Form 1040, Sch D, Column (h), Line 1a + 1b does NOT equal to Line 7. The difference is Wash Sale shown on Column (g). It seems to me that this W/S is missing du... read more
Can the vehicle credit be claimed in 2022 or 2023?The contract was signed in 2022 but the car was not received until 2023.However, if you entered into a written... read more
The AICPA has a nice discussion right now about tax season. And it would be nice for our community to have something similar in a chat\ or other forum.Do you wa... read more
Folks:Client has a $200,000 federal tax bill. After going back and forth on it, he decided he would pay $30,000 at the time of the return, submit an installment... read more
I have partnership client which invested in other business and received Multi-state K1 fromthose partnerships. When entering the K-1 information in Screen 23 Pa... read more
Calling Lacerte rep to get help on this topic but couldn't get help. How do I make an election on Depreciation deduction under R&TC Section 24356 on form 3885 f... read more
Did FTB take the day off? I've e-filed many tax returns today and have gotten "accepted" status from IRS but all I have from FTB is "CA sent to California". The... read more
Colleagues:Hopefully someone can help me now that April 15 is done!I constantly have difficulty with inputs for the Foreign Tax Credit.The Screen 35 inputs are ... read more
I want to be sure that I didn't miss an efile reject. I thought I saw all the notifications, but I could have missed one. How do I know that there are no return... read more
The following diagnostic is generating: Prepare and attach AZ from 352. I prepared it the same as past years and it is still not populating. Anyone know how to ... read more
Does anyone know how to fix the following diagnostic:e-file: If your combined group's total revenue for the year is less than $2,470,000, you do not need to fil... read more
I don't think this idea stinks. Pun intended.TP with a business made renovations to a bathroom in his home that is used by himself and his clients.Is this Quali... 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