I don't lock my client's tax returns, maybe I should and would like to know the pros and cons. I often go back to prior year tax returns for numerous reasons and am receiving this year a notification that calculations in the prior year's tax return have changed resulting generally in overpayment of tax.  Is there an easy way to amend these tax returns?  It seems that when I click on "View Changes" I go straight to the X and there is no description of what actually changed that resulted in the change.  How am I supposed to amend these tax returns, which I assume should be amended?

Client completed a 1031 by exchanging a residential rental property in SF for two similar, but cheaper properties in HI in November.  According to the intermediary, approximately $15K in boot.  Do I need to complete two 8824s and prorate the basis between the two replacement properties or only one combined 8824?  Obviously I will still need to report each HI property on it's own Schedule E.  Are any of the costs of sale, e.g., commissions, added to the basis of the original property and replacement properties?   IRS says with multiple replacement properties I must attach a statement, that also applies in this situation? Also, I inherited this client and the original CPA only put the improvement value on the E but I also need the total purchase price, including land, correct?   Last thing, I understand that since original property was exchanged from CA to another state, CA requires annual reporting.  Are you familiar with the form the needs to be filed annually with CA. Many, many thanks.

The IRS requires a PDF of a signed and dated statement to be attached to an efiled tax return if the client meets the rental real estate safe harbor requirements and wants to claim the QBI deduction.  I am trying to do this correctly this year but am getting conflicting information, i.e., that the IRS has waived the signature requirement and that the statement needs to be detailed to the extent of the name and number of the manager, number of units, etc.   There is a 199a rental real estate safe harbor statement in the 2019 (none in 2018) version of ProSeries that can be efiled with the tax return.  Is it sufficient to print it, have the client sign and date it, scan and create a PDF and attach it to the tax return?  Is it possible to send it with an 8453?  If the IRS has waived the signature requirement, can we just efile the ProSeries statement with the tax return?