In Georgia when an S corporation elects to pay its income tax at the entity level, certain adjustments must be made on Schedule 8 of form 600S.  The two most common are section 179 and charitable contributions.  Why is this not being transferred to Schedule 8 automatically?  I understand that these deductions may be limited but if I can compute the limit manually, Proseries should be able to compute it for me.  Other tax programs are doing this automatically. Before someone challenges me on my understanding of Georgia law, read the regulations under chapter 560-7-3.  It clearly states that the tax is computed as if the entity was a C corporation.

99% of my clients elect to use the De Minimis Safe Harbor Election.  It would be convenient and time saving if you could make a firm wide election for ALL of the clients to make this election.  It would be less likely to be forgotten and easier to remember to override this automatic election when necessary.

We are being forced to change our passwords periodically.  I understand the need for that.  However, because of the need for complex passwords, we are forced to either tape our password to our monitor or save it in a text file on desktop.  Kind of defeats the purpose, right? If the program could "shake hands" with password manager programs such as Norton, it would make our lives so much easier and our programs so much more secure.  

I am a Georgia accountant working on a North Carolina resident income tax return. This gentleman has a K-1 with a $467,038 federal loss.  The NC K-1 has a $253,802 bonus depreciation adjustment.  Very little of the loss is allowed on his federal return because he is a passive investor.  However, the NC module of Pro Series is adding back 85% of $253,802 as an adjustment.  I called technical support and told them that is not correct and they told me that it was.  Does anyone here agree with the Pro Series “Expert”? If the company had not claimed bonus depreciation and had a federal loss of around $250k, there would have been no adjustment for NC.  This would have resulted in the small federal loss being allowed by NC instead of the $250,000 of income presently calculated by Pro Series.  I always tell clients that common sense does not necessarily apply to tax law but that result is absurd.  The Georgia module uses a proportional adjustment.  It simply follows that NC would as well. I would appreciate any comments to help me resolve this issue.

In the preparer set up, please allow us to indicate our professional designation, our state of license and our license number.  Then, revise the 2848 to insert our preparer number so this information can be automatically entered.  That would be so much more convenient that having to enter this on every POA.