I am having difficulty completing my California return for my Virginia LLC due to issues with apportionment, particularly with capital gains. I have a Sec. 1231 gain from selling a townhome in Virginia and am using Schedule R. I placed the gain on line 13 and a zero on line 32, but the form does not accept the zero, and it does not carry forward to Schedule D-1 and Form 568. I am unsure if I am completing the forms in the wrong order or if there is another issue. Can you provide guidance on the correct order to complete CA Form D-1, Sch K, and Schedule R, and how to handle the zero issue?

September 26th, 2024

Where's my economic impact payment?

May 15th, 2024

An employee is on W2 but is due $10,000 in back pay. The back pay will be issued via a separate check and the employee requests no withholding. What is the issue with back pay being issued as 1099 income?

June 24th, 2023

We did not receive our second stimulus check. We are 57 years old with 1 dependent, married filing jointly, and our 2019 adjusted gross income was $75,415. How can we check the status of our stimulus payment and what should we do if we still haven't received it?

July 19th, 2024

I'm trying to file my taxes on TurboTax, and they want my AGI from my 2019 taxes, which I can't find. How can I obtain this information from the IRS?

October 15th, 2024