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My client is an S Corp. They had $38,750 of fixed asset purchases in 2023. On the asset entry worksheets I took the section 179 deduction for both assets. Calif...
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My client did a backdoor roth IRA conversion this year and line 14 on Form 8606, the "total basis in traditional IRAs for 2023 and earlier years" comes to $1,76...
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I have clients who live in Nevada but have rental property in CA and PA so they have to file those state returns. The spouse also has a schedule C but doesn't d...
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Yes, he does have wages. Is there something I have to check so that it links the max contribution to his wages?
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Yes I clicked it in the S Corp return and nothing computed.
