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ProSeries TaxExperience: 22 years
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Client sold a short-term Airbnb rental at a gain. Question: Is that subject to NIIT? Some research indicates they need active participation (in addition to bein...
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In my case we elected the Simplified AMT limit in a prior year and apparently once you do that you can't change without IRS approval. The election is made on Fo...
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Proseries is telling me a return is not eligible for efile because we elected the Simplified AMT foreign tax credit limitation. It was apparently elected first ...
