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limitation on charitable contributions for 2020

I have input data for 2020 in Turbotax Delux 2020 and the limitation on charitable contributions does not appear to be correct since the deduction for 2020 is n... read more

pjb36 Level 1

posted Nov 25, 2020

Last activity Nov 25, 2020 by abctax55

4 1
Any word whether thePPP loan foregivness will still allow the deduct...

Christine384 Level 1

posted Nov 2, 2020

Last activity Nov 2, 2020 by qbteachmt

4 3
Form 941, Qualified sick leave wages and SS Limits

I have a question regarding qualified sick leave wages, Social Security wage limits, and the new Form 941.I have a client who has an employee who received quali... read more

tmesp Level 1

posted Oct 28, 2020

Last activity Oct 29, 2020 by qbteachmt

0 7
CanCan a Prisoner receive an income incentive?

can a prisoner who has earned approximately $913, while in prison, receive a credit.. Others say they can be, but they also have also worked more.&n... read more

15740 Level 1

posted Oct 19, 2020

Last activity Oct 20, 2020 by TaxGuyBill

17 12
COVID rules for early distribution from an IRA - qualification peram...

What are the qualification rules for early withdrawal from an IRA account? Person is taking $100,000 which appears to be the limit. They have not ha... read more

SLL Level 1

posted Oct 10, 2020

Last activity Oct 10, 2020 by qbteachmt

4 1
Cloud Base Best Accounting Software | COVID-19

From last week I'm looking for accounting software for my small education organization. Where I can use it from every where during in this pandemic situat... read more

sima002 Level 2

COVD-19

posted Sep 30, 2020

Last activity Oct 6, 2020 by qbteachmt

2 1
Community Chatter: How do you organize your time?

Community has a new series going around, called Community Chatter. This is where we get to know each other and share out tips, tricks, and anything... read more

IntuitBettyJo Community Manager

posted Sep 29, 2020

Last activity Nov 18, 2020 by taxshack

3 1
ppp loan forgiveness

9-30-2020 fiscal year corp spent all PPP loan proceeds in current fiscal year. PPP loan forgiveness will occur in 9-30-2021 fiscal year. In which ye... read more

steveseinfeld Level 1

posted Sep 16, 2020

Last activity Sep 16, 2020 by qbteachmt

1 1
Community Chatter: Share your workspace

Community has a new series going around, called Community Chatter. This is where we get to know each other and share out tips, tricks, and anything... read more

IntuitAustin Community Manager

posted Sep 14, 2020

Last activity Sep 14, 2020

2 0
Community Chatter: We share our work from home hacks!

Everyone has seen a lot of change this year, and one of the most common changes is the way our work life has shifted in response to the global pandemic.&... read more

IntuitBettyJo Community Manager

posted Aug 31, 2020

Last activity Sep 29, 2020 by sima002

6 1
Presidential Memoranda on Deferring Payroll Tax

Although not entirely having anything to do with income tax, does anyone know the official status of the signing of the Memorandum by President Trump that defer... read more

11Buster Level 3

posted Aug 26, 2020

Last activity Aug 27, 2020 by IRonMaN

12 5
Does IRS accept esignatures -Docusign on f2848's?

Does IRS accept esignatures through Docusign on f2848's?

Sheena Noel Level 1

posted Aug 7, 2020

Last activity Aug 7, 2020 by Sheena Noel

0 2
Resurrecting EIP's For The Dead

Well, I noticed it more than a week ago and mentioned it here. But Politico has just got around to noticing it, also.Dead people could end up eligible for... read more

BobKamman Level 11

posted Aug 5, 2020

Last activity Aug 5, 2020 by IRonMaN

8 1
my client got pp-loan & he has claimed employee retention credit on ...

my client got pp-loan he has also claimed employee retention - tax credit on pay-roll form 941can he claime both credits ????

VYASVYAS33 Level 1

posted Aug 3, 2020

Last activity Aug 3, 2020 by Just-Lisa-Now-

3 1
Unemployment and EIC

So let's say a single mother of two qualifying children earns $20,000 a year. About how much EIC would she receive?And then suppose the cafeteria where sh... read more

BobKamman Level 11

posted Jul 23, 2020

Last activity Jul 23, 2020 by IRonMaN

5 1