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  2. After a bit more reading I came upon this "Grantor trusts automatically convert to non-grantor trusts upon the death of the grantor because the grantor is no longer alive to file a tax return. Any distributions made by the trust at that time would be taxable to the beneficiaries who receive them". I rather think this is the answer I am searching for and I check the Simple Trust box and wrap this up. What do you think?
  3. Pro tip: Delete the 1099G for tax refunds and just enter the refund on the worksheet, if it's even taxable. We haven't had one taxable yet this year, due to SALT limits or just not itemizing last year.
  4. Those which I efiled prior to 1/31 have all been accepted. However, the corrected ones efiled 2/4 and 2/5 await their ACKs
  5. gfizer

    ATX 1099's

    None of mine filed on 1/31 have been accepted either
  6. ILLMAS

    ATX 1099's

    Hopefully it's not the same issue with stuck 1040's
  7. Today
  8. I thought I had this trust matter concluded but on filling in the Form 1041 I am left unsure which box to check for the trust description. We used the decedent's social security number and filed trust income on her personal return through the year of death. Now that she is gone the trust will need to report income for two years 2020 and 2021 and will be disolved thereafter. The income after deductions is distributed to her two children each year. All of this is no problem my concern is that this looks to be a simple trust whereas a grantor trust has a more complicated filing structure which I simply am not going to tackle.
  9. grandmabee

    ATX 1099's

    None of mine have been accepted. I did sent them out 01/30 and 01/31. Does make me nervous.
  10. Dave T

    INH-2010 ?

    Thank you Gail and others. Dave T
  11. That is the # provided by one of our members that practiced in GA, and that is also listed on other documents I've found on the internet showing as correct for the GA Department of Revenue as used by the state's unclaimed property division. If you have a different number, please provide it to us and I'll update the listing. Thanks.
  12. If you are really concerned (and the church folks don't know - by referral or other means - about the other members being clients) you could send out another email the same way, apologizing for accidentally sending a test email to a church list. That way it looks like you were trying to figure something out, using a "safe" list, and that no one else on the list is actually a client at all.
  13. Mine have not been accepted as of yet. The ones that I efiled earlier have all been accepted.
  14. Things happen. I get this via school and other non work "groups" every now and again. I usually let the sender know of their boo boo. The majority will never notice the mistake, and it is very rare when someone would try to do anything with the list of valid emails they were accidentally sent. Personally, I ignore any such confidentiality notice. Why? If sent via a regular email, the sender already knows the message cannot possibly be considered confidential, making the notice moot and a WOBW (waste of bandwidth). If the message might actually be confidential, then regular email should absolutely not be used to send.
  15. Thanks, Judy. That happens with the church folks on occasion, too, but I never talk about anyone else's business. ILLMAS, here is the bottom of each email: Margaret Champion MBA, CPA 6902 Moorfield Drive Cincinnati OH 45230 513.232.4633 Telephone Margaret@Champion-CPA.com 513.232.2752 Fax www.Champion-CPA.com IMPORTANT NOTICE: You are hereby informed that any U.S. federal tax advice which may be contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein. IMPORTANT CONFIDENTIALITY NOTICE: This message contains information that may be confidential and privileged. Unless you are the addressee (or authorized to receive for the addressee), you may not use, copy, print, or disclose to anyone the message or any information contained in the message. If you have received this e-mail in error, please advise sender by reply or by telephone at 513.232.4633 and delete the message. Thank you.
  16. I believe that INH-2010 refers to property from a person deceased in 2010 whose executor made the election to file form 8939 for the property. That is the form for the allocation of an increase in basis for property acquired from a decedent.
  17. Do you happen to have this on your email? CONFIDENTIALITY NOTICE: This communication is confidential, may be privileged and is meant only for the intended recipient. If you are not the intended recipient, please notify the sender ASAP and delete this message from your system.
  18. No, and yes. If you mention it, then some may want to go back to look more. Let it go because if the church members are close and have come of referrals within the group, chances are they all know you handle each others work anyway. I have a bunch of unrelated older clients that are friends, coworkers, or neighbors that bring me each others tax data. Depending on which one comes earliest, they might bring two or three other clients' papers with them, and sometimes the envelopes or folders aren't sealed. Am I supposed to pretend that those folders being handed to me don't exist or are invisible?
  19. I don't know what, if anything, you can do at this point that won't make matters worse. I feel your pain! Maybe someone else will have a suggestion, or if anyone says something about the someone else on the list, I guess you could always blame it on two lists getting mixed up but I don't think you can take it back at this point.
  20. I sent out an email to my clients having prepared a group list, Tax Clients. First time for this group. I sent an explanatory message about Versifyle and the intention to use it, should they choose. Normally I would, of course, send the email to myself and BCC the group. I forgot to do that this time and found out only today when one client replied to it. My horror when I saw all the clients and emails listed on the original! The vast majority of those have no clue who the others are but about 6-8 are all members of my church. I have never discussed anyone with anyone else AT ALL but they have informally referred others to me so it's mostly an open secret amongst them. Should I do anything? Would it draw maybe unnecessary attention to this? I feel pretty horrible right now and at a loss.
  21. TaxmannEA

    ATX 1099's

    Mine have all been accepted.
  22. Lion EA

    INH-2010 ?

    I think it has to do with inherited property, which is not your case. You probably want to enter Various and then Long Term, however you do that in your software. (In mine, I enter 99/99 for the software to enter Various, and I enter L for it to be treated as long term.)
  23. Possi

    INH-2010 ?

    I have never seen that. Maybe it means "inherited" and it's long term.
  24. Dave T

    INH-2010 ?

    Working on Dad's tax return ( he passed in 2019.) During 2019 he sold a number of assets to pay his nursing home bill. The brokerage statement shows these transaction but one in particular has 'Unknown" for date of acquisition. I know that he purchased this one stock many years ago so am sure it is long term but not sure of the date. I tried putting 'Unknown" in the date acquired field and received an error message stating valid entries are, Various, a Specific Date, or INH-2010. Not sure what this last item is but seems to work when entered. Anyone know what this stands for? Thanks Dave T
  25. ILLMAS

    ATX 1099's

    For those that use the ATX payroll software to submit 1099's, are you still waiting on approval? All the returns I submitted on 1-31-20 have not been accepted yet. Thanks
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