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Just a word of warning. A shareholder who had disallowed losses prior to 2021. Be careful. Those losses do not carry over to the 2021 basis worksheet.
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I noticed it as wll. Made a post regarding this already. I even called some clients to verify funds actually came out. Another thing that wasn't broke before, n...
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The thing is that has never happened in the past. They break things over and over that weren't broken before. Like I said, error makes sense if you're filing th...
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I noticed today that if you have a client who filed their tax return prior to April 18 AND set up automatic 2022 ES payments, PS will now give you an error mess...
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If the PTP has a net loss, not counting portfolio income, they will show as 0 on page 2 of Sched E and all the losses are suspended.
