myICLUB Club Tax

Any questions relating to the online tax preparation that is available for the myiclub.com accounting web site.

• Trying to e-file a state tax return, and the software or page displays a message that the number of Schedule K1 forms in your return is less than 2.
• Forcing a qualified dividend / non-qualified dividend
• Our club is an LLC - the K-1 is reporting LLC member; is that correct?
• Why does BetterInvesting / ICLUBcentral / myICLUB require we enter SSN in myICLUB?
• Filling out personal taxes after a full withdrawal - Form 1040 and 8949
• Q&A on K-2 and K-3 forms
• Club is assigned a state tax ID number (SEIN) by the California Franchise Tax Board.
• Message that the site is insecure, or may not have a valid security certificate
• Maryland myICLUB Club Tax Questions
• Georgia State Tax Prep Questions
• Wisconsin State Tax Form Questions
• States that require a club to file a return if any member is a resident.
• Business Code Change on 1065 - 525990 changed to 523910
• Filing Dates for State and Federal Taxes
• Infrequently used sections of the tax forms - Schedule L , M-1, M-2 , Section L of the K-1
• Form 8822-B Change of Address or Responsible Party
• Form 8949 -or- Form 1099b Cost basis does not match club or tax forms
• Members all listed as non-resident on state tax forms
• Total Assets, box F on the 1065
• ICLUB software and services on iPad or Android Tablets
• Missing pages or stocks - form 8949 - myICLUB Club Tax
• Acrobat failed to connect to a DDE server
• My broker statement or 1099 does not list individual blocks
• Enabling Cookies on your web browser
• Why does the NJ state tax form say my club is a hedge fund?
• How do I use myICLUB Club Tax?
• Why do I need to choose what cost basis was or was not reported, when working on the club's taxes?
• When will myICLUB Club Tax software be available?
• How do I prepare my taxes?
• How can I change the text size on a web page?
• What does Error 484 mean, or why do I get a message about getting printer information from the system?
• What does "See the Partner's Instructions" mean on the K-1 instructions, and where are they?
• Capital Gains on Schedule D do not match totals on IRS Form 1065
• When should we use IRS Form 8893?
• One of our club members has more than 50% ownership in the club at tax time, is this a problem?
• Is there a Capital Loss Limitation for partnerships?
• We received a "Serious Error" message when allocating income or running taxes. What does that mean?
• Can our club file for an extension?
• Our club received paperwork stating that the broker has withheld federal income taxes on certain dividends (backup withholding). What do we do?
• Why pay for tax forms I can fill out easily by hand?
• We received, or were told to expect, a form 2439 from one of our REIT securities. What is that?
• Our Club Doesn't Have To File Any Forms, why should we buy the Club Tax Software?
• Why is the club's EIN typed over on my tax forms?
• Do I need myICLUB Club Tax for my state?
• Can we use Election 754 ?
• When will myICLUB Club Tax be ready?
• Why don't my current members have K-1 forms?
• How do we handle Limited Partnerships (LP) and Master Limited Partnerships (MLP) that issue K-1 forms?
• There's a small difference in amounts between my tax forms and my 1099, how can I correct this?
• Why doesn't the Distribution of Earnings or Allocation of Income and Expense report match my 1099?
• What is the 1065 form?
• How does the club pay taxes?
• What do the members do with their K-1's?
• The decline in club assets from a member's withdrawal isn't showing up on my K-1. Where do I report this?