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Showing content with the highest reputation on 10/09/2024 in Posts

  1. I have to take my hats off to Abby Normal. I should hesitate because there are so many other great people on this board that should be mentioned. I am notorious for my cumbersome phraseology. Often I will ask a question and get responses from good people who, from their responses, are unclear what I am asking. This is my own problem, and not anyone else's. Often I have to repeat myself, and the conversation runs in many directions, very much like a "circular reference" in Excel. Occasionally you meet someone who can perceive what is in your mind - to the extent they know what you are saying before it ever comes out of your mouth. Hopefully, in your years of human experience, you have encountered a few such people. Abby Normal seems to know exactly what I am asking, why I'm asking, as if he is in my own shoes sharing the subject. Not just once, but consistently over and over again. I met this Abby Normal (and forgot his real name) at the gathering at Rita's in 2018, which was a delightful event for myself and my wife. Again, there are a number of helpful people in this community and I don't want to lessen their contributions by not mentioning them. Thanks to all who have put up with my awkward choice of words. Abby, wherever you are, please stay with us...
    7 points
  2. There is no need for apologies. I have been using Drake for about 20 years and find some new features every year! I just filed it and it worked just like any other e-file, sending the form to Drake. I have to wait anywhere from 2 days to 2 weeks for acknowledgment. This is only if the 114 is more than 2 years old. Current and prior year can be done through Drake.
    1 point
  3. Very slim details in the OP. I would have a dozen questions before I even thought about an answer. CA has a lot of quirks. There are a lot of things to look out for..... Is the TP a resident or non-resident? Are the LLCs SMLLCs? Tax election of the LLCs if not disregarded? PTE elections? Industry of the businesses? Other Income outside the LLCs from work, investments, rentals? Marital Status? Children or other dependents (CA Child Care Credit)? Income level (CA EITC)? Health Insurance status (CA still has the mandate)? Own or Rent primary residence (renters credit)? Itemized deductions (CA never conformed to 2017 TCJA)? You have asked a big question and with so few details, I don't even know where to start.... Tom Longview, TX
    1 point
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