Parents' e-filed return was rejected as college kid claimed self. College kids used turbo tax originally and then did a 1040-x to "un-claimed self". How long sh... read more
I have a new 2024 client that had a K1 loss in 2023 that showed up on a form 8960 and that loss carried over to the Schedule 1 line 5, lowering their taxable in... read more
I'm getting the following:"This organization's history of federal net investment income (Form 990-PF)categorizes it as a "Large Organization." As a result, only... read more
I have a client with a 2024 Gain/Loss report from Coinbase showing a Bitcoin sale on 03/05/2024, with an acquisition date of 11/30/2022. However, Coinbase indic... read more
Just spoke w/ IN Dept of Revenue after my client was assessed a $500 penalty for not submitting the composite return for the nonresidents. They had a loss so I ... read more
The police in Greensboro, North Carolina have an alert that you need to be aware of. 😁 https://www.facebook.com/GreensboroPolice/photos/for-immediate-release/1... read more
It would appear that this is being added to the IRS' MeF which would be a significant improvement.Does anyone know if ProSeries will pick this up for the 2025 t... read more
When exporting a K-1s for entities that a relatively large number of shareholders, members or beneficiaries, can the entity name and return year be added as a p... 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
Hi everyone,New client was self-employed in 2023. She received a 1099-NEC from a U.S. employer and also earned wages in Canada, where she stayed for four months... read more
IN NEW HAMPSHIRE, FORM NH-1120 MUST BE PAPER FILED.WHEN THE APPORTIONMENT TO NH IS "0.0000" [MBS SOURCING / SALES FACTOR] THE FORM DP-80, THE APPORTIONMENT SCHE... read more
When entering penalties and interest calculations the tax due does change but the letter date will not change for Montana to the appropriate date. I have tried ... read more
Jim-from-Ohio Level 11 ProSeries Professionalposted May 7, 2025Last activity May 8, 2025 by Just-Lisa-Now-
