the electronic filing of the Form 7004 extension (code 17) for 1120-H association tax returns appears to not be supported. Is anyone else experiencing this and ... read more
Fix the programming to allow business extensions to be e-filed without entering W-2s, prior year income, or unchecking the box to e-file the original return. W-... read more
It appears like if you have a self-employed person that the health insurance is taken as an adjustment on the Federal Schedule 1, and they are over 65 and have ... read more
I'm working on a tax return for a client who has an NOL carryover. The Carryover Worksheet, line 14 has the amount carried over but shows an error. The error me... read more
Individual passed in 2023. The investments were in a revocable trust. An Irrevocable trust with EIN was created at date of death. However, the brokerage did not... read more
Have a client that Lived in DC in 2024 from 1/1/24 to 4/19/24 then moved to CA for the rest of 2024 and domiciled there. He and wife had 2024 total income of ~2... read more
TAXPAYER HAD A $17,079 QUALIFIED PLAN LOAN OFFSETIs she still eligible to roll over the $17,079 distribution until April 15th, 2025? Am I understanding correctl... read more
Client really just exchanged her 2 separate timeshares at one place to upgrade to 1 much better time share. They sent her 2 1099s forms showing the proceeds val... read more
Carryforward net operating losses are deductible on the S-Corp tax return for Massachusetts and not on the individual tax return, which differs from federal in ... read more
