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In NY these contributions have to be added back into NY income. But then you do not pay NY income tax on any the distributions after you retire. Not a bad deal.

Hang in there, Bonnie. Come talk to us anytime, about anything.

ATX will charge you for the transmission. $5. Unlimited efile is only for the current year. It is pay per transmission for prior years. Tom Modesto, CA

The TaxProJournal article? Maybe have to be a subscriber. Let me see if I can post the full article.

Here's their website link: http://ataxprof.com/ Click on Tax Pro Newsletters to get a long list of recent e-newsletters. And, try this email address: [email protected] Put SUBSCRIBE in the subject. They're a small outfit, so I don't know how often they'll add to their list during tax season. But, they do answer questions promptly. They bill monthly, but not during tax season. If you ask a question now, you'll probably receive an invoice 1 May. They take checks only. Both Mary & David Mellem are great people, tax preparers, and speakers. The NY/CT-ATP frequently uses them for our all-day October Seminar.

Public defined-contribution pension, like a 401(b), for federal purposes. As Michael said, states treat it differently. NJ adds it back to income, also.

i don't use atx anymore but if i recall from years ago, you had to enter it on the state side. Each state treats it differently, for example its taxable income for NY so gets added back on the IT-201.

I was in the same situation last month and couldn't reach anyone at ring central so i went to myfax at $10/month. not as pretty as ring central but works fine and their support porting over my existing number was great. Had someone in America guide me through the process and took about a week to complete because they have to wait for ring to release your number to them.

Per fax.plus: Data Encryption In Transit and At Rest Fax files at rest are encrypted using 256-bit Advanced Encryption Standard (AES). To protect data in transit between FAX.PLUS apps (currently mobile, API, or web) and our servers, FAX.PLUS uses Secure Sockets Layer (SSL)/Transport Layer Security (TLS) for data transfer, creating a secure tunnel protected by 128-bit or higher Advanced Encryption Standard (AES) encryption. I don't know if that's good enough but I'm guessing it's as safe as a physical fax line and documents sitting in the fax machine overnight. They are HIPPA compliant, is that good enough?

I use Fax.plus for 100 pages per month billed at $60 per year plus tax. They say they will port in your phone number for free. Since I do maybe 2 faxes per month - 100 pages is far more than enough for us. We used to have everything physically wired and went to VOIP this year (Ring Central) for phones and this service for faxes. It can take several minutes for a fax to go through if that's an issue. My guess would be it is pretty similar process to what Ring Central was at. Our old phone system (with fax line) was $600 per month, we now pay $1,300 per year!

The problem with the free services is that they assign the phone number. I am afraid if I change (or eliminate) my fax number, clients will find an old tax return or business card and fax something to me that will go God only knows where. Even if they have never before faxed anything to me at anytime.

You can get a fax modem and send faxes for free with windows built-in MSFax. You can also use it to receive faxes, but we always used a fax service for incoming so everyone could easily see all the faxes that came in. If you're a small shop with a dedicated fax line, you can set MSFax to answer automatically.

That does make sense, and it seems that little by little you are getting all the pieces to the puzzle...finally.

Yes, and in the morning I will go back and check that W2. Box 12 code V is about $19k. Also, something I've never seen is Box 14 "RstkTxble" which I see is restricted stock that becomes taxable when fully vested. Since she left her job, it became taxable. I believe I can add this to the basis as well as the Box 12 code V. They are 2 separate events that culminated in the same moment, it seems. Here's what I found:

You should make sure that the s/t transaction is for the shares that were exercised and included on the 2019 W-2. Unless the s/t transaction occurred on the last day of the year, there is still a chance that the "purchase" via exercise could have occurred (within the 12 months, obviously) but be from an exercise in 2018. Did this person's 2018 W-2 also include code v? In other words, the shares sold may or may not come from the same lot as the current year's exercise of the option to acquire because the transactions aren't always simultaneous. I hope that makes sense.