Client is general partner in an LLC taxed as a partnership. His K-1 end of year basis is negative and a box 19 distribution of $22k. The K-1 Box 20 code X is fo... read more
Anyone else? Yesterday, mid-day, our firm and preparer information was not showing up on returns. Errors were popping up because preparer code didn't match anyo... read more
Hi everyone,A new client has a company in Dubai that deals with the export and import of medical equipment. He wants to start a similar business in Maryland. Si... read more
How do I generate an amount in Box 17, for Code AJ for an 1120S return? The S corp has gross income, but the deductions are more than the income. I would have t... read more
When you have a foreign beneficiary, if you do not enter a state in the beneficiary input screen 6, you get a critical e-filing diagnostic. This question was as... read more
I read online not to activate/select the box for Schedule A and Form 8971 until after you complete Form 706 in full. Does anyone know if this is accurate for 20... read more
The following diagnostic is generating: For form 561-S, Property #3, the type of property sold is required for Oklahoma e-file. The Oklahoma exempt capital gain... read more
Does Lacerte automatically figure out the special depreciation addition and subtraction on IL-4562 or does this require a manual input. The Illinois form 4562 i... read more
With Intuit Link, Is the customer's bank and brokerage information user/password or linkage saved or does he have to go in every year and log into each financia... read more
Is it difficult to add the refund / bal due status bar to Proconnect? I switched to ProSeries just because of that feature. I understand the process of looking ... read more
I do a lot of Schedule Cs, so in setting up a new client I keyed their assets into Sched C, but I should have keyed them into Sched F because it is a farming bu... read more