Have you considered ProSeries Professional? I switched from TurboTax to ProSeries for my personal return because of similar issues with investment reporting. It's designed for professionals but isn't overly complicated once you get used to the interface. The K1 input screens are much more comprehensive and it handles the flow-through calculations automatically. It's not cheap (about $500 for the basic package) but worth it for complex returns.

Former tax professional here. Consider going with ATX Professional. It's less expensive than most pro options (around $350) but handles K1s beautifully. I used it for years in my practice and it's particularly good with investment partnerships. The learning curve isn't too steep if you're already tax-savvy enough to spot CPA errors.

Just wanted to add that if you're using tax software like TurboTax or H&R Block, they usually have built-in help for IP PIN issues. Sometimes they can guide you through the retrieval process or even help you file without it in certain situations. Also, if you're married filing jointly and only one spouse has an IP PIN, you'll need to get one for both - learned that the hard way last year! 😅

If you're still having trouble getting your IP PIN, there's another option that might help - you can actually visit a local IRS Taxpayer Assistance Center in person. They can help verify your identity and get you set up with an IP PIN on the spot. You'll need to bring photo ID, Social Security card, and proof of address. It might be worth calling ahead to make an appointment though, since walk-ins can have really long wait times. The IRS website has a tool to find the nearest location to you. Sometimes the in-person route is actually faster than trying to get through on the phone!

This happened to me too! Check if you received cost sharing reductions (CSR) with your plan. If you had a Silver plan with cost sharing reductions but your final income came in above the CSR threshold, you might lose those reductions even though you still qualify for premium tax credits. This doesn't affect the premium itself but could explain why your refund changed. Also, make sure TurboTax didn't accidentally check the "married filing separately" box which makes you ineligible for premium tax credits in most cases.

I've seen this exact issue several times, and it's usually related to the benchmark plan calculation when you move states mid-year. Since you moved from Nebraska to Colorado in June but kept your Nebraska marketplace plan, the system needs to calculate different benchmark premiums for each state period. Here's what likely happened: Your 1095-A shows the advance premium tax credits you received based on Nebraska's benchmark plans for the full year. But for tax purposes, once you moved to Colorado, the calculation should use Colorado's benchmark plan costs for June-December. Colorado likely has different (possibly higher) benchmark premiums than Nebraska, which would reduce your allowable premium tax credit for those months. The good news is this can often be corrected. In TurboTax, when you're completing the ACA section, make sure to indicate that you moved during the year AND that this move affected your marketplace coverage. This should trigger the "alternative calculation for year of move" option on Form 8962. You'll need to enter separate benchmark amounts for your Nebraska period (Jan-May) and Colorado period (June-Dec). If TurboTax isn't offering this option, you might need to override the automatic calculation and manually complete Form 8962 using the worksheets in IRS Publication 974. The key is getting the correct benchmark premium amounts for each state during your respective residency periods.

If u cant get thru on phone try taxpayer advocate service. They helped me sort this out last year but took like 2 months ngl

Been through this nightmare myself last year! Here's what worked for me: 1) Get your account transcript from IRS.gov first - it'll show if there's any suspicious activity 2) File Form 14039 (Identity Theft Affidavit) online even if you're not 100% sure it's identity theft 3) Try calling the IP PIN line super early (like 7am) or use the callback option if available. The whole process took me about 3 weeks but I got it sorted. Don't panic - you can file an extension if needed! 🙏

Don't forget about COMMUTING miles vs BUSINESS miles. This tripped me up my first year with an S corp. The miles from your home to your primary business location are considered commuting and are NOT deductible, even with an accountable plan. Only miles from your office to client locations, between different work sites, or for other business purposes can be reimbursed. I lost about 30% of my claimed mileage last year because I incorrectly included commuting miles in my reimbursement request. Had to amend returns and it was a huge headache.

One thing I'd add to this great discussion - make sure you're properly documenting the BUSINESS PURPOSE for each trip, not just the mileage. The IRS requires more than just "business meeting" in your records. For each business trip, you should document: - Date and time - Starting and ending locations with addresses - Business purpose (specific client name, type of meeting, etc.) - Total miles driven - Any personal stops (which you'd subtract from business miles) I learned this the hard way during an audit a few years ago. The IRS agent wasn't satisfied with generic entries like "client meeting" - they wanted to see "Meeting with Johnson Construction to discuss Q1 project timeline" or "Picked up materials for Smith renovation at Home Depot." Also, since you mentioned using Gusto for payroll, they have expense reporting features that can help you track and submit mileage reimbursements properly. You can set up recurring monthly submissions so you don't have to do everything at year-end like you're planning for this year. Good luck with your first year as an S corp!