Hi, is there a limit to contributing after-tax 401K when switching employers? Client maxed out on previous employer with the pre-tax 401K and made after-tax con... read more
What is the tax effect on someone gifting a non qualified annuity to child? gifter is 70+ years old and child is 50+ years old. Can this be done by adding a rid... read more
I entered a business vehicle on 2012 Schedule C (car and truck worksheet) with 5 year recovery period but system continues to depreciate after 11 years. Why?
Looking at deduction on Schdeule A for this repayment client made to employer. Is there a certain line on Schedule A that it goes on? Looking at program thinkin... read more
The client filed head of household for 2023, her parent was a dependent. Only residents in the home are the client and her mom. Client is unmarried.Mom died Mar... read more
Taxpayer conducted a 1031 Exchange and relinquished one property for interest in two Delaware Statutory Trusts (DST). I've calculated the depreciation carryover... read more
I have information that it's possible to have an accountable plan yet not have the partnership pay actual cash for reimbursement and so just record the expense ... read more
Does anyone know how to get ProSeries to include a Sect 754 asset in UBIA? I've had to manually override the Partners K-1 info, but ProSeries will not allow me ... read more
Anyone still going fairly strong? I still have a lot of extensions to work through as well as my business accounts to take care of. Post tax season I schedule f... read more
I have had problems all season with amounts being added back as additional income on Maryland returns that are just wrong. I resorted to overridding the system ... read more