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Showing content with the highest reputation on 05/05/2018 in Posts

  1. That's called a 'durable' power of attorney.
    2 points
  2. I am in the New Orleans area, so far removed from Dustin. Thanks, CATHERINE
    1 point
  3. A wash sale occurs if the security is sold at a loss and the purchase of substantially identical security occurs within 30 days of the sale, either BEFORE OR AFTER the sale. This is why we see wash sales that occur with any mutual funds or drip plans that are sold at a loss during that 30 day period after dividends are reinvested.
    1 point
  4. They also expire with a person's incapacity *unless* they are specifically written to cover that contingency.
    1 point
  5. POA's are worthless for everything to everyone when the person dies. POA's die with the person.
    1 point
  6. Yikes, so any override on Sch A is not included in the totals. Can we get a red error, ATX?
    1 point
  7. People should always die owing money. So much easier. If someone calls for a single decedent or close to death client who was making estimated payments, I always advise them to not pay any more estimated, in the hopes the decedent will owe and we can efile.
    1 point
  8. It hurts me to type "IRS adjusted numbers". I feel your pain....................
    1 point
  9. I also lump together all Goodwill. Ditto for Epilepsy Foundation, Big Brother/Big Sister, and some of the others that are common around here.
    1 point
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