Where is the checkbox for disabled taxpayer? It's next to blind checkbox on the 1040 but where in the software? This should be an extra deduction on Fed and KS ... read more
A number of clients have received IRS notice CP30A. The penalty for failure to pay sufficient quarterly vouchers has been recalculated. Generally a small refund... read more
Hello, I am Drashti, Tax and Regulatory Manager at Water and Shark. We are looking for tax software for filing returns for our clients in the USA and have come ... read more
I need help with the aforementionned reference . I have followed all the steps for amending a return; however, I can't file the return as I am having the critic... read more
Trying to record sale of sched c biz. Have "sold" all the assets, but can't figure out how to record the goodwill. Have tried adding it as an asset and disposin... read more
Solar investment tax credit under Section 48.Does a single-family residence (not new construction) rental property qualify for this tax credit?The credit is oft... read more
A client and friend who's return is on extension sent me an email and she asked me if she is going to get her economic stimulus payment. I sent her back a text ... read more
I am dealing with a K-1 that has income in box 1 and a loss in box 2.Box 11, code ZZ shows a small amount of income. In the footnotes it describes this as "OTHE... read more
Basically what it says above. Client's husband I guess had a brain fart and didn't realize being married in 2024 doesn't affect his return.I've never had this s... read more
I have a K-1 (Form 1065) of a partnership "AMINO CAPITAL III, LP", which isa venture capital firm.My client is one of the investors. On the K-1, there is"Net lo... read more
John and Mary filed their separate returns in VA and MD respectively, and each of their returns has errors, they want to correct the errors and file jointly.The... read more