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I don't like the practice of criticizing other professionals because it's not, well, very professional. When a client brings me a return prepared by someone else, I never say "that person messed up," but maybe something like "s/he did this differently than I do" or the code changed that year or whatever. We never know if the prior person had all the docs the client brings us, or if the client answered questions the same way. I respect letters after names, like EA and CPA, because I know how hard it is to earn them. And all of us, letters or not, make mistakes. Think of McDonald's commercials. They never even mention competitors (unlike their competitors) but just highlights how wonderful their own offerings are. I disagree and have only been there maybe once in five years because it was the only quick place around, but that doesn't mean they don't know how to cook.

Sara has a great view. Still, there is something to be said about all remembering advice from anyone is really only as good as the E&O backing said advice. ESPECIALLY in accounting and tax practicing, since the odds of a mistake being caught are actually slim, many are fine pushing limits/living in the grey, some don't mind being wrong and asking for forgiveness, and so on. Add in the advice only being able to be as good as the information being fed, and there are often errors and misunderstandings. Oh, don't forget, someone called someone, and the someone who picked up the phone gave advice, so it must be true.

Yeah, it's a complicated area of tax law that I'm sitting here wondering if I ever screwed one of these up.

Thank you. I'm glad the article was from the tax advisor and not the IRS.

If you read the article, there is an interplay between the step up in basis and the passive loss allowed ,otherwise there would be a doubling of tax benefits.

That's why everybody was got off guard. ATX didn't prepare the software. I believe they are working on an update as we chat. Other sanctuary states might follow suit next year or in the years to come.

I don't do 1099s but for tax returns, you open the return, click on the E-file menu and choose Display Acknowledgement History.

Did you make the change on Sch. A or on the 1040-X? You need to make the change on Sch. A.

I had to file an amended return for 2022 for a client and it wouldn't efile because 'the withholding was wrong'. I got the Wage & Income transcript and lo & behold, the wife's 1099-SSN wasn't in the transcript. Nor her withholding on the 1099. But I had a copy of the 1099 issued in my sweaty little palm. It was weird and now you've got one too.

When we do an amended in ATX, we open the original return and click "Returns" then scroll down to amend return. This creates a new return as originally filed. Close the original return. Make the changes in the Amended Return and all should flow correctly. By copying and adding the 1040x, the flow gets broken.

That is the 64 thousand dollar question. I am amazed that the IRS spends so much energy on not talking to the very force multiplier that they need, US! We can talk to them and get them what they need to close their cases, but they have treated us like the problem and not the solution for the last decade. Congress and the tax code are the IRS problems, not reputable tax pros. The IRS knows who I am. They gave me my EA license. They hear from me every three years when I renew. They gave me my PTIN. They collect a check every year for that number as well. They gave me my EIN for my company. They gave me my EFIN number. They gave me my CAF number. They know my SSN. They require my software provider to know my information before I can use a software that they approve every year. They can look up how many returns I prepare and how many POAs I have on file and how many times I call in and the number of returns that are selected from my client list for audit and the resolution on those audits. The Commissioner knows me better than anyone except my spouse. And they treat me like I am the problem instead of the TurdoTax software they allow on the market. I am just so fed up with the incompetence of the IRS leadership, especially the Commissioner. I wish he would realize I can get his backlog on my clients through the system faster than his staff can without me. Just staff the PPL line and let us work with the quality revenue officials, like we used to do when I first got my license. Stepping down from my soap box now. I feel better. Tom Longview, TX

For my client who has not gotten his 2022 return yet and no word other than that it still being processed: I tried the Taxpayer Advocates; received no reply; After 46 minutes on hold with the PPS, I was told that they couldn't talk to me because "check the box" had expired. Client has finally sent in paperwork to State Senator. Will see if that goes anywhere. The IRS is so badly broken that I wonder how we can continue to move forward.