Hi Community, The Intuit Accountants Community is migrating to a new community platform on June 15th, and we want to make sure you know what to expect. 🚀 Launc... read more
TP is 81 and an owner of rental real estate (an apartment building.) I amended her 2024 1040 to reflect her "claim" that she has a profit motive in this activit... read more
The following diagnostic is generating: Beginning inventory in the cost of goods section is different than the beginning inventory on the balance sheet.
I've had two clients who have owed tax receive the attached letter from the IRS (appears legitimate...maybe looks are deceiving). Both confirmed that the amount... read more
Who else got their early renewal quote for pro connect and the prices are more than double the current year? How does Proconnect justify this without adding any... read more
Hello,California and a few other states support e-filing superseded returns. California specifically added support for Individual/Fiduciary in 2022, joining the... read more
Hi Community, The Intuit Accountants Community is migrating to a new community platform on June 15th, and we want to make sure you know what to expect. Launch ... read more
Hi Community, The Intuit Accountants Community is migrating to a new community platform on June 15th, and we want to make sure you know what to expect. Launch ... read more
Hi Community, The Intuit Accountants Community is migrating to a new community platform on June 15th, and we want to make sure you know what to expect. Launch ... read more
I have a client who had her NY State return efiled on March 18 and is still waiting for her refund. She had a lot of itemized deductions, and when I checked on ... read more
There is an e-file error stating that the return is ineligible to e-file due to "all earned income for the Earned Income Tax Credit (EITC) is calculating from u... read more
My client received an IRS notice saying she owed over $8K more. I couldn't figure it out at first as the numbers matched except for the estimated taxes. Went to... read more
Haven't had a sale of an s-corp in ages. They sold the assets/improvements etc.Trying to do the sales in the asset entry worksheet. F&F and leasehold improvemen... read more
