I converted over from Visual Tax .
Is there a way for Taxcycle to roll forward the prior yr’s invoice amount otherwise I have to open up last yr’s file from Visual Tax to check amount billed which is time consuming.
Is there or can there be an option to share the CCA 50% with co owner on the rental schedule? The CCA schedule would be easier to update and maintain if the additions were at 100% , then the CCA for the yr would be deducted at 50% after the 50% share of NI is allocated on the rental schedule. Otherwise you have to split the additions and disposals all the time 50/50 which is extra time plus have to remember the amounts on the CCA schedule are only 50%
Is it possible to add a allocation % line like in the medical schedule to allocate 100% for example to either spouse.
It appears you have to go to the optimization worksheet to override which spouse takes the donation. Sometimes the family net tax owing is the same either way but one owes more than the other so better to allocate or force donations on other return to reduce the higher person who owes more. would be so much easier than overriding the opti screen.
Thanks for the help