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Ditto all the above! Don't always agree with you (but that's OK), and your use of abbreviations, (most times), leave me confused. But your insight, and especially your "view" from the other side of the table on employment issues, have been invaluable! This is 1 vote against you having "outlasted my welcome". Please reconsider.

Margaret is correct that client doesn't meet the eligibility test. He must use it 2 years out of the last five, 730 days. However, if a TP fails the eligibility test, it is still possible to take a partial exclusion IF certain other requirements are met. Those specifically allowed are: work-related move, health reasons, unforeseen circumstances, and other. You can find all of this general information in Pub 523 under the caption "Does Your Home Qualify for a Partial Exclusion of Gain? I don't think your client will qualify for the "unforeseen circumstances", but if you'd like to see the valid reasons IRS considers "unforeseen circumstances" you can read that in this older article from The Journal of Accountancy.

We are so fortunate to have each other. I could easily count on one hand the number of times I have had to call support and the first time I ever called, I was assisted by William Tasker. Remember him? Which, once again, reminds us of how much we all owe Eric.

The QB summary of Sec. 121 mentions ownership and use tests. "The individual must have owned and used the home as a principal residence for at least two out of the five years prior to the sale..." I think May 9, 2023, to January 9, 2025 misses the two years out of he five years prior to the sale. It seems part of the five years prior to the second sale, TP was still in the first residence, a different principal residence. "The exclusion applies to only one sale every two years.." November 14, 2022, to January 9, 2025, is more than two years. BUT both tests don't appear to have been met, just the second one.

I cannot believe that you feel that way. Your assistance has been invaluable to me. Like others, I don't always agree, but I do bow to your knowledge and pass much of it on to my IT person. Please reconsider, if you have the time to spend with us.

I don't know why you made your decision, but if you do come back, I will welcome you. I have enjoyed your company on this board. Tom Longview, TX

You do not have to scan the code. Once you have it set up, all you have to do is point to the authenticator which you have already pinned. It will display the 6 digit codes for each ATX program. Then click on the 6 digit code and paste it to ATX log-in. Super easy to use!

Did you keep your installation codes. I did. I would suggest reinstalling 2022 and see if that works for you.

That Makes Perfect sense. Thanks very much

You could still put the ATX server on your server and only install ATX on the two computers that access it. They would be installed as workstation only. Or you could install the ATX server on one of the two computers and share the database folder to the other user. In which case the server computer would be Server/Workstation and the other computer would be workstation only.

You have a lot to offer from what I have read. I use your payroll program, have been for 30 years.. great program and you have great insight.

Seems like I have outlasted my welcome. Not my sandbox, I get the hints. I appreciate all of the banter over the years, best wishes to all going forward. Those that have interacted with me in the past know how to reach me, if anyone wants to discuss payroll or accounting. I don't do any returns other than my own now, but I deal with many in other ways.

I've done 1031s, including with partial gain taxable, but never one where absolutely everything was fully depreciated. What about the land value from the original property sold?

That works really slick! Once you get it set up it only takes seconds to copy and paste, then you are good to go. No other devices needed. Thank you for the post!!!

Never mind. Figured it out from the Admin screen.

Please see "authenticator app" which is the first subject at the top of this page. This subject has been reviewed a number of times.

Don't hold back Judy, tell it like it is..... Tom Longview, TX

WK CCH doesn't care, and customer support has been awful ever since Glynn Willett sold the business. The reason this unofficial forum exists is because the company closed down the official forum on April 11, 2007 because some of the more outspoken users were complaining about the program, leaving users without any means of support or help. That is how little it cares about its customers.

The purchaser has obligated him- or herself by paying the vendor with borrowed funds, so the deduction is when the charge occurs, not when the payment is made to the credit card company. Here are some references: Rev. Rul. 78-38 states that you may deduct a donation to a qualified charity via a charge to your bank credit card in the year the charge is made, regardless of when the bank is repaid Rev. Rul. 78-39 states the same rule for medical expenses. IRS Pub. 583, Starting a Business and Keeping Records (Rev. January 2007), p. 13, eludes to treatment of business expenses charged to a credit card using the transaction date for recording the deduction.

To see if your S-corp election was approved. Clients never know. Paper gets lost. Why can't we just have a quick look up?

Yes a divorce is needed but he won't do it. The tax preparer can't fix stupid. It's all I can do to fix myself.

And he should be concerned about what rights she might have to his assets / estate.

It is best practice to write down the "secret code" (and save it in a secure place) even if use use the QR code to set up the authenticator. You will need the code if you lose your phone or it breaks, and you need to set it up on a new phone.

I've been doing taxes a long time. Makes me wonder if I started all over again as a green person, would I choose to become a tax preparer knowing what I now know? Will there be a supply of new preparers to replace us when we quit or retire? Getting into the business now is worse than several years ago. In addition to tax law which changes more rapidly (thanks to Congress and politics), there are now requirements which drag us into a modicum of IT. And EA requirements because the laws change so frequently. And dealing with the IRS is no great pleasure of life either.

I have nothing of substance to add to this post. I just want to say thanks for posting. I learned something. Tom Longview, TX

They have an FAQ page here https://www.bls.gov/respondents/ars/faqs.htm found via search engine. Looks legit, I guess, but sheesh they want us to be suspicious of everything, then also send out-of-the-blue emails wanting people to click on links.

I encourage questions in the off-season, because it usually involves selling something. I would rather inform them than to deal with a surprise at filing time. I will not charge unless research is necessary, and I don't go through the misery of collecting until the next tax season. I put a reminder in their file so I won't forget. Almost all those calls involve a taxpayer selling something. And it's amazing how many people believe if they replace the property with more expensive property, they are off the hook. That treatment has been gone for decades.

I also charge flat fees for prep and base them on the circumstances. No complaints so far. I do not charge for calls and questions throughout the year. I tell them that I am available for them all year and not just during tax season. I would rather get a heads up than a surprise later. If paperwork is involved, there is a small fee to cover costs.

Marilyn, I think it's the former (practices not taking new clients). When I went out on my own, there were four of us (enrolled agents) on the same floor of an office building. I'm the last one standing (and not for long). I'm afraid the personal service we offer is disappearing.

I went with the MS app. I always just stick to MS.