Also.... do you print all the worksheets with your client's tax return copy? The Qualified Dividends / Capital Gain Tax Worksheet is probably in your client's paperwork. It shows the detail of how...
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Also.... do you print all the worksheets with your client's tax return copy? The Qualified Dividends / Capital Gain Tax Worksheet is probably in your client's paperwork. It shows the detail of how tax was calculated.
Go to line 16 click on the magnifying glass - it will take you to the 1040 worksheet line 16 - right above line 16 is a Tax Smart Worksheet which indicates how the tax was calculated. Is Line1 T...
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Go to line 16 click on the magnifying glass - it will take you to the 1040 worksheet line 16 - right above line 16 is a Tax Smart Worksheet which indicates how the tax was calculated. Is Line1 Tax Table box checked or Line 4 Qualified Div / Capital Gains box checked or something else ??
Go to line 36 on Form1040, click the magnifying glass - takes you to 1040worksheet line 36, click on magnifying glass again - takes you to Overpayment Application Options - line 2 b is Apply All
You're worried total sales are less than the 1099-K.......So this restaurant only accepts Debit/Credit cards - never has sales paid by cash or check ??
You'd file a part-year resident NC and part-year resident SC. Allocate income according to what was earned while living in each respective state including the sale of the house. Bottom of Federal...
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You'd file a part-year resident NC and part-year resident SC. Allocate income according to what was earned while living in each respective state including the sale of the house. Bottom of Federal Information Worksheet has the allocation worksheets. NC / SC are reciprocal states (correct?). So the SC residency working in NC has reciprocity.
I blame the new W4s. Employees that have not had to complete a new W4 for 5+ years are baffled by the current four page W4. Many of them want to know where to put the number of children they wan...
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I blame the new W4s. Employees that have not had to complete a new W4 for 5+ years are baffled by the current four page W4. Many of them want to know where to put the number of children they want to claim. Claiming dependents on Step 3 of W4 does not produce the tax withholding outcome many actually want .
See Lisa's answer to your other post https://proconnect.intuit.com/community/proseries-tax-discussions/discussion/my-client-purchased-a-ford-f-250-for-60-000-in-2022-for-100/00/258125
@dascpa Weird how covid works....some get it some don't. Glad you were a "don't". When the family is making plans for special events they roll their eyes when I say..... "Not during tax season" ...
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@dascpa Weird how covid works....some get it some don't. Glad you were a "don't". When the family is making plans for special events they roll their eyes when I say..... "Not during tax season" Like they haven't heard that a thousand times.
Address on W2 doesn't matter. What matters is where the client lived. Yes, client will most likely owe to Connecticut and get a refund from Maryland. If this client is still employed by same c...
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Address on W2 doesn't matter. What matters is where the client lived. Yes, client will most likely owe to Connecticut and get a refund from Maryland. If this client is still employed by same company, hopefully they have changed address and state withholding.
I've discovered opening the 2019 tax program (after several months of not being in that program) will almost certainly require me to change my password. Makes me want to scream.