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Sounds like you have things under control. You'll need two transcripts since two returns were filed, one under each Social Security number. The initial late filing penalty is likely eligible for first time forgiveness. Good luck!

"The QCD can’t be distributed to you first and then donated; instead, the money must be transferred directly to the charity, and if a check is issued, it must be made payable to the charity." https://www.kiplinger.com/article/retirement/T054-C000-S004-ira-qcd-rules-qualified-charitable-distributions.html

Exactly, just had Charles Schwab do precisely that for my own QCD's earlier this month.

Thanks! That is what I thought. I just found out that it is not Wells Fargo. My clients had used WF previously for their QCDs but changed to a local financial company. This guy is apparently clueless and does not want to take the time to look anything up. I told them to have him reissue the checks again and to try to do it correctly. Bonnie

I have it in a file and can copy/paste it when needed. The same is true for ALL of my software. It's called being organized.

I Have a sheet printed from website with all past years Max and Payroll. Need to be prepared at all times. And I was never a boy scout.

I have it in a secure file on my computer, with a link on the desktop. ATX has been using the code for verification for at least two prior years. No need to memorize, when I have it in a file.

Client went to HRB to prepare his taxes, apparently the employee did the return on the side. He bungle the return. File husband as single with a huge tax bill File spouse as HOH with a small refund using the rental property address. On top of that he left out the 3 family rental and other info, plus filed the returns late. I guess my starting point is to amend the TP return to include the spouse and then include the rental and other adjustments. I requested a transcript, because I am not sure what info was submitted to the IRS. There would be a penalty since it was filed on 10/22/18. I therefore would have to seek a waiver of the penalty. Your invaluable thoughts would be helpful. Thanks Deo

Fresno State 31, AZ State 20. Fresno gets its 12th win of the season, most ever in school history. What a great team! What a great year! Hope nobody tries to steal our coach.... Tom Modesto, CA

Clients lose any paper you give them. I charge $20 for replacement copies of tax returns. That seems to be the tipping point to motivate people to look...

I was in a seminar where we went over all the new schedules. What the redesign has done is cram the totals onto two "postcard" size pages where the font on page 2 is so small it's difficult to read (should be illegal) and there is not enough room to write legibly--IRS will have a hard time deciphering those mail in returns and I don't know how small the font in our tax programs will go to cram all the digits into the 1/2 inch spaces allotted. Notice that all the pages on the new schedules have line numbers that correspond to the old 1040. Maybe even the IRS doesn't believe the new format will work and is keeping those line numbers so they don't have to re-re-write all the instructions? There are two schedules devoted to "tax," one of which has two whole lines and another to total them. A whole sheet of paper for three lines??? Oh, and if you want your tax preparer to be able to converse with the IRS, that's a whole schedule too (coupled with foreign address for some reason)--it used to be just a check box. As for increasing traffic, in our office we've already decided we don't want this traffic. People are going to DIY and be unhappy with their refund, not realizing that their withholding was lowered so they had much less taken out to get refunded, and even though tax rates went down they may have lost enough in exemptions and itemized deductions no longer allowed that it doesn't make up the shortfall. We will do what we always do--accept no cold calls from potential clients going through the phone listings and maybe take some referred by trusted existing clients. We are not inclined to meet new clients who really just want us to double check their Turbo Tax results!

First question is WHY is he getting a W2 from a partnership he owns? He should be getting "guaranteed payments" on a K-1, subject to SE tax. At first glance there are more problems than merely "does this get the reduction" going on.