Has anyone had problems with Tax Advisor not factoring in capital gains rate in estimating tax, thus subjecting return into AMT? My projection has a $21,000 AMT... read more
From the February 4, 1960 article: What do the waitresses think of the goings on?Many of them are strangely silent. Others speak up. Most of them are just wai... read more
Can anyone help resolve the following issues in ProSeries?> Tax summary instruction doesn’t match the return and Form 8879 for the amendment.> Tax letter ... read more
Can taxpayer elect to deduct different amount than total investment interest expense?? Here is scenarioTotal investment Income ST capital gain152KTotal investme... read more
Can taxpayer elect to deduct different amount than total investment interest expense?? Here is scenarioTotal investment Income ST capital gain152KTotal investme... read more
Hi to all. A couple on J-1 and J-2 visas mistakenly filed jointly as residents. I understand that if a couple qualifies as residents and files jointly, they hav... read more
Hello community! I've been making a list of issues that I haven't been able to resolve. Any suggestions would be appreciated. I've sent a list of these items to... read more
I recently received my 2025 ProSeries renewal invoice that showed a 40% increase from tax year 2024. I have called 4 times asking the question - why did it incr... read more
It appears that when you extend an individual return, it automatically calculates a state failure to pay penalty based on a filing date of 10/15. So you need to... read more
While preparing a CA 541 return, the estate had liquidated a retirement account and income tax was withheld. In the proseries program, it only allows you to ele... read more
Why doesn't Lacerte calculate the NOL utilization anymore? Is there some reason they can't do this calculation within the software? Just another thing we as pre... read more
Here are some issues I'm having with state returns, any suggestions?> Tax preparer name and phone are below the lines.> For Ohio, does not change the date... read more
Can anyone provide solutions to the following issues...> Tax summary instruction doesn't match the return and Form 8879 for an amended return.> When switc... read more
