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Lordy, I remember back in the stone age Medlin Accounting. Back in the 286 cpu days !! When it was a boost in cpu power to add a math coprocessor. Yes in the old days there where two cpu sockets on motherboards. One for cpu and one for mcp (math coprocessor). I still build all our pc's. But Medlin was one of a few accounting products available. And remember the first HP LaserJet printers !! You had to buy a font cartridge for them and they weighed a ton. Let alone the price of them. Anyway, Ive grown a thick skin to some remarks on forums. Just the nature Dennis. But you know that. Stick around, open a beer and laugh at it.

Does anyone remember how H&RBlock started? And why their home office is in Kansas City? I'm not old enough to remember, but apparently the 1954 tax code was brand new, replacing the 1935 code. In those days the changes did not occur every year - they didn't have software whereby congress could get away with screwing around with tax law (even in the middle of tax season). But the changes in the 1954 code were prodigious and people needed serious help. So H&R Block was founded to meet the needs of the people, and were located close to the IRS service center in Kansas City. For H&RB, the rest is history. The original box office tax store. I haven't seen much of Jackson-Hewitt and Liberty in recent years - maybe TurboTax has eaten their lunch. Yes, the often-advertised "free" TurboTax. Get it and [poof] you will be just as smart as a CPA.

I had a client several years ago who works overseas. I last filed his 2019 return. He contacted me this week asking if I could get him caught up. I don't have the bandwidth right now to get to the unfiled prior year returns (I assume most of you don't either). He lives abroad. Lucrative client, just something I can't get to in January. DM me if you are interested in a referral. Looking for a good home for this client. Tom Longview, TX

HMMM....I have it on 2 computers, but I used 2 phones. Same app on each phone. Which authenticator are you using? Tom Longview, TX

Are you installing it as stand alone on both your main computer and your laptop? Just spitballing here. Your best bet might be a different authenticator, but having two separate standalone installs might be the problem, but I would think having two different computer names would work.

I believe the starting point for line 15 is the actual amount of cash received at closing instead of the sale price less amount invested, otherwise gain is recognized on closing cost etc.. The $5,000 of exchange fee reduces the amount of boot on line 15.

Thanks so much, DANRVAN and Judy, for these additional comments. I still have the client's folder with all the exchange documentation in it and a pdf of the 2022 return. I will review with the 8824 Judy most kindly provided and see what next. Client changed preparers because prior person was hard to reach and didn't answer questions (I also think client really didn't know what to ask). I think client wants to better understand and manage his properties now that he is retired from Delta. That's why there are so many different states for the rentals as he was stationed in different places. First, though, I have to better understand the 1031 situation in 2022 flowing to 2023 so I feel more confident in 2024. Thanks to this amazing board and generous folks chiming in, I think it is possible.

Margaret, that 8824 definitely has problems and shouldn't be relied on, and I think you are going to have to rework the numbers to arrive at the proper deferral. In a general and simplified discussion, the deferred gain should be the difference between recognized gain and the realized gain. Maybe think of it as a reconciling exercise where that deferral reduces the basis of the new property back down to that of the old (new property as if purchased outright minus the deferred gain = basis of the new). It's not unlike the very old personal residence rules where the basis was reduced when gain was deferred. In a very simplified example, I've created an 8824 with your facts. I'm not sure where some of the former preparer's figures come from, and I don't have the selling expenses or other costs that you mentioned, so below is a very basic 8824 with your fact pattern to use as an example. You'll see that the deferral on line 24 is the difference between the recognized and realized gains (line 19 minus 23), and that amount is the exact reduction applied against the new property, and that brings you back to the basis of the old. Also, keep in mind that "cash received" on line 15 isn't the cash received at settlement of selling the old; it is the cash that the seller didn't reinvest, so my starting point was $679,900 - 212,000 reinvested. The use of $212K accounts for the $5K of fees. Maybe this will help you sort this out. And if I'm all wrong here, Dan will straighten me out. 8824.pdf

^^^^^^ ??????? Tom Longview, TX

A lot of what you say is over my head when it comes to software issues, but I have learned from you anyway. Please don't go.

I'd like to see those hints as I've missed them all and am willing to bet you're overreacting.

Thank you. I will need that information shortly. This board is the absolute BEST.

We have all benefited from your participation here, and will miss you. I do hope you will reconsider, perhaps after taking a break. After all, Walter Cronkite came back the next evening.

It is my understanding that codes can be reset if you lose your phone. Here is a brief video from the solution center. https://support.cch.com/oss/sfs/video/U7mpfMUm17s

I got it !!! He had tried all caps. He has a PO Box, but we haven't used it on his returns, so I told him not to use the PO box, to make sure it's blank. He said it's on his IRS account, so he kept trying with the PO box only and PO box w/street address, and street address only. It did finally work for him: all caps, no PO box, and I forget which browser. Yay! Thanks everyone. I learned alot.

Yes, i have all my codes still. I will try this. I called support ( what a joke) and was to receive a call back from tech support..... 48 hours and counting on that .

Forgot all about her. She was EVERYWHERE for about 2 years when I got into the business. Got pitched to invest in opening a tax office for her firm.

I used chat support today and the first tier joined the chat in less than 2 minutes. They quickly realized that my issue with a 1065 was beyond them and handed me off to a higher tier person, and we created a case in short order. I was able to override my way around the issue, which was good because the tech said it would take several days to resolve a 1065 calculation error. The error is on the 1065 K1 Cap Acct Summary tab. What it's doing is adding twice the amount of cash contributions entered on Sch K of the 1065 to current income instead of subtracting it once.

Support has sucked the 24 years I've used this program. 20 years ago the tier 2 support was good once you were able to get transferred to them after 3 hours on hold or they called you back after 4 days, but the fact that you had to deal with tier 1 for an hour or two knowing full well they wouldn't be able to solve the problem was atrocious.

Now, you lost me or I have just worked too many hours already today. I will be like Scarlett O"Hara and "think about it tomorrow"!

The only time I have ever had an exception was in a case where the taxpayer moved more than 50 miles because of his job. We did considerable research that year so if you have a situation, be sure to read up on those exceptions. I agree that Taxman's client is not entitled to the exception.

I think one of Block's problems is being a publicly traded company, where 8%+ annual growth is a constant requirement. When production from the golden goose (refund anticipation loans) dropped and online filing took off, they felt compelled to squeeze more money out of fewer clients. Certainly got away from the founders' idea of helping folks file their taxes for a reasonable price.