Welcome back! Ask questions, get answers, and join our large community of tax professionals.
hcklau
Level 1
Activity Feed
  • I have a partnership that invested in a QSB stock. Stock was sold and meets all criteria of a QSSB stock sale, therefore no taxable gain for Fed. I am not able ...
    hcklau
    1
    Jun 03, 2024
  • The funds were used for home improvement. Why is the HELOC fully deductible for CA and not subject to the $100K debt?
    hcklau
    1
    Mar 04, 2024
  • Taxpayer has a mortgage and a HELOC. Mortgage debt is $325,000 and HELOC is $288,000. Total debt is less than the $750,000 limit for Fed, so all mortgage intere...
    hcklau
    3
    Mar 04, 2024
  • Anyone find a work around or is this issue resolved for tax year 2023?
    hcklau
    1
    Apr 01, 2023
  • The following diagnostic is generating:Splitting estimated payments with a former spouse is not allowed for efile returns. I can't believe this is not possible ...
    hcklau
    Mar 07, 2023
Community Stats
Posts 5
Solutions 0
Cheers Given 0
Cheers Received 0
Member Since ‎08-16-2022
Latest badges earned