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Not enough for a PITA

I use temporary portals like send.firefox.com and sendinc.com. I tell clients to use these same free services to send me info. Both they and I feel better knowing it's temporary and their sensitive files aren't sitting out there somewhere to be hacked.

Are you calling in for technical support of the product or are you asking tax questions? Whether technical or tax-related, you could try asking here. Most of our members are long time users of ATX, are knowledgeable, and willing to help. Even if its a technical issue, sometimes others here have run into the same or similar problem and have something for you to try, or may have a workaround. In addition to calling technical support, as a user you also have access to the ATX official forum where you could trying posting, and there's a Facebook group called "ATX Tax Software Support Group" that you could join. That FB group is not the one linked to in our header, although you're welcome there too.

I would try paying using 1120, without the S. For some things, the IRS does not mak a distinction bewne S & C. It is not true that S-corps do not have taxes. Occasionally they do have some, starting on line 27 of 1120S.

You can't answer a question about cap gains unless you know what the other income is. Instead of speculating on the 6252, why don't you ask for copies of prior returns and a copy of the sales contract, then you will know what is going on.

Yes, it's a state tax paid by an entity, so the entity deducts the tax at the entity level. Partnerships and S-corporations only. Less entity profit to passthrough to personal returns; lower personal federal tax, supposedly to help make up for the SALT cap. Then that ever-shrinking percentage as a credit on personal CT returns. It was sold as a win-win for all. But, CT benefits the most. And, we tax preparers who have entity ES tax computations and CT tax credits and more forms with the entity returns and personal CT returns, more paperwork. A LOT of time explaining it to PEs during 2018 when the law was passed (in May or June?) and made retroactive to 1 January 2018, so everyone had missed one or two ES payments. I really need to raise my fees again this year!

I would want to see the return prepared in the year of sale and subsequent years. Then, if it was not properly reported in previous years insist on amending before moving forward.

How would someone, for the sake of discussion, be comfortable meeting the IRS data security requirements recently discussed here, while using a known outdated OS? Or, would someone be considered covered by E&O or other liability insurance if they elected to do something known to be unsafe (intentional act)?

At the top of Schedule 1 of the 2019 Form 1040 is the following question: "At any time during 2019, did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual currency? __Yes ___No" More work for all of us and more exposure of risk !