Lacerte's in software depreciation schedule can't seem to correctly calculate depreciation when making the 163(J)(7) election. I have checked the ADS box in dep... 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 client whom has a SEP and traditional IRA, she made contributions to both in 2023 but due to income limitations the IRA contributions are nondeductible... read more
It seems this year more than in years past, clients are printing off tax documents from their accounts online. But if you are going to do it, you don't need to ... read more
My client's Schedule E does not flow from Form PA40 to the claim form PA1000The cross-reference right-click says it should. Schedule C does flow.Anyone else hav... read more
Case: I received a W-2, box 16 state wages amount less than the box 1 wages.Question: (1) does this Form W-2 sound correct? In some cases, the box 16 state wage... 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
Latest Update: Version 44.0328Check out modules below to see what updates have been released in this version of your software. (e.g., recent changes, feature en... read more
Tax payer received a faulty w2 where employer collected PA taxes and remitted to state, while tax payer is a resident of NC and not at all resident of PA nor wo... read more
I am working on a Schedule A on Form 990 and need to populate Part II, Schedule A, line 5. I have calculated the total number and can't find the screen that all... read more
It seems that the refund of the credit should not be taxed the following year. ProSeries automatically brings the refund to the current year and adds it to inco... read more
The following diagnostic is generating: Form Sch E-1 #1: An Override amount has been entered for disallowed vacation home expenses. This override results in neg... 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