I understand that if a taxpayer hasn't owned a primary residence for two years or if the taxpayers is buying a primary residence for the first time, there is an... read more
Proconnect should have a schedule summarizing all the K-1 lines items for all shareholders in form 1120S and all partners in 1065. This is especially helpful wh... read more
I am receiving an error on the Texas Form 05-164 extension request when I have a combined group. It states that "Combined Entities must add affiliates to Form 0... read more
I have a company admin who is the Chief Tax Officer in our organization as well as an owner. I have her role set to Company Admin and discovered today that she ... read more
I efiled a 2023 Fiduciary return for this estate and am now ready to file the FINAL estate short period (1/1/24-4/30/24) return. I do not want to wait until the... read more
I recently submitted a 1040x for a client that had automatic estimated quarterly payments set up for the IRS in the return. I was unaware that I needed to unmar... read more
I imported TY22 data from several ProSeries '22 returns. ProConnect did not pick up the 1040 line 36 amount to be applied to 2023 estimated tax, and as a result... read more
I need to figure out how I can amend a 2023 return that I just amended. I prepared the original return, amended it and now need to amend it again.Not sure if th... read more
I recently had a client email an IRS notice that explained his tax estimated payments were not received. I had indiciated in the 2022 ProSeries Basic program fo... read more
My client has a K-1 showing ordinary income and the statement A QBI pass through attached to the K-1 shows a loss. Does that makes sense? Shouldn't they be the ... read more
My client called me wondering about the tax benefits, if any, of hiring an assistant for his W-2 job.I want to preface this by stating that my client is a Sales... read more
Has anyone else noticed Form 8995-A picking up incorrect #s from a different K1 when amending a 2023 Form 1040? My client has 15-20 K1s and the software appears... read more