I have a client that is receiving social security disability that is directly related to 911. According to IRS publication 3920, you exclude the SSA payments as... read more
Is Social Security disability benefits are due to injuries directly resulting from the September 11th attacks, then those benefits are not taxable? Is this Corr... read more
Client received two federal K-1's (1065 and 1120-S) and then two Ohio IT K-1's tied to each of the federal forms. My question is, how do I enter the Ohio IT K-1... read more
If several lines of stock transactions have been entered in Form 8949, can you insert a line in between?I entered at the end the missing line and saw in Form 89... read more
The suit is aboutdisaster relief provisions enacted during the COVID-19 pandemic that suspended certain federal tax deadlines for more than three years — from J... read more
Hi Teams,I set up electronic withdraw for my client's 2026 estimated tax(1040-ES), and then e-filed his 2025 return.However, I noticed that the e-file activity ... read more
Line 56 is too large. for disposition calculations, depreciation cannot exceed business basis, Please see tax help for this field. Where is the Tax Help on the ... read more
2024 Pro Series Professional calculates these amounts on theLate Penalties and Interest Worksheetin the client's federal return.To get these amounts to calculat... read more
Greetings!Hope everyone survived tax season. 🙂I'm working on an ex-pat return. Client messaged me today and had the following question after reviewing her Norw... read more
The company operated as an S corporation through 2019 and converted to a C corporation in 2020. It has approximately $300,000 of undistributed earnings from its... read more
I have a client whose shareholder is going through an IRS audit related to a distribution. The taxpayer did not take a shareholder's salary during the year. The... read more
Hi, I am receiving an error message for the date to withdraw payment for state return - VA pass-through entity for Sub S Corp. The error is blocking me from efi... read more
