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Sound like a case of trying to turn lemonade into a lemon.

If she was under 24 and was a full-time student for any part of five months, she's a dependent: https://www.irs.gov/help/ita/whom-may-i-claim-as-a-dependent The deal breaker can be the support test: did the child pay for more than half of her own support?

No, the 5-month rule is applied for the purpose of determining whether the person is considered a "student" for the age test. For the residency test, the person must live in the taxpayer's home for at least 1/2 of the year. The 5 months before graduation is a temporary absence from the taxpayer's home, but it isn't long enough to meet the "at least 1/2 year" of residency part of the dependency requirements.

Since you are preparing returns in an office located outside of Oregon, the Oregon requirements don't apply to you. Therefore, you have program issue to overcome.

I always take for both spouses in cases like this.

Well - we found some paper work on this car. It seems it was re-po'd.

PLEASE!!!

well -can I also keep my vehicles on the schedule C vehicle worksheet? Is it really necessary to put these on the fixed assets when youre just taking standard? I've added my own line on page 2 of Schedule c - "mileage expense that used to go on line 9"

Each year stands alone in terms of the choices made; you can choose what works best, overall, for your client for each tax year. The "drawback" is having to do multiple scenarios as to whether tax credits, tax deductions, or income exclusions give the best result. The taxpayer cannot double-dip; no taking deductions or credits for taxes paid on income excluded from US taxation. However, you don't have to exclude all the income, either (just not above total earned income, or above the annual maximum). So if, for example, the absolute best result was to exclude half the income, and take a tax credit (or deduction) for the other half, I believe that is allowed. A royal pain in the hindquarters to determine, though!

Thank you for the help! I went through the IRS tool through the link you posted. There is one step asking if the student lived with parents more than half of the year and answer "No" leads to the outcome that the student is not a dependent of parents. That step is where I am not sure what to answer. Is the student considered living with parents more than half a year if she graduated in May and lived separately from her parents all year? Thanks.

I was looking at the TOTAL adjustments before. Sorry. That was inflated for half of SE Tax. The SEHI total for both is $15,319. It includes Medicare, Medigap, Long term care, dental and Part D.

that's a great question. I'm going to double check my figures right now.....

I will be amending some returns for free, then. I don't know why this didn't click with me when she retired. Burnout.

NY has a DOC ID on the license which changes with each renewal. The first 3 characters of this 10 character field are a requirement for NY efile.

>>>>>>This guy claims the 1099C debt was for a used car that he had purchased 5 years ago and returned to the dealer claiming lemon-law.<<<<<< I'm wondering if all of the debt was forgiven or a portion there of. I would tell this guy he is on extension until he produces the paperwork to substantiate the terms of the lemon law details and give him a bloated price or send him packing. Here is some useful reading. If it were me, I might send this guy packing. These two excerpts may answer some questions. The link to this info is Used Car Lemon Law Questions and Answers | New York State Attorney General (ny.gov) While this is from New York, I would feel reasonably certain the law is similar in most states. WHAT IS THE PURPOSE OF THE USED CAR LEMON LAW? The Used Car Lemon Law provides a legal remedy for buyers or lessees of used cars that turn out to be lemons. The law requires dealers to give you a written warranty. Under this warranty, a dealer must repair, free of charge, any defects in covered parts or, at the dealer's option, reimburse you for the reasonable costs of such repairs. If the dealer is unable to repair the car after a reasonable number of attempts, you are entitled to a full refund of the purchase price. No used car covered by this law can be sold by a dealer "as is." (A copy of the law may be found at the back of this book) IF THE CAR IS FINANCED, HOW IS THE REFUND DIVIDED? The refund by the dealer is the same whether the car was financed or not. However, when the car is financed, instead of the entire refund going to you, the refund is usually divided between you and the lender (the bank or finance company). Generally, the lender will calculate how much is still owed by you and apply the refund to that amount. The balance of the refund will then go to you. If, however, the amount you owe the lender is more than the refund from the dealer, the dealer must notify you in writing, by registered or certified mail, that you have 30 days to pay the additional amount owed to the lender. The notice must also contain a conspicuous warning that the failure to pay the additional amount to the lender within 30 days will terminate the dealer's obligation to provide a refund.

You answered your own question with the link you quoted. The depreciation is taxed at a maximum of 25%, for as much of the depreciation as created a gain. Your other capital gain, in your case, is taxed at long-term capital gain. Follow the flow on the forms to see how it works in your case.

I guess I should have expected this, Lynn...anything is possible when you throw in some $$$.

Not sure if this was posted or not but, My Wish For ATX is to have them send the client an email notification or text that the return was efiled and approved. It would be a nice touch to receive that automatically once the return is approved.

I have always had the same DL# as well. It’s six digits long. In the intervening years, NC added another digit to all license numbers. Now, whenever I give my license number, the person almost always asks for the “last digit”. Sometime they even insist the number isn’t long enough, plus they don’t believe me when I tell them to add a “0” at the beginning. So I have to explain that I’m so old my DL number should be close to 0000001.

For my part ATX works just fine. As for growls the tax system provides me with plenty of those gastric and otherwise.