Leaderboard

Just so I am not depreciated before another 20 or so years.

You don't know my visa bill, if only paying minimum payments.

I sure hope I do !!! I know I have ate some stuff beyond its class life !!

Do they list pinball machines?

I agree with Marilyn. Each category of component added to that residence has a limitation that shouldn't be exceeded for that item or category of items. Give it to one or the other. Obviously the exception to this would be if they are filing separately and costs are attributable to two homes.

Ugh. I know many devs use revision numbers, and I used to as well (as it is easy to auto increment in the dev tool being used) but I went back to the revision DATE, as it is plain language anyone can understand. Devs need to accept users are no longer computer experts and to not get things such as major, minor, revision, and build numbers. For me, it is much clearer, and less likely to raise a support issue, showing a message saying something like "your revision is 97 days old", rather than "your revision is 2.23.45 builds old".

I suspect ATX is more complicated, but the process is likely similar. For me: There is an online file which contains the information which tells the latest revision. The software reads the file and compares it to the EXE data, and if not current, handles the out of date issue as needed. When I make a change, I first upload the new software, then update the data file. But, on occasion, I might miss something, or upload something incorrectly (as binary instead of ascii, or the reverse, proving yet again I am human). As soon as I am done, I test the new revision indicator and download myself. I usually catch errors before anyone else downloads, but not always. There is also an issue with caching, as the user computer could not be reading the actual current revision info, as their browser or connection is reading a cached copy of the file. This is a REAL issue, and is one of the reasons I allow manual download, and have s system in place to try to keep the download from ever being cached. I also usually leave the prior revision on my site, but not directly accessible, in case there is some need to install the prior revision (I can send a link). Has not been needed in years, but I still allow for human error. OTOH, over the years, I have had to get stricter and stricter, and do have "stops" in place for cases where the user is not keeping current. Just a thing one must do not that computers and software are treated like appliances, and are expected to do all for the user, and insulate the user from any responsibility. When I started, 90% of my programming time was for the software functions/improvements. Now, 90% of my programming time is trying to prevent user errors.

Not a user of ATX, but I have simlar warnings in my own software. If you can manually install, try that (the check for update process may not have been updated fully). It could be a case of the process having the "update needed" flag set somewhere (likely online) and the new software not yet being automatically (or however they do it) installing. I might power cycle my computer and try again, in case there is some sort of cache which needs clearing.

The instructions were updated in January to say that even if they are filing jointly, spouses with separate main homes can take the maximum credit on their respective homes, and can file two Forms 5695 in that case. Neither the law nor the instructions are completely clear, but I think the rules on joint occupancy would apply to spouses filing separately with the same home - that is, they could pro-rate the credit based on how much they individually paid compared to the total cost, but the total credit would be limited to the maximum per item. Simplest would be to give to one or the other as Judy and Marilyn suggest.

No !! But they do have Skee Ball machines !! 75 years !!! Man I would love to have a Skee Ball machine !!!

https://support.cch.com/kb/solution/e-file-rejection-x0000-005-the-xml-data-has-failed-schema-validation-in-a-return-using-atx-or-taxwise

If you are using ATX, go to elections and use the tab for "Dispositions, Disasters...". Then use the first option on top of the page. If you are deferring income from sale of calves due to drought use the 3rd one.

And after considering Reg §1.263(a)-3 (e)(2)(ii)(B)(2) I have to agree. The thought that a septic tank for a single dwelling rental would be classified as a Building System instead of a land improvement never crossed my mind.

It's always been my policy that in situation where the code doesn't provide a clear answer, it's up to the client if they want to be more aggressive or more cautious.

There are some pre-MACRS court cases that seem to me to be of limited application. For those who want to take a deep dive into the cesspool (sorry, couldn't resist) Publication 5712 is an IRS audit guide to capitalization. page 27-28, looking at structural components under Building Systems are Plumbing Systems which include "Water and sanitary sewer collection equipment" Audit guides are not authority, but looks like the IRS position would be for 27.5/39

There's Heinlein's The Moon is a Harsh Mistress. I think the computer on the moon running the mining operation 'comes alive' and takes over. I like Kirk talking the computer into a loop and the computer burns itself out. Where's Tron when you need him.

The fatal problem with AI is that it doesn't know how to say, "I don't know" or "I'm not sure," or our favorite in the tax business, "It depends." That inability is what gets it into trouble when it hallucinates, makes things up, gives irrelevant or wrong answers. When I retire next year I'll just do the office's trusts and estates plus family returns. That's enough. Time to organize those old photos, revamp the gardens, read more books, explore more of the history and attractions of our new state, help out at the library that does so much in the community, just maybe volunteer for AARP or VITA, spend more time with friends and others I've met whom I'd like to know better. It will be a relief to be free from so many commitments and deadlines.

anyone able to efile (successfully) recently? Getting EFC Reject 38--"This efile was created before downloading the latest program or form update in ATX." As suggested, went through Support: Customer Service Utilities: Refresh App Configurations...but no luck. I might add I have green on Program and Forms. Someone on ATX Facebook page says they are on the phone with ATX and was given an explanation: there is an update out that is not yet available.