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Lee B

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Everything posted by Lee B

  1. That means that the return has been selected for additional scrutiny by a live person. Until the return is actually assigned to to someone, you won't be able to find out much if anything.
  2. When you go to "Where's my Refund" what does it say?
  3. "Being wrong is the only way I feel sure I've learned anything" Daniel Kahneman - Nobel Prize in Economics ( 1934 - 2024 )
  4. I made this post "tongue in cheek" However, I do think that in a few more years, many preparers will be using generative ai to answer their tax questions. That will be sad because the participation on this board may drop significantly
  5. Lee B

    Land Trust

    "Land trusts are not “trusts” in the legal sense. Some, in fact, refer to themselves by other names such as conservancies, foundations, or associations. Land trusts accept donations of properties, buy land, or help landowners establish legal restrictions that limit harmful use and development." You may need to ask more questions?
  6. Lee B

    ATX Renewal

    I used Drake Pay Per Return this tax season. It cost $355 which included 10 personal tax returns.
  7. I have no problems or any delays receiving acknowledgements with Drake, Federal or Oregon.
  8. To claim the LLC, you must meet all three of the following: You, your dependent or a third party pay qualified education expenses for higher education. You, your dependent or a third party pay the education expenses for an eligible student enrolled at an eligible educational institution. The eligible student is yourself, your spouse or a dependent you listed on your tax return
  9. Lee B

    Drake Support

    Drake Support will be open from Noon until 6:00 PM EST on Sunday, April 14th. This is a big indicator that the Drake family is no longer in charge.
  10. Once in awhile there is a client that no price is high enough!
  11. There may well be other land improvements that were overlooked back in 2017. Usually farm fencing is a 15 year asset.
  12. Either ignore the W 2 and don't file or paper file the return.
  13. Yes, when that happens it is frustrating. I have several business clients that make it up as they go along, don't ask questions and then I have to play detective figure out what they are doing.
  14. Because omitting the depreciation for more than one is consider to be the adoption of an incorrect method which is handled by filing a 3115.
  15. This plot is worthy of an "Outer Limits" script
  16. I would file the 3115 , deduct the depreciation and handle this situation correctly.
  17. I have a current rejected return due to the spouse's unentered IP Pin. My clients say that she never applied for a IP Pin. My clients are elderly and are not proficient with computers. Just curious, has anyone had a return rejected when there wasn't an IP Pin to be reissued?
  18. If your client's daughter goes to the Americorp website, there should be an explanation for her W 2. Americorp has different programs with some strange tax rules that apply.
  19. i have a client who is 83 years old who is a business owner and is still very sharp and with it.
  20. I have a client who doesn't want to mess with making 4 different estimated payments, so I combine her estimates and she makes one payment on April 15th.
  21. Lee B

    IT friends

    I am on Windows 10 also. I am going to wait and see how expensive Microsoft Extended Service Agreements will be.
  22. Lee B

    IT friends

    I think I will wait for Windows 13
  23. Lee B

    IT friends

    Most of us don't have your years of knowledge and experience.
  24. Lee B

    IT friends

    Perhaps you need an IT professional to do some maintenance
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