I agree with this observation. I have had my last 6 computers custom built without any crapware by my computer guy - for 25 years now. If anything goes wrong, he can fix it because he built it. I also have it go in for 'spa treatment' every fall before the season to be sure nothing has sneaked in or is causing problems. It may be a coincidence but I think my program has crashed fewer than 5 times in all the years I've been using ATX since 1996 tax year. And I cannot even remember the last time. (Now I've probably hexed myself, right?)
Don't hold your breath. The company overhauled the entire program using the Raven database in 2013 for the 2012 tax year, so the company has had 10 years to fix this.
https://www.irs.gov/publications/p547#en_US_2021_publink100071819
Pub 547 continues to include the special rules for qualified 2017 disasters since it is still possible to sustain a loss in 2022.
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Remember to ask client if they have any other IRA accounts that might have deductible contributions in them, so you can allocate deductible vs nondeductible to the conversion. Your client might think that only this new contribution to a nondeductible account is being converted, even if he has previous deductible contributions to Traditional IRA accounts.
I used ChatGPT to write my price increase letter and my firing letter this year. I was agonizing over writing them, procrastinating, writing in my head but not on paper, etc. I told ChatGPT what I wanted, and BOOM in seconds I had what I needed and could finally move on.
Nothing shows up in the task manager other than ATX so I don't know if there is other crap running or not.
And - as I mentioned - I had tried to change the memory configuration as directed earlier, but apparently, I do not have rights to it and cannot change it. I don't know how to change that. Why don't I have rights? This summer I will look at different software. I have been loyal to ATX for a long time, but I just don't have the time to re-boot over and over each day. And as the returns get more complicated the worse ATX gets.
And, why not? It's the next step in technology to aid in your work. Media outlets have been discovered using AI to write articles. Some would edit the articles and some under pressure of a deadline would just let it rip.
I have tried to go into the memory that was supposed to fix my problem with crashing. But it has not. Here I am at 10:30 in the morning crashing. I find it happens regardless of having adobe or any other program open. This is on a brand new PC. I'm really disappointed in ATX for not getting this fixed. I dealt with it enough last year but think it's worse this year.
No, 2011 was the last year ATX was a compiled spreadsheet.
The 2012 ATX Program was rewritten using a poorly selected shareware database called "Raven".
I'm not a programming guru. But I've heard ATX uses a spreadsheet type of program. I think this is generally slower. I think it just gets hung up in itself and doesn't know which step to go to next, then gives you the warning to close. I thought about switching a few years ago but just don't want to go thru the learning process. I only have a few years left so I'll just stick with ATX and put up with it.
its not about quickbooks. its about ATX! Im using Quickbooks 2022 premier desktop and believe me.....I don't have online back up and any of that stupid shit. I back up the old fashioned way. I'm still using Windows 10. I don't trust Windows 11 or want to deal with that headache until after tax season finished. Why hasn't this happened outside of tax season. This never happened with ATX 2021 tax software. Enough. Im going back to work. Thanks for robbing me of the little sleep I get to have during this crazy time. I will be re-thinking which tax software I will be using for 2023. You guys have gotten worse and worse since you sold out to Wolters Kluwer !! I have used ATX since 2004!!!! & then you make seem like it is our fault! Your techs are so new to the system and wet behind the ears they are little help and big time wasters.
I am. Heighth of tax season ans this BS!! If I stay on the program longer than 1 hour or so, or if I have quickbooks (desktop) open or use acrobat, the atx will close down and I have to reboot my computer to be able to use ATX. WTF! Glad we pay so much for this f(*&(*& program. & during the busiest time. I don't have time for some newbie techie who doesn't really know ATX to screw around for hours trying "fix" the program.
Anyone found a patch or fix for this bs?
So to be clear, Randall's client may be able to do this.
Randall, you are correct that the income limit doesn't apply for contributing the maximum allowed for his/her age AND IF is designated as nondeductible as long as the person actually does have compensation that would qualify him/her to contribute in the first place. The income limitation comes into play when they want to deduct the traditional IRA.
Ok: I haven't had to use LAA. I figured out yesterday that my computer wasn't configured correctly, so a few changes to optimize my memory usage seems to have done the trick. Ah, slow learner.....