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The taxpayer owns no other assets than her 401K. Based on the worksheet she filled out she is insolvent. However, I would typically make the income taxable. But...
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I've never filled out or filed an insolvency debt worksheet linked to Form 982 to exclude this income from tax. Is it common? What are the chances the IRS appro...
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Re: So what is the ruling? Will the ProSeries Basic program include form 172 in the calculations ...
Hello, I don't see Form 172 in my 2025 Proseries Professional. Is this a system error or is it not included in the system? I tried e-filing a client and it came... -
