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If the funds have been remitted to NY the POA must go to https://www.osc.state.ny.us/unclaimed-funds and search for the funds. After locating the funds they can file the claim on-line. It takes many months to process the claim.

If you delete the Sch E input and keep only the fixed asset as unassigned, be sure to also keep track of any carryover amount of operating expenses that were disallowed due to personal use/income limitation that would be carrying forward.

User count has no correlation to safety. In fact, the more popular a storage method is, the more likely the baddies and script kiddies are looking at it.

"In the process of drafting conforming amendments, the Act inadvertently deleted the provisions in the Internal Revenue Code that permit catch-up contributions. As a result, catch-up contributions, either pre-tax or Roth, will not be allowed after this year. To address this error in the legislation, Congress would need to pass additional legislation to reinstate the catch-up provisions. Although it seems that Congress will act on this, the time frame is unknown. " Assuming that Congress fixes this glitch, catchup contributions made by employees whose wages exceed $145,000 will no longer be tax free! Watching laws being created is like watching the ingredients going thru a grinder to make sausage - a frigging bloody mess!

I think I'd just leave the Sch E if there are operating expense carryovers or passive loss carryovers. There's no downside to leaving the E.

Here's a farm tax course put on by OK State Univ. Registration opens in Sept for the courses listed in Nov 2023. Cost and credit hours not listed that I can see. https://extension.okstate.edu/programs/tax-schools-farm-and-business-tax-institutes/

I prefer live. I like meeting other tax geeks at lunch and dinner and networking events. I like to talk to the vendors. I try to find seminars in places I like to visit (San Diego, Las Vegas, Orlando), it is like a vacation. And it is tax deductible. I find that when I do webinars, I lose focus. I don't like posting questions and hope they answer them. I don't like not being able to ask a follow up question. I agree the prices are getting very high. I have done more free IRS webinars in the last two years than I have done my entire carreer. Tom Longview, TX

I have been doing online Webinars ever since Covid. I wasn't thrilled with the idea at first, but even though I feel it is too expensive, at least I don't have to pay for travel and room and meals. I use a two day Webinar presented by Iowa State University. We now have the choice of live or online, but I still find it easier to do it online. If we want or need the credits, we have to bite the bullet. Also, my assistant gets to sit in for free which was not the case when we went to the live Seminars. She doesn't need the credits at this point.

no need for Schedule E, but taxpayer should keep a copy of the depreciation schedule generated for the time it was a rental property. Will be a factor when the property is sold (but not if inherited).

I have noticed that a number of stamped letters and large envelopes are being processed by the Postal Service without a postmark. One of my business clients and I mail documents and reports back and forth every month. Several times we have reused a large envelope 3 or 4 times before the stamps were cancelled with a postmark

Gail, you may want to reference code Section 642(c)1 I believe the sequence is: 1) determine the amount of distributable net income (DNI) that the charity receives 2) enter that amount on Schedule A (deducted on page 1 of the 1041) 3) remaining DNI goes to non-charitable beneficiaries. As I understand it, the church would not get a K-1.