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Yes, lifetime limits still in place.

And make sure you don't include the charitable deductions paid with a QCD on Schedule A or the new charitable deductions line. They really didn't implement this in the best way and it's easy to double dip, unintentionally.

The whole covid tax stuff was a mess. I thought this tax season might be better. But now I'm having to file some MFS and look for them more EIP3 and CTC.

I just had 2 8915-Fers that don’t understand how they could owe so much since no tax withheld attributed to this year’s 1/3. They forgot what I told them last year, or just refused to hear it. What a fun season this is turning out to be.

And all the 8915-Fers: "Did you count the 3,000 you told me to let them keep?"

Same, and have been for at least a decade. Seen way to many problems with mailed in checks.

I don't have a cut and try answer here, but believe there is confusion over what it means to have a home office and deduct mileage. With a home office established as your principal place of business, you are allowed mileage for any business travel away from there. The key here is that your home is your place of business. However, I don't believe there is any written authority that says you must have a home office in order to deduct mileage form your home. Consider the case of an log truck driver owner/operator who leaves his home at 4 am to go pickup his first load of logs in the woods 30 miles away. I would not consider that commuting and prorate his depreciation, diesel...etc. Those are ordinary and necessary business expenses that start at the first turn of the key in the morning. While I do not have any authoritative cites to back this up, in reality, the principal place of business for the log truck and full time "uber/whatever" driver is behind their respective steering wheels; and while there are differences between the two cases there are certainly similar fact patterns. I do not have any uber driver type of clients but would dig in deeper if I did.

They have BASIS in their Roth that has previously been taxed and they have not withdrawn enough to use up their basis.

In ATX on the 1099-R data entry screen, scroll down near the bottom and check the box for QCG and input the amount. It subtracts it for the taxable amount on page 1. I've been doing this since the first year and just keep the support documentation in my files. I have never attached to the return. Sort of like the expenses and non-1099 income on Sch C, I guess. Make sure you have the support if needed.

The two who dropped off weeks ago I had already rolled over and entered the other items. I had to dink with them a good bit, but you fine folks saved me. The one who dropped off recently I had NOT rolled over. That one filled in automatically. Attaching that PDF makes me curse, but otherwise everything ok. Not really - that whole deal is a mess.

As it currently stands this is what the ATX knowledge base says about the topic: ATX™ and TaxWise® will not be supporting Schedules K-2 or K-3. If you need to file these forms, please reach out to your account manager for information on using CCH® ProSystem fx® Tax or CCH Axcess™ to access these forms.

Yes. We have a manufacturer here where some fool must have gone around telling everybody to rob their retirement accounts. Ok, yeah, that's reasonable since your hours were cut to 32 rather than 40 for six weeks. Great move, barely escaped with your life there. Missed all that growth and have zero understanding. I begged one lady to not report the whole 93,000 in 2020. Wish the others had now.

These rules are going to change because it's unworkable as is.

FREE class here: https://on-demand.compasstaxeducators.com/

Is this still a lifetime credit? If so, do you need to check your client's returns back to some very old year, 2006?

You need to report these on line 2 of form 4835 or your client will receive a CP 2000. Box 3 is the gross crop sales to the coop. Most likely you will need to deduct storage....etc cost to reflect his net payment. It might be to his advantage.

$200 federal credit. https://www.energystar.gov/about/federal_tax_credits/non_business_energy_property_tax_credits

You got your answer from the other board where you posted, right?

Checking the appropriate box should print "QCD" on line 4b. That's supposed to keep the IRS happy, but they may send a letter anyway, so make sure the documentation is retained.

You should not have to over-ride to get rid of the penalty. On form 5329, you will put in the exception to the penalty that you are claiming and the amount you are claiming the exception on. Then your software should calculate the penalty on the remainder correctly.

Awesome! I wish I knew about this earlier Thanks again for your help!

I like the signed statement.. Thank you all-

I don't know why I bother to call support. They never have a person there that can even look at the issue. Then they ask for the same info over and over again, then they say a technical support tech will have to look at it, at which point they ask again for your Cust ID and name and number. I miss the days of Maine customer support...... Tom Longview, TX

Mine filled in automatically once the form was uploaded, which was automatic too when I opened the return.

Like Abby, I use the 8949 and group them by transaction type.

Military have special rules. IIRC, he's still a CA nonresident for tax purposes until he officially declares he is a resident of another state. I think he pays to no state, with the combination of states you say. Military will use their station in a non-income-tax state or a state that doesn't tax military pay to declare their change of residency and then remain a resident of that state until they retire. IF CA doesn't tax military pay, then he has no reason to change. Military wives have special rules, also. See IRS Pub. and Pub 4940.

Are you suggesting that some taxpayers might elect to have it taxed?