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I had a trust return earlier (2014 calendar year and final short year in 2015) so I don't think I had any carry over numbers. You may just have to input the beginning numbers. Yes, duplicate the return, rename. My efiling was rejected by ATX for reason of it already being filed. I called ATX and they did something to set it to go thru the efiling process. I will have an estate income tax return coming up with a FYE of 5/31/15 and another final short year ending in 2015. No, you don't have to wait for the 2015 forms or 2015 software.

I would list it as wages, so that the C matches with the 941's and 940. I use Cost of Labor for legitimate subs not employees.

Because the corporation has a short year that ends in 2015 and the 2015 forms are not yet available, the IRS will allow the final short year return to be filed on the 2014 forms. However, because the OP's year ended on 7/31, the final return's due date is 10/15 and its due date could be extended to 4/15/16 allowing the final return to be filed on the 2015 forms. I'd probably request the extension and file next year using the 2015 forms unless there is a state requirement that must be met by filing sooner or there is some other reason why an extension is impractical.

Don't forget to check out the "Fully Informed Jury Association" (fija dot org) for excellent info on juries and their rights, responsibilities, duties, and privileges. Those are significantly more substantial than judges and lawyers want you to know. Would LOVE to see you in Boston in Sept!

Fill in all the amounts accurately. The IRS will determine if/how much will be refunded to her. Nothing you can do to change the process.

You might be able to get a penalty abatement based on first time offense if that is the case. http://www.journalofaccountancy.com/issues/2013/jul/20137885.html You might get an abatement based on reasonable cause if you can formulate a plausible argument. I always take the approach of sending the CP2000 back to the IRS with the request for abatement attached and without payment. I request the IRS to send the client a corrected billing should the abatement request be approved and I tell the IRS that payment will be made post haste upon receipt of the corrected billing. Don't know if I am batting 1.000 with this approach, but very, very close to it for sure. Good luck!

Thanks for the sympathy, Catherine and others! I begin jury duty tomorrow for 'two weeks or until dismissed' and know it will be even more challenging trying to get answers and process that last return for 2 German citizens who finally got his ITIN last month. I really don't need this. So I will be in Boston again in September for a week and a wedding. Maybe we can have lunch again and I can see your new digs. Stay tuned! Hmm, the above should have been posted Sunday, somehow I goofed. Meanwhile, the attorney and I finally talked. Her advice was to provide the information from the irrevocable trust dates (grandfather July 2010, no cg, no tax; grandmother September 2013, small cg, no tax) and reiterate that, until the revocable trusts became irrevocable, beneficiary was only potential beneficiary and had no right to info prior. And she could call the attorney or engage a UK-US trust tax specialist and convince the trust attorney otherwise. Beneficiary is vacationing in Italy now so don't know when the fit will hit the shan! Once again, retirement looks better every day...

Ultra Tax is a great software, but pricey. I like ProSystem fx better, and saved money with pay-per-return. Both those are in a different league and different price range than either Drake or ATX. Only you know what your priorities are and only you know how you work. Get the demos of everything out there and try them out to see which work the way you think and which will handle your expected clientele now and for years to come. When you get your short list, then call the companies to negotiate prices on the ones you like best.

It's probably still the case (I switched to Drake during the 2012 fiasco) that if you sync with EFC, all the e-files you had previously marked as "complete" get un-marked complete. So make a list of the real outstanding ones first and you can mark all and just unmark the one or two.

Have you checked your ATX's site to see if the return has been accepted? I am assuming that you are using ATX. Every now and then I had a problem with a return being accepted but the ack never coming through to my computer. In ATX 2012, under the E-file Manager tab, under Support, under Customer Service Utilities, is an option to Synchronize E-File Info with EFC. You might try running that. Good luck!