Do I need to attach the tax payer's foreign income tax return (in the foreign language) to substantiate the entries in form 1116?After I send out the e-file aut... read more
I'm working on a 1065 and I am attempting to enter a disposition date on an asset. I click the details screen and when I click the disposition tab, I'm unable t... read more
Using Proconnect. When preparing an FBAR that has multiple accounts in the same bank, is there a faster way to input this information? The only way I know to do... read more
I have a MFJ client with a rental property LLC (they are both 50/50 owners) in a non-community property state (OK). They file their 1040 in Texas. I understand ... read more
Having issues with flow of an error free 1120-s flowing into NC and CO returns without needing to enter overrides. Apportionment and Allocation do not work prop... read more
I have a foreign direct shareholder that I need to report in Part II of Schedule B for Form 5471. However, the foreign shareholder does not have a SSN number. W... read more
On the "Other" expenses field for a Schedule E rental property, I need to add an expense that is only for the state return and not for the federal return (it's ... read more
As a paid tax preparer and e-Filer, what safeguard I should take to complete and fulfil the IRS due diligence requirements in the preparation of tax return for ... read more
The usual capital loss carryover fields only provide the prior 5 tax years (which is correct). Foreign expropriation capital losses can be carried forward 10 ye... read more
I just e-filed a 040. Then I noticed that I forgot to enter a short-term loss carryforward on Schedule D.Is it too late to stop Intuit from transmitting this to... read more
I am looking for Form 4868 on an extension that was timely filed. I show the proof of filing, so I know it was filed but the actual Form 4868 is not available t... read more