In section B of the 1099R worksheet there is a box to enter the 48K to indicate that it was rolled over. But before you do that, make sure that the client really did complete the process properly an...
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In section B of the 1099R worksheet there is a box to enter the 48K to indicate that it was rolled over. But before you do that, make sure that the client really did complete the process properly and timely. Sometimes clients are a little mixed up on little things like dates and amounts ---------- and life in general.
File a paper return. Create another copy of the client file and enter it as if it is was a 2024 return. Print, the return. Cross off the 2023 dates and write 2024 on the return and then get it rea...
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File a paper return. Create another copy of the client file and enter it as if it is was a 2024 return. Print, the return. Cross off the 2023 dates and write 2024 on the return and then get it ready to be mailed.
In their defense, with some of these brokers it can be hard to keep track of accounts. One year they have 6 accounts, then the next year it's 4, followed up by 2 and then back upwards to 5. And the...
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In their defense, with some of these brokers it can be hard to keep track of accounts. One year they have 6 accounts, then the next year it's 4, followed up by 2 and then back upwards to 5. And then throw in paper vs electronic 1099s just to make life interesting.
Someone at the IRS actually looks at account numbers? Personally, I would just have an explanation saying "client received a 1099 from Always Late Investment Co after the original return was filed a...
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Someone at the IRS actually looks at account numbers? Personally, I would just have an explanation saying "client received a 1099 from Always Late Investment Co after the original return was filed and the return has been amended to reflect the additional 1099". As long as you have the revised IRS tax forms attached to the 1040X the IRS will figure it out --------- eventually.
If you don't want to take the time to check the ProSeries calculations, Google is still a good friend to have
at what income limit does zero capital gains rate end - Google Search
As long as they were married on December 31st, a joint return is always available. Requesting child support really has nothing to do with filing status.
Highlight the client in the EF homebase and then click on update acknowledgement. See if that does anything for you. It could also be that their computers got buried and they are just slow to proce...
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Highlight the client in the EF homebase and then click on update acknowledgement. See if that does anything for you. It could also be that their computers got buried and they are just slow to process.
Elvis really is alive and well and living in Medina, OH with two cats, Bigfoot and some CPA named Jim. Nobody has been able to identify what the CPA's last name is, but they are working on it and ho...
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Elvis really is alive and well and living in Medina, OH with two cats, Bigfoot and some CPA named Jim. Nobody has been able to identify what the CPA's last name is, but they are working on it and hope to have an answer soon.
The firm has 4 employees according to that link. So there is Jim, his two cats, and maybe a chipmunk that pitches in to get those returns out the door.
I posted yesterday that there would be a learning curve when banb asked basically the same question. I am curious about your call to support though. I made a call early in tax season and that suppo...
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I posted yesterday that there would be a learning curve when banb asked basically the same question. I am curious about your call to support though. I made a call early in tax season and that support person didn't make any sales pitches about converting to ProConnect.