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JimmyM
Employee
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  • The 8990 is required to be filed with Form 1041 when business interest expense needs to be limited. The form is filed one per 1041, so all three rentals in the ...
    JimmyM
    Mar 28, 2019
  • I am unable to find a form/credit for which a residential rental property could claim a solar energy credit. Form 3468 is an investment credit for business prop...
    JimmyM
    Mar 14, 2019
  • Publication 526 was released by the IRS today at about 2:00am. We are currently updating the calculations for the charitable contribution limitations to account...
    JimmyM
    2
    Mar 21, 2019
  • Amounts coded with an "L" on the Partnership K-1, line 13 are deductible on line 16 of Schedule A. These porfolio deductions are not subject to the 2% floor. In...
    JimmyM
    9
    Mar 07, 2022
  • Form 8990 is included in Lacerte and ProConnect Tax Online. Amounts from within the return will flow to the 8990, and the 8990 will calculate the limitation on ...
    JimmyM
    2
    Mar 28, 2019
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Member Since ‎03-04-2019
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