I know that home office is not deductible after 2018 for employees and there are 4 exemptions for that rule.My new client's last year tax return shows income ad... read more
For a single member LLC in order to expense the company owner IRA contribution on schedule C does it have to be contributed from a company name / FIN?Can sole-p... read more
Client withdrew money from their Line of Credit to lend to someone. This someone paid interest to the client and issued them a 1099-INT.I do not know what to do... read more
Hi,Im looking for help to solve the rejection for the 1095A marketplace insurance. My client has verified he has no coverage. has anyone checked the box and re-... read more
I have a client who didn't pay taxes on wages due to an in-home supportive services program that waives her from federal and state taxes. How or where do I find... read more
Can I e-file State return other than NY & CA under 1040NR?Under Federal return, there are only two option NY & CA state for E-filing....how about the other stat... read more
I usually only see it when Ive got other programs running, but this morning on a fresh reboot, only ProSeries 2023 was running, I get that little window, so I c... read more
The partner is material and get K1- partnership as SE incomeFor Un reimbursement business expense (UBE) related to K1 partnership income Self EmploymentHome Bus... read more
I have a client that filed MFS in 2022. This year when I was collecting is 2023 information, he informed me that they discovered they never mailed the marriage ... read more
I have an individual with a K-1 and on line 12 - other deductions, there is a charitable deduction with code A. When I enter that on the K-1, it flows to the it... read more
Hi to all.Sole shareholder of S-Corp who formed Nov 2023 his S-Corp and did not have W-2 for 2023 as a employee.He had few 1099-NECs(Total $121000) under his na... read more
When I click "E-file" - "add pdf files" - "add attachment", after selecting the pdf that I want to attach, I click "open", nothing happens, I'm not even getting... read more
There is a rental loss on schedule E line 21 but it doesn't carry to line 22, therefore the loss is not being deducted from the 1040. Anyone know why this would... read more