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Folks, please try to keep posts here about this issue with ATX. I've moved two replies into a new pinned topic in the Drake forum for anyone wishing to give a testimonial or helpful advice to those who may want to test out Drake's software. Any future posts will be moved to the Drake or other vendor forums as appropriate. Thanks.

Margaret, I agree with your reasoning. This is how sites like Gofundme generally treat amounts collected, that these amounts are considered gifts for the person's wellbeing, treatments, or whatever the fundraiser is for. It isn't taxable income.

In the past, they have also given - free - prior-year full function programs in case you want to run some previously-done returns of your own. That was super-helpful to me when I switched. Plus, when I later had a new client with many years' unfiled returns, I was able to get ALL the prior year programs for those returns for free. I will note that was a few years ago; don't know if their policies have changed at all since then.

Two replies so far in response that have been copied from the original topic are: From @JohnH : From @Tax Prep by Deb :

FYI, this is corrected in ATX. I am not sure when it got fixed, but I think sometime in the last week. The CA 540 CA is now pulling over the correct numbers. Tom Modesto, CA

There might be some student loan interest or child support, or some other debt outstanding that the client hasn't disclosed to you. Call Richmond with the client. 804-367-8031 Use your best southern drawl. Works like candy.

We may be wrong but that's how I'd do it also. Any value in that 10 year old water heater is less than the cost of an appraisal.

I am inclined to agree with DANRVAN about the value of real estate versus depreciable equipment. Under theory, the equipment is worth less as time goes by, whereas real estate increases. What I ended up doing: Allocate the original value spent on the s. 1245 when new, subtract this from the total sale, and the remaining price is thus allocable to the s. 1250 assets. The result: s.1245 gains were depreciation recapture and ordinary income, and there was significant capital gains on the real estate as well as s. 1250 recapture capped at 25%. Something else to think about, and it's not very professional. I often wonder what an auditor would do and whether he/she would go to a lot of trouble creating an adjustment. In this case, the lack of an appraisal might cause heartburn with the auditor, but then he/she would have to write up an adjustment. In other words, in order to do his/her job, the auditor would have to use appraisal techniques and suffer from the same lack of appraisal as the preparer. My experience is if an auditor is confronted with a difficult and time-consuming detail with questionable results, they are inclined to back away.

Bart: If you'd gone to barber school you'd have become an instant tax expert without having to learn all those pesky details of actual return preparation.

Why, certainly not, John. You're too hard on your clients. I sent out several messages, calls/voicemails, a letter, etc. for a client for 1&1/2 months and she finally graced us with a call yesterday (almost didn't answer-thought it was another damned Google telemarketer). Said she'd have called earlier, but "you wouldn't believe" how much trouble they had endured since somebody stole their debit card info, plus Block gouged them horribly last year, plus this, that, and yak-yak-yak. Yes I would because (1) I've had a credit card stolen (2) when they (late-season price shoppers) first came in, hubby said "All I've got is a W-2." Then she drove us crazy for two weeks calling and adding entities/businesses. Then; they vanished for 45 days. I've got more bad news for them; their Block experience is getting a rerun. What a business! I should have (after ruling out brain surgeon) gone to barber school.

ATX values my business so little I don't even get a call from a rep ! I usually reup online. I too have been a client since the Maine days. Gee we ARE getting old !

Further checking Virginia is indicating not filed within the statue for refunds.