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  • Boy after saying how much I missed chatting with you folks I sure got some interesting post. I never knew there were so many interesting stories about pigs.
    rcooley25 Level 9
    ProSeries Basic
    posted May 20, 2022
    Last activity May 20, 2022 by IRonMaN
    1 1
  • Under a 2022 divorce settlement the husband must sell the condo he owned solely, that they lived in together, and pay the proceeds to his wife in lieu of paying... read more
    kirkavery Level 2
    ProSeries Professional
    posted May 20, 2022
    Last activity May 20, 2022 by Accountant-Man
    3 1
  • Clients sold the business. Sold 720,000.00 cash payout 510,000.00 split between two partners. Installment sale for the remaining 210,000.00. Each partner receiv... read more
    Brainstrom Level 3
    ProSeries Basic
    posted May 20, 2022
    Last activity May 20, 2022 by IRonMaN
    1 1
  • I have 2 clients that died in 2022 whose Estates will need to file Form 706. One died in January and the other in April. The 706 form will be due in October for... read more
    kevin72966 Level 2
    ProSeries Professional
    posted May 20, 2022
    Last activity May 20, 2022 by sjrcpa
    4 1
  • Now that the regular tax season is over I find that I miss chatting with all of you folks.
    rcooley25 Level 9
    ProSeries Basic
    posted May 20, 2022
    Last activity May 20, 2022 by Just-Lisa-Now-
    33 13
  • My client is a day trader and he reports his gains and losses on his S Corporation. He wants to make the Mark-to-Market election so he can treat his sales as or... read more
    majoco Level 1
    ProSeries Professional
    posted May 19, 2022
    Last activity May 19, 2022
    0 0
  • Client has 1099-Int and within the paperwork there is an amount for "Noncovered Bond Premium on Tax-Exempt Bond" and an amount for "Muni Accrued Interest Paid."... read more
    Futch2010 Level 2
    ProSeries Basic
    posted May 19, 2022
    Last activity May 20, 2022 by Futch2010
    2 2
  • Hi:I have a Sub S Client with distributions in excess of Stock basis mainly due to taking Bonus depreciation on several financed Equipment. . I understand that ... read more
    M PENSKE Level 1
    ProSeries Professional
    posted May 19, 2022
    Last activity May 20, 2022 by abctax55
    12 6
  • Taxpayer sent me letter she received from WI DOR indicating refund on the 2021 WI Fiduciary return.WI taxable income was $111,717 and software calculated the ta... read more
    meo Level 2
    ProSeries Professional
    posted May 19, 2022
    Last activity May 19, 2022
    0 0
  • Somehow Schedule B question 14 (foreign partners) got answered YES when the correct answer is NO. (Always has been answered no as both partners are US Citizens ... read more
    jeffmcpa2010 Level 11
    ProSeries Professional
    posted May 19, 2022
    Last activity May 19, 2022 by jeffmcpa2010
    5 4
  • Executrix filed final 2020 federal 1040 income tax return for her deceased father VIA mail over one year ago, and she still has not received the refund or any o... read more
    PATAX Level 13
    ProSeries Professional
    posted May 19, 2022
    Last activity May 19, 2022 by PATAX
    22 7
  • Hi allI filed an extension, paid zero.Final return s ready to file. TP owes $200, Proseries asks for $199 by check and allows $1 to be deducted electronically. ... read more
    nolanm Level 4
    ProSeries Professional
    posted May 19, 2022
    Last activity May 19, 2022 by dkh
    5 1
  • A newly graduated student applied for the RRC on 2021 Return filing as Single nondependent of parents. Received Notice disallowing the $1400.00 RRC claiming err... read more
    JRC Level 8
    ProSeries Professional
    posted May 19, 2022
    Last activity May 20, 2022 by JRC
    6 10
  • I have 2 customers that have their decedents trust to finalize.1099-S for home sale on one has no income on the Proceeds box. Other was not issued, just escrow ... read more
    acubooks Level 1
    ProSeries Professional
    posted May 19, 2022
    Last activity May 19, 2022 by Just-Lisa-Now-
    8 2
  • Dear Team,I have a client who owns PFIC and I am filing his 2018 return. Can you please share your ideas to update PFIC details in PS 2018 locator as I didnt fi... read more
    Abhilash Jossy Level 1
    ProSeries Professional
    posted May 19, 2022
    Last activity May 19, 2022
    0 0
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