I have an individual with a K-1 and on line 12 - other deductions, there is a charitable deduction with code A. When I enter that on the K-1, it flows to the it... read more
I'm having trouble finding instructions on how to enter Section 751 gain that was reported on Partnership's Schedule K-1 line 20AB. All I can find is that "751 ... read more
Received a call from an individual. His taxes were filed with the wrong first name and his Social Security number was off by one number. His last name and addre... read more
I updated Lacerte last night, and in e-signature today I'm seeing Form 8879-TE listed for e-sig for 1040's. I have no 8879-TE's in the return.Why am I seeing th... read more
The full time student is 22 years old. He made $25,000 at the college working a side job. His parents provide more than 1/2 of his support. Plus they pay for hi... read more
All Iowa returns that are reporting a federal refund from 2022, which is about 75% of the returns are wrong as of the update this morning (3/21/24). The federal... read more
I have a client with a first year K-1 for and S-Corp. I am trying to fill out the 7203 Debt basis. Most of the 7203 autopopulated, but line 28 for non-deductibl... read more
On one 1040 client with a S-Corp K-1 shows charitable contributions in Box 12 of the K-1, Code A. But an error is appearing on Schedule A for charitable contrib... read more
Hi all,I am getting this error when trying to attach a pdf file to a state return. I tried rebooting and opening only ProSeries, but still get it. I don't know ... read more
I have a client who is 24, got married in 2023. She was on her mom's HDHP in 2023. Client made a contribution to her own HSA for 2023 for $5600. Client's husban... read more
TP lived in Illinois until June 2023. Sold home, moved to FL, secured a job, changed driver's license, rented home, and then decided to move back a month later.... read more
The day is going slow and it seems like a Saturday. Finished a corporation, 1040 client, and some payroll tax deposits. Still a lot more work to go. Trying to f... read more