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Already did, congressman and senators. Unfortunately they're all on the other side to do much good. I hope everyone writes too. This is a real disgrace.

I'm with FDNY; my legis-vermin are all on the wrong side for getting anything useful out of the IRS. But I'll write to them anyway. FYI, everyone, the various offices use a very sophisticated method for figuring how people feel about matters: they *count*. So, if you call, email, fax, and write, your position gets four slots. Do it!

Instead of complaining, whining, pizzing and moaning, DO something. Send a message to Washington - https://www.whitehouse.gov/contact/ - to your congress person, senator, house ways and means committee. If you belong to NAEA, AICPAA, NFTP, or any other professional group, contact them as well. Basically, my message was that the proposed 1040 is an exercise in bureaucratic, big gov't waste and inefficiency to create 8 pages out of two, something the President had promised to fix. If enough voices are heard, maybe someone will listen.

Are you picking up the $2,700 as income? You can not have it both ways, i.e., take a deduction and not include the income used to generate that deduction. Without the income, you have no basis. That is where you need to start with this. After that, if it was truly a rent with option to buy, the option was exercised in 2018 and you would put the $2,700 on the depreciation schedule for 2018.

You roll over each client's first quarter file and then rename it (e.g , add Q2 to the end). There is a separate tab for monthly/quarterly roll overs. You'll use the annual roll over tab to roll the third quarter over to the fourth quarter (which must be done in next year's software).

I've heard repeatedly that calls carry much more weight because calls take more time and people to handle, so they get noticed and are harder to ignore.

Win 10 is not inevitable. If I had to buy a new computer, I'd go with 8.1, which is what all of my computers are on now. It will get you more used to 10 since 10 is largely based on 8.1, but you'll avoid all the issues of 10. They haven't released the 18 requirements yet, but I doubt they'll change at all from 17. Always try to exceed the best requirements. And, definitely go with a solid state drive (SSD) over a spinning hard drive (HD). You'll see here that ATX has recommended 8.1 over 7 for several years now.

I think if your client could have claimed the dependency exemption except for the divorce, then they are still entitled to the HOH status and EIC because age is not the controlling factor - his being a student is in this particular case. It would be the same if the child were over 18 and permanently and totally disabled. I don't have a cite for this off the top of my head.

Thanks to all. I think the information in the link is definitive and clear. The situation calls for charging a timecard and billing as a consultant for the exact same duties. I advise against.

Hey, why not?! What two concepts occur (and are used mathematically) everywhere in science and engineering, but do not exist in our universe? True randomness. Infinity.

@JohnH's sig line, "In theory, practice and theory are identical. In practice, they are not," leads to this response: I want to live in theory - EVERYTHING works in theory!

Wait until this happens: https://goo.gl/images/hrNADB

It's definitely an increase in pages... with a lot of white space. Paper companies are happy.

Under the TCJA, I don't believe any theft losses will be deductible. Also, Casualty Losses will only be deductible if they occurred due to a Federally declared disaster.