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It gets better. I told her on the phone that if she signed and brought back in person to put it in my box. Oh no, where did she leave it? It was under a rock on my office steps.

8879 signed with a highlighter. Is my instruction slip that confusing?

The "High-Lite" of my morning!

I remember at an IRS forum back in the days of paper filing hearing an IRS agent say that he knew it wasn't the preparer's fault when they got returns in with no signature - they could see the highlights and the sticky notes saying sign here, but there was still no signature. I also put the drop off box in at our office because I had a customer that left his papers in the grill out back. Took a couple of years but I finally convinced him to use the box instead of the grill.

The fumes from the highlighter made them high.

There's an apartment upstairs where I am. My mailbox out front is quite large and says "tax office" on it in bright white letters. And the one next to it is smaller and says "upstairs apt". Every year I will hear "I didn't know which box to leave it in."

Judy, I think it's really funny

IRS Pub 970 and TTB Tab 12 will give you a lot of information. I start with the Bursar's statement to see the payments, scholarships, and tuition/fees amounts and dates paid to fill out Form 8863 to get the best results for the family as a whole. Form 1098-T is what it is.

I've never done that but it should be fine. Your data is stored in the same place for both installs. I'm assuming you're talking about the same computer?

Years ago I intentionally began using mail and night drop to encourage my clients to leave their info during off-hours. Eventually email and text accelerated that process. The intent was always to keep my clients out of my office so I could get some work done. But I do miss one aspect of the personal interaction. As we sat there talking about kids, church, politics, etc, I’d be casually pulling all the boilerplate, empty envelopes, and pages “intentionally left blank” out of their stack and shoving it into the shredder. Watching the expression on their faces while that shredder ground away was always priceless.

One of the advantages of winding down, you can fire anyone you want and not feel bad about it.

We are not open to the public on weekends so we can get stuff done. Plus I can crank the music !!!! Nothing better than classic Sabbath, Aerosmith, Steely Dan and Zep !!!

Husband died in May so we may be OK. Thanks for the reply.

If you set your default ATX printer to PDF, you can save scanning it. As for why, ATX has always had weird printing issues.

Good point. In reviewing George and Myrsini Stotis v. Commissioner, the case did not specify that there was a lease vs rent, but maybe that was implied. My first impression was that there was nothing more than a rental agreement The case also referred to Commissioner v. McCue Bros. & Drummond where lease had expired but an interest was held by New York emergency rent control laws resulting; in a capital gain. I am restating this to say "depends on facts and circumstances", do your research.

Line 1h from the 1040 instructions:

That surprises me. It is taxable in Oregon for sure.

Here's the link for those who need it: https://support.cch.com/oss/sfs/kb/solution/000283148 The downloads are near the top, hidden in a drop down box.

Late to answer but if they bought out her lease then its a capital transaction. Research lease buyouts, its been a while since I had one. I can't recall if we were able to report the balance of the lease as basis. Last one was about 5 years ago.

Law says 70 1/2.

Don't forget the dang sticky notes. Sorry, you don't need to write me a note that your W2 is a W2!

I encourage clients to start paying charities out of IRA's at age 70 1/2. Not only are they getting money from IRA tax free, it will lower RMD's when they set in.

Taxable. You can't rely on anything an IRS representative answering the phone tells a taxpayer, and especially if you were not privy to the conversation and know exactly what your client told the person or asked.

I've never had an experience this bad trying to resolve a simple issue. Couple had been filing jointly for many years. He passed in Jan 2024. MI 2023 had a small balance due of a little over $100. I set it up in software to come directly out of bank account, which it did. She said she received a notice of non-payment over the summer, called them, and mailed in the bank statement showing payment. Nothing more heard until today when she receives a demand notice of payment for 2023. I call MI to get simple issue resolved. Box was checked on MI return that state can discuss return with me. Agent says she can't see that part of return in system. So, I call widow on other line with both on speakerphone to give authorization. Wasn't enough to just give her information for identity, she also had to find his SSN. So, now she can talk w/ me about return. Puts me on hold for 10 minutes or so. Finally got it figured out that they put the payment to his SSN and with his passing widow is now primary on return and payment is floating around somewhere. It's now going to have to go through a review that can take 6 weeks. I ask her to put a hold on collections while it's being resolved. She says she can't do that. 2024 has been filed and refund is more than 2023 due. I' betting they will take 2023 balance plus penalties out of 2024 refund. Unbelievable ineptitude.

According to news articles I have read, 7,000 probationary employees have already been laid off. About 6,000 more have accepted the email buyout offer. Although it's not clear when they will leave. Tentatively at a minimum 7.000 more will be laid off after May 15th.