Taxpayer invested in a partnership that sold in 2022 and recorded gain on the 2022 K-1 to taxpayer but held back certain funds to cover final expenses. The part... 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
This is my second year facing the same issue with Pro connect, my client has a child that has three last names and the three last names does not stay the way I ... 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
Client (Wife) is married but separated (not living together last 8 months of the year)She has filed for and requested Child Support payments from her current hu... read more
HelloMy client had intended on transferring an IRA distribution from trustee to trustee. However, this did not happen. Rather, a check was issued to the client,... 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
I have to file corrected form 1040 because client received brokerage statement, 1099 int div b,, after original return was filed and didn't know it was coming. ... read more
Greetings,An associate has a tremendous problem with their eFIN. They have been in practice as a CPA for many years and in good standing all around. In a nutshe... read more
This is a reoccurring theme with this specific client in particular because the previous year in 2022, the same thing happened, it caused us alot of headache an... read more
A disallowance per IRC 280A of net rental loss on rental property with -0- rental revenue.Property amounts were input with 224 days available for rent in "days ... read more