I have a client who took out $10K from their child's 529 plan that was funded by various sources (gifts, etc) over the years. The $10K was to pay 100% of the bi... read more
In Box 13 of K1 (1065) Box 13 Code H Investment Interest Expense has an amount of $2,302. It is carried to Form 5942. The investment income expense deduction is... read more
Hello everyone, are we having fun yet?Only six more days to go!!!So, I have an existing client who came to me several years ago with a Sch C for his storage Uni... read more
How does one getGovernment copy to print balance due payment vouchers (1040V etc)?I had an hour call w tech support only to be advisedshe needed to disconnect b... read more
My client divorced before2017 and no dependent child anymore (all independent).He pays $14 k alimony to his ex wife in previous years.But current year, instead ... read more
I asked this earlier and have figured some of it out but still need some help.Client sold a rental home. Received $300k in cash at closing. $200k went to the 10... read more
I have a client that is a crew member on a charter boat, and they pay hum as a subcontractor and issue a 1099. The assignment lasted a little less than one year... read more
Client paid an amount to buy out contract of an agency, said its non business but can it actually be a business deduction or just a miscellaneous deduction?
Attempted to E file a return with a attached PDF file, the PDF is a two hundred page 1099-B scanned at 300 dpi for a day trader. The first rejection I received ... read more
TP received Sch K-1 from his partnership. I've not included one of these on a personal return before and was hoping for some guidance. Other than entering the s... read more
