Taxpayer received IRS LTR 12C requesting a completion of part 4 of Form 8962 Lines 30-33 to allocate amounts related to a shared policy. Information can only be... read more
TP lived in the house for 2 years then did Airbnb for 2 1/2 years. Can the main home sale exclusion be taken?Does the depreciation need to be recaptured?Thanks,
Please can we create an IT-360.1 (Change of City Residency Status) for the spouse alone, without it having to be a joint form. Currently am unable to e-file for... read more
US resident client has dual UK and US citizenship. He traveled to UK in the summer for 2 months and worked for a company where he was paid wages of 9,000 GBP, e... read more
ProConnect makes an adjustment (subtraction) on form 511-A for the bonus depreciation adjustment related to Oklahoma allowing 100% bonus depreciation. This subt... read more
We need PTO to be able to file consolidated returns, or at least to fill out Form 851. Even if it has an additional fee separate for the tax return. We have hun... read more
Part 3in form 990....When I check off 501c 5 and attempt to check form of organization as association, I get a red error that I cannot check off both boxes. It ... read more
I really need help. 3 hours with a Lacerte Rep and two visits from computer consultants I have hired.I loaded 2023 Lacerte on my new Windows 11 PC. When clickin... read more
When Lacerte made the 2024 Form 706 available to download I assumed that also meant it was "released." I guess I assumed wrong. Does anyone know when it will be... read more
