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OK - I'll answer my own post! I went into 1099MISC Detail tab. Export. Over to 1099NEC Detail tab. Import. Have to select the fields to match on the Import. Overall, pretty easy.

Also, some of the EIP payments were sent out as Debit Cards. The recipients threw them away not recognizing what they were. The IRS supposedly will follow up when the Debit Cards expire unused. What a circus with lots of monkeys !

Employers of boyfriend of the barber's cousin, and other knowledgeable tax super-experts!

This time of year with software being updated every day or two, I can't imagine that you won't have to recreate the e-file anyway because the version of the software it was created with is out of date by the time you file the return if you create the e-file ahead of time.

I think that I would put it on a schedule C and make COGS equal to the amount received. Not accurate, but this is a personal loss not a deductible one, and will at least hopefully stop the IRS from sending a letter

This is a requirement of the IRS that the authentication must occur each time a connection to the software is made, so this isn't a problem or limitation specific to Drake. Once logged out of the software or portal, Drake has no way of knowing that it is you again on the other end of the process without you providing all of the log in credentials including the username, password, and the MFA code. It has been optional for the last 2 years and is now a requirement for this year.

Would be nice to include the charitable deduction on 1040 in the Form 1040 checks or as a reminder on the Check Return function.

The program update did the trick. I usually wait on the updates in case there are bugs, but that did the trick! Thanks!

line 10B ? click on the arrow to the worksheet. enter the cash charitable contributions on line 5 of the worksheet. that's what shows on my system. Did you do the program update when it came out a couple of weeks ago ?

Not a big deal in the following situations: REMEMBER, no money will be returned (let's say this is an amendment) to the IRS and 2020 tax year is the "constitution". Example 1. Wife claimed 2 children in 2019. Got $2,400 on first shipment and then got $1,800 on the second shipment a couple of weeks ago. 2020 is the year that matters... wife is single and no dependents. She doesn't need to return money because of the amendment to the "constitution". Father got $1,200 and $600 because he had no dependents in 2019. In this case, he cares ONLY to what the "constitution" says (2020). He files 2020 and claims the two children. What the "constitution" says: That he needs to get $500 per child for first stimulus and $600 for the second. So, you request that money in 2020 and no complications. Example 2. Child was a dependent under 17 in 2019. Parents got the two shipments of stimulus because child was a dependent in 2019 and what the amendment to the "constitution" says: "no money will be returned". Child is 18 in 2020 and is not in school and made 50K and will file a single. He will get $1,200 and 600 because the "constitution" says so.

If you have bad or duplicate payers in a return, and the 'Add to Payer Manager' box is checked on that input form (W2, 1099's), when you rollover that return or open/close that return, those bad payers get added back. This is why I add multiple W2's and all categories of 1099's in Customize Master Forms and click the 'add to payer mgr' box TWICE so it's unchecked by default. The missing feature of ATX Payer Manager is the preference to have the 'add to payer mgr' checkbox off by default. Then you can check the box if you find a payer is not in your list, and you think you'll use it again. Would also be great if you could choose which forms you want to use Payer Manager with. For example, I'd only choose W2 and 1099R. People often enter account numbers or account names (escrow, rental, etc.) after the bank name on 1099 INT and DIV which you do not want in your payer database. But honestly, duplicates, crazy long names, incorrect EIN's, typos, etc., are not really that big of a deal, especially if you sort payers by EIN instead of name, which is the better of the two ways to use payer manager.

Well, I decided to come out of retirement and will be doing some contract work for another firm on a very part-time basis. Retirement is great. You can pick and choose what you want to do. Anyway, I look forward to interacting with you all again.