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Go to "Where's my refund" If a return has been filed it will tell you even if he owed

I just tried it on me because I haven't file yet. Then I tried it on a client who has filed but owed. And it won't work because both result screens were identical. So, not brilliant.

crying

We send faxes through an online system that keeps a copy of the fax and details of the time and date send and accepted. That being said, I would assume the fax is received and that he should act as if he is a sub-S and begin paying wages as of the election (assuming the corp has the income to do so.) When you file the return, you may include a copy of the 2553 and a statement that it was faxed on certain date and that the Taxpayer has acted as an S-corp since that time

If the trust got the 1099, received all the income and paid all the expenses, just file a regular 1041. In the first post it sounded like its only asset was the house, which it already distributed, but then it turns out it continued to collect income and pay bills. Sounds to me like it didn't end for income tax purposes in 2017, so why go through all the antics to get the 1099 reissued, the beneficiaries' returns amended, etc? It should end when it distributes its remaining cash and stops collecting rents.

Haven't you ever faked it?

And make sure to take them OFF the list for new season client organizers!

I think you'd need the refund amount, wouldn't you?

Brilliant!

The personal representative might be able to get a transcript online, if not, paper file the 4506T-EZ and attach court appointment letter.

I had the same situation, and attached PDF of signed 2553 to initial 1120S efile, just to be safe, and the IRS sent a letter saying 'you already filed this.' Couldn't they just have ignored it?!

Yes. I would like to keep it as simple as possible. To summarize, the sole asset of the trust was the rental property, which was occupied and producing income. The property was distributed in March, but the trust was not closed at that time, as it should have been. The trust bank account continued to receive the monthly rental payments and to pay the rental expenses, mort. int, prop. tax, insurance and some repairs. The property was managed by a property mgmt co. that issued a 1099MISC Rental Income for the entire year. There are two things that concern me. 1. Can the trust continue to pay the expenses of the rental (after Mar to the EOY) if the rental is no longer in the trust? 2. If the answer is Yes, then would the beneficiaries lose out on the last 9 months of depreciation, since the rental shows no income?

Something weird is going on here. The client paid back SS early in the year, which should certainly be on the 1099. Now the IRS is listing a different amount altogether? Wonder if this person had his identity stolen and someone else got the benefits? Or the repayment was credited to someone else? I would recommend that the client go to the local SSA office, receipts in hand, and get an explanation.

Over 19 years doing this as a sole proprietor and I have sent 2 accounts to collection - which was ineffective as well. We "usually" won't allow the tax return to leave the office, physically or electronically, until the bill is paid. But there's always someone who somehow takes advantage, and they are the ones you will never see again anyway. Never lost sleep over losing a client, really....

Thanks for the link. @BulldogTom, Since it was included as income on the IRS letter, and the SSA 1099 also stated it as payment with no repayments reported, I entered it on L20. Then I excluded the taxable portion as a negative on L21 with a detail statement. Since we are responding to a Letter, I will include the SSA statements that were sent as receipts to the client, as proof of repayment.

I have too many alter egos! And what day is it?!

The employer needs expert legal advice. A larger practice may be best, since there are employment (taxation and reporting) and company issues (liability for the work location for starters) which should no longer be ignored. The employer "opened" and "managed" a location in GA they have likely not been properly caring for.

Here is my suggestion....Take a look at how much the rental income was from the management company and then send your client a bill for that amount for cleaning up this monumental mess they created. They will fire you, and you will not have to worry about it, or they will pay you and you will be a happy worker. Win - Win baby!!!! Tom Modesto, CA

Well, today I sold my practice to a very capable young man! I have taken down my shingle and have entered retirement. I just wanted to stop in and say so long for now and to express the deepest sense of gratitude for each and everyone of you and the sense of comradiry we have had here. It is with the most sincere part of me that I say I wish the each of you the very best of luck and success in the days and years to come. May the Lord of all creation be your ever guiding light! And until we meet again.................