... read more
Hello Tax Survivors!Can anyone help me with unlocking a file that is indicating that it is "locked by Another User".My set-up is a Stand-Alone system as a sole ... read more
We had a payment due with Form 7004 in a trust return that was set to auto withdraw from a bank account. The payment was never taken out of the bank account. Wh... read more
I'm getting conflicting information regarding partnership 401K contributions and guaranteed payments. Should both the deferral and match be shown as a guarantee... read more
