Client's son is incarcerated. Any risk to me filing his return? Wouldn't want my preparer number associated with questionable client. More importantly, risking my other clients filed under my numb...
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Client's son is incarcerated. Any risk to me filing his return? Wouldn't want my preparer number associated with questionable client. More importantly, risking my other clients filed under my number. Am I tax season closing crazy?
Proseries program. Thank you for the great information. It seems from all this I am ok with how it is coded. At the bottom of the 1099 I can check the box, IF J, check if qualified distribution, be...
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Proseries program. Thank you for the great information. It seems from all this I am ok with how it is coded. At the bottom of the 1099 I can check the box, IF J, check if qualified distribution, because with no earnings so not really early distribution Think that's ok?
Not the deceased, nor the brother. 92-xxxxxxx Possibly estate that brother unaware of. Not a pretty story and not a lot of information. Will have to dig further, I guess.
2022 put 7000 in Roth, but not eligible. Remove Roth prior to filing. 2023 Received this 1099-R coded PJ showing taxable return and early withdrawal. Did not include anything on 2022 return. Anyt...
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2022 put 7000 in Roth, but not eligible. Remove Roth prior to filing. 2023 Received this 1099-R coded PJ showing taxable return and early withdrawal. Did not include anything on 2022 return. Anything need to be amended to show not taxable and not early withdrawal?
Brother received 1099-S for sale of deceased brother's home. It is in the Estate of brother's name. Other than the house that sold for $110,000 there were no other assets. Is any tax return r...
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Brother received 1099-S for sale of deceased brother's home. It is in the Estate of brother's name. Other than the house that sold for $110,000 there were no other assets. Is any tax return return required? Definitely loss on sale.
In December 2022 inherited IRA $347,000+ 2023 1099-R distribution $26000. Box 2a Taxable $26000. Box tax not determined checked Code 4 IRA box checked Client is 65 Tax treatment help please a...
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In December 2022 inherited IRA $347,000+ 2023 1099-R distribution $26000. Box 2a Taxable $26000. Box tax not determined checked Code 4 IRA box checked Client is 65 Tax treatment help please and penalty help? Thank you.