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At the same time, I am going to ask her who is going to win the Super Bowl. She has a 1 in 4 chance of getting that one right.

Max: If she asks you why you are there, you should respond "You tell me." If she then replies "You're here to ask about IRS reclassification of IC's", please tell us what she said next.

Clearly not a 100% step up in basis since the property was acquired with joint funds. What is not clear is the ownership at date of sale. Partnership will terminate on date of death, unless his share held by estate until distributed to wife, then maybe 1/2 sale reported by wife and 1/2 to estate. Otherwise report as sold entirely by wife. However it is done, the total gain will end up reported by surviving spouse recognizing 1/2 stepped up basis, so the result should be the same. After termination of partnership, wife will report income on schedule E. Depreciation will have two components: 1/2 original basis and 1/2 step up basis. Assuming a Credit Shelter Trust was not involved.

Made me do a quick count from my web site logs. (I don;t currently track W7, since it is still possible to be viable, although not at the consumer level.) As of 2020, I have at least 80 customers using XP SP2, XP SP3, or Server 2003 30 using Vista, Server 2008, or Server 2012 Not a large percentage, but for the data they are responsible for, should be zero. These are customers who are not going out of business (at least willingly) for 2020. Given my experience, the numbers will halve each year, at best. Programming wise, provided one does not use "out there" Windows API calls, there is no programming need to prevent use with XP SP2 or later. Other factors can come into play, such as my preferred installation software vendor has dropped support for XP, which will eventually mean my software will not be able to install on XP either. Like when DOS died, I will eventually have to force people to make a decision, by preventing use on certain OS's. (We only provide support and only test with current OS, and strongly suggest using only current OS.) It has only been about a year since someone asked about a DOS version, even though we stopped creating them in the last century... Going through something similar now, with installation CD's (caused by the Wayfair ruling, and the low number of those actually needing a CD). The reality of current payroll processing is an internet available computer is needed, making a CD not needed, although some claim - despite web site logs showing differently - they cannot download because they have no internet access where they are. As an old timer once told me (back when I was not the old timer), "Only worry about the 80%. If you try to handle everything the last 20% ask for, you will muck things up for the 80%." I would add those last 20% are the ones who keep you up at night, and the ones which could be costing money instead of earning money. The ~110 count are not even a tenth of a percent (thankfully), so while I absolutely appreciate their business, when I have to force them to move up or along, it will not (much) make me lose sleep. If I have a point (It is first half of January, my mind is like yours must be April 15 or whatever your deadline dates are), is some will always be pound foolish, and some will get away with it. But, as good stewards of our customers, we must be penny wise.

That number will be lower on March 1, 2020. AND yes, there will be many computer running windows 7 in third world countries and many people in developed countries will be be using it on systems that don't manipulate critical information. But I am sure not many Tax preparers will be using in the US. Talking about Microsoft, I wish ATX would sell me ATX 2020 and in 2021 they would release Service Pack 1 for free... in 2022 they would release Service Pack 2 for free and in 2023, they would release service pack 3 for free and in 2024 they would force me to purchase a new computer system with ATX 2024. As much as I hate MS for forcing me to upgrade, they are still inexpensive. I wonder how many lines of codes ATX 2019 has and how many Windows 10 has.

I can understand people not wanting to trash a perfectly usable computer and operating system. For most of us, Windows XP worked fine and we did not see a reason to change other than Microsoft operates from a profit motive and can't make money if they don't sell products. And we feel the same way about Windows 7. But the reality is that we have to keep up with the security features required and if the only way to do that is to shell out a few hundred dollars for new computers, then that is what we have to do. Nobody can make us like, but we can be forced into it. I hate all the computers that wind up in landfills but by the time that I am personally certain the information on my hard drives and CPUs s not retrievable by an unscrupulous yet brilliant technician, the computer is not longer a computer - it is a hunk of expensive metals. And as far as I can tell, it will continue that way for the foreseeable future.