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I love real books. We felt it was one of our missions to keep small independent book stores alive during Covid, so we bought lots of books. Still do. Give books to grandkids for every occasion and any reason. (Another mission was to keep our favorite restaurants alive by doing take-out every Sunday; we're still doing that.) However, we both have Nooks, and hubby has the Nook app on his tablet also. Sometimes the Nook is lighter, plus it doesn't require an external booklight to read at night. And, I don't have to wear my reading glasses in bed, because I can adjust the font. (I've bent and broken a few reading glasses by laying in bed reading.) I just got a cover that has an elastic hand-hold-thing, because I usually drop my Nook on the floor when I fall asleep in bed. As well as preferring the Nook for reading in bed to unwind so I can fall asleep after working late (unless I'm reading a lightweight book that holds my booklight without flopping), I prefer it for travel to take lots and lots of books with me in one compact, lightweight package. Right now, I have one hard-cover book and my Nook on my nightstand; hubby has a tall stack of books and his Nook on his nightstand and his tablet in the living room.

I read a lot. I haven't bought a physical book in about ten years. I have well over 2,000 books in my Kindle account.

I was running out of room to put more bookshelves, and space under the pool table is full of boxes of books so for me a Kindle is a blessing -a while library that I can carry in my purse. Never again will I be caught somewhere without something to read. If for some reason I don't have my Kindle with me, I have the app on my phone so I almost always have at least that with me. And the cover for my Kindle has the elastic hand hold strap as well as a stand so I can prop it on a table and read while I eat Plus the Kindle is water-proof so I don't have to worry about ruining a book in the bathtub or the pool again. But I still love shopping bookstores too.

update: This is the first year they will be e-filing--not sure how their previous preparer avoided it. Anyway, she was still getting the 1040-ES packet in the mail but that will now stop. It doesn't look to me there's any avoiding the problem of attribution unless you file separately.

Try being left-handing and learning cursive in a parochial school in the 40's and 50's. I did it and am proud of it. All of my life, I was told there were things that I could not do; and I did them. I learned to knit by watching my mother-in-laws hands in a mirror. I can spell, I can type, but I can also make homemade bread and can tomato juice. I am computer savvy and can use a smart phone. I have never believed in cutting corners when it comes to education. I am pretty good at tax law, but still learn something new every day. I'm not bragging but just stressing the importance of learning. At my age, I still thirst for knowledge; be it scholastics or hands on.

The adopted daughter qualifies him for HOH. The other two qualify as "Other" or Qualifying relatives.

Some of my favorite people, yeah - not. They were probably thinking about the CO capital gains exclusion for farmland bought before 2009 - but that's (a) only CO, and (b) only for those filing Schedule F with their 1040.

The code is fairly clear on this. A corporation is in existence if it retains a bank account and is in the winding down process regardless of state law, therefore a return is required. The final distributions are reportable transactions. Per 1.6012-2 (1) "shall make a return of income regardless of whether it has taxable income or regardless of the amount of its gross income." (2) "A corporation in existence during any portion of a taxable year is required to make a return. If a corporation was not in existence throughout an annual accounting period (either calendar year or fiscal year), the corporation is required to make a return for that fractional part of a year during which it was in existence. A corporation is not in existence after it ceases business and dissolves, retaining no assets, whether or not under State law it may thereafter be treated as continuing as a corporation for certain limited purposes connected with winding up its affairs"

I cannot read on a tablet. I had covid two years ago and got stuck at my sister's house for 11 extra days until I could fly home. I ran out of books so I downloaded a few onto my laptop. I didn't finish that book and it sat and sat & sat. I even ordered the second book in the series to try to motivate me to finish the first one. I finally bought the first one as a book and finished both quite quickly.

Danrvan, I absolutely always agree with you, and interestingly, this time, I don't, so I'm certain that I must be wrong (and I mean that sincerely and respectfully). I always appreciate your answers, and I think you're very knowledgeable. I think you can leave the bank account open to handle any final issues, taxes, etc, and make final distributions to owners, but you can't conduct any more business, and you must mark the return final and close your account with the IRS. I'm not trying to disagree ... I just want to get more information, because I looked for a bit, and I can't find support either way. If fact, some states require that you not distribute assets until you've formally dissolved your business (filed for dissolution), so that would be interesting to handle. I might be thinking too technically on the legal side and not on the tax side. Again, I'm pretty certain I'm wrong on this given that the answer came from DanRVan, but I would love to get a better understanding. Schiralli, I've done it the way you have before, unfortunately, so I'm in your boat ... we'll face the feds together ;)! Thanks much!

What has worked for me (and it might just be dumb luck) is Tom's suggestion of going into the AMT Schedule B and making certain the right type of income is chosen for all the years there is a CF and making certain the amounts are entered. I couldn't get one to flow through on a trust that didn't have a CF; only had current year, so I went into schedule B (which I should not have needed) and made the credit year 2023, and entered the data, and it worked. A LOT of guesswork, rejects, and tinkering around for $70 divided among 6 beneficiaries :).

Excellent! I found that box! thank you!

was the money from an IRA? if so, then indicate on the 1099-R worksheet how much was QCD

When if doubt file it.

My clients really like that, too, and wish the states would do likewise.

I wish more would be done early to encourage use of both hands - which typing does. My first typing class was so foreign, to use my non dominant paw (other than for wrenching, which I did as soon as I could hole one). It is also a bit fun, as last week, we made our first Scholastic Book order for our grand (pre school). Something powerful about her picking her own books, and having them to touch.

"How do I check EIN status? Call the IRS. The best number to call is (+1) 800-829-4933. When you hear the various menu options, select option 1 for English or 2 for Spanish, then option 1 for EIN inquiries, and then option 3."

POA s expire when someone is deceased.

much better this year--just done one for a water heater and another for a front door

The IRS also has a 1 Hour video that covers the same stuff: https://www.irs.gov/businesses/what-to-do-with-form-1099-k

A recent TAS blog post said: https://www.taxpayeradvocate.irs.gov/news/tax-tips/employer-identification-numbers/2024/02/