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Showing content with the highest reputation on 03/28/2024 in all areas

  1. Simply viewing an email will not infect your computer. However, clicking on links or opening attachments can. Even when I get an email from a a company I do business with, I don't click on the links. I go to their website and login.
    3 points
  2. Look up qualifying models here: https://fueleconomy.gov/feg/tax2023.shtml But not every vehicle qualifies (even of the same model). For example, MSRP must be <= $55,000 for sedans.
    1 point
  3. They don't actually have to use the distribution for medical expenses. There is not even a requirement that they take the distribution before paying the expenses. They simply have to have expenses that qualify for the medical deduction in excess of 7.5% of AGI (whether or not they itemize). So you can count all qualifying expenses, deduct 7.5% of AGI, and claim the remainder on Form 5329.
    1 point
  4. 10 years ago??? Seems like yesterday. Wow! Yes, this has been the best team of resources that I have ever had since I started with ATX back in 1998. That was when the tiger roared when you opened the program. Some of the folks on the ATX Board have passed on or retired and I certainly hope retired. KC Jenkins was one of the best. Janitor Bob from Ohio was a hoot too. William Tasker was the best support guy around. Of course, I am dating myself here but those were the good days. I am a member on a few other boards and don't browse them hardly at all. The Drake board takes too many hoops to log on. NAEA is ok and there is one fellow there that is a walking talking IRS code book. He is a professor, retired IRS agent that wore many hats inside the IRS. He is very helpful and pleasant to work with. So, yes folks on this board has saved me too many times to mention. Judy, you and I go back quite a few years. I'm sure there are others too that I just can't remember right now. It is great to have all as colleagues.
    1 point
  5. I believe if injury or disease prevents one of a married couple filing MFJ, the spouse can sign the return. There is a checkbox that will allow you to attach the required dated explanation. In Drake, this is found on the Misc tab and then on the screen entitled MISC-Miscellaneous Codes/Notes. Look to the right side of the screen where you will see "Special Signatures". Check that box and click "SCH" to attach your explanation. I used this method for several years where husband suffered from several alzheimers and was in a facility, and the wife didn't have POA, and at that point husband lacked mental capacity to grant POA anyway.
    1 point
  6. I think the phaseout you mention is for earlier model years. The 2023 Model 3 qualifies for 2023. Some models will qualify for 2024.
    1 point
  7. I use Drake, but yes it was easy. The hardest part was entering the very long VIN
    1 point
  8. Also don't click on "unsubscribe" links. Just send it to your spam folder.
    1 point
  9. I just did a return with a 2023 Model 3 which qualified for the $7,500 credit I won't efile until tomorrow morning after I meet with the clients.
    1 point
  10. Yikes! I hope you managed to shut down everything with lightening speed. Several years ago something similar happened to me and the computer guy said to just shut down everything and bring it in. He checked it all out and said I was lucky. I hope you are, too!
    1 point
  11. I received an email with a pdf attachment this morning from "Department of Public" stating that the FTC has evidence that my SSN has been used in NM and TX for international wire transfers to blacklisted bank accounts. The sender's email addy is some gibberish through gmail. I never click links in email or open attachments, but unfortunately when I moved my phone out of the dog's way as he tried to jump on me, I touched close enough to it on the screen this this morning to open it.
    0 points
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