GoSystems Tax

Input contributions/distributions
1. 1. Organizer 2. Partner Information 3. Columnar Partner Entry 4. Go to the Contribution/Distribution tab 5. Add date and amount of distribution 2...
Mon, 23 Nov, 2020 at 4:50 AM
Input Property distribution
1. 1. Organizer 2. Partner Information 3. Columnar Partner Entry 4. Go to the Contribution/Distribution tab 5. Input date and total property distrib...
Mon, 23 Nov, 2020 at 5:08 AM
Federal E-file Set up
Step 1 Organizer Federal E-file Check Enable E-file Step -2 Under Federal E-file Create E-file Check Create E-file box 1. Org...
Mon, 23 Nov, 2020 at 4:27 AM
Federal Extension E-file Set up
1. 1. Organizer 2. Federal E-file Extension 3. E-file Extension 4. Check Enable federal e-file extension box 2. 1. Organizer 2. Federal E-file Exten...
Mon, 23 Nov, 2020 at 3:57 AM
State E-file Set up
Organizer States State E-file Enable/Create Returns Check enable box of the state Create E-file
Mon, 23 Nov, 2020 at 5:42 AM
Letters & Filing Instruction
Organizer Letters & filing instructions General Options Separate letters & filing instructions Letter options select returns/extension/estimat...
Thu, 8 Oct, 2020 at 5:52 PM
Inputs and filling out Form 5471
Part I Organizer Foreign Information 25% Foreign Owned Corporation Common Information Line 1a-e, g - No need to fill out C Corp name , address & E...
Mon, 23 Nov, 2020 at 6:14 AM
Inputs and filling out the form
Organizer Foreign Information 25% Foreign Owned Corporation Sec 250 for FDII and GITLI General Information
Thu, 8 Oct, 2020 at 6:17 PM
Accumulated Depeciation calculated automatically by system for Balance sheet reporting
Organizer Balance sheet and Reconciliation Schedule L Schedule L Compute Options tab Accumulated Depreciation Box Check second box that says Add curre...
Mon, 23 Nov, 2020 at 3:06 AM
Report CA LLC tax (usually $800)
CA LLC Tax that is nondeductible (usually $800) and CA LLC fee that is deductible.   Please see below for all the steps needed to handle this tax on the CA ...
Tue, 16 Feb, 2021 at 1:28 PM