Husband always had single member llc for real estate rental. This year he comes in and has changed information on the secretary of state website for 2023 to add... 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 1099R for a Roth Distribution with an amount in box 5 for employee contributions and the year in box 11 the year is 2018. The code in box 7 is B. Do I ... read more
Last year (for Tax year 2023) for a client whose 2022 tax returns I filed before 4/15/23, I set up for Federal & New York automatic estimated 2023 payments for ... read more
The following diagnostic is generating: VA Form 770, Schedule 3, negative values are not allowed for EF returns. Please file this return as a conventional paper... read more
Are asphalt roofs ("cool" asphalt shingles) limited to the 30% (max $1200) Energy Efficiency Credit?I wasn't sure where to enter the roof improvement so I place... read more
I have a new taxpayer who is a U.S. Military member and claims Florida as his state of residence.His previous tax preparer file his and his wife's federal retur... read more
Client received a 1099-misc with box 2 royalties having a value. On the backside they give supplemental reporting where they give you the gross revenue, deducti... read more
If you file MFS can you still contribute to a family plan HSA $7,750 and if over 55 is it $1,000 each meaning you can put in $9,750?Also, can you use Medicare p... read more
Hello everyone,Background:Client moved from GA to VA 6/30/23.Client works for the same GA employer, but now works remotely from VA. The W-2 reports all income a... read more
The following diagnostic is generating: e-file: This return includes a Form 05-166, Tax Affiliate Schedule, or a Form 05-177, Common Owner Information Report, w... read more
Do we have the ability to set a permanentdefault form view to "Show full page"? The default appears to be "Zoom to Page Width," but I have a very large monitor,... read more
Why does the new 1065 Partners Basis Computation not carryforward the prior year Line 21 excess deductions not subject to basis limit and Line 23 distributions ... read more
Client has a loss from his rental property in Germany. Paid Foreign Tax.How do I show this on Form 1116 or should I put it on Form 1116 since it was a loss/
Hi,Need help on this, one of my client bought Model Y under his LLC . I took Commercial Clean Vehicle Credit (CCVC) of $7500. Can i take Sec 179 for the same SU... read more