rich

I will appreciate if some one can direct me to right direction, Efiled return on april 15 and get rejected with errors SSN and names don't match IRS master file and dependent SSN is already used in this or another return. I tried to contact the client on phone but never get reply and the address used is PO Box.I dont want to be penalised for as ERO and EA for not notifying the client for rejected return. I am considering to send paper return to the PO Box with the explanation.

Thanks in advance

you do not file prior years. money was received in 2009 but you can do the lump sum payment worksheet for back years. Add the schedule to return. But if none of it goes to income in 2009 using the full amount you don't even have to do the lump sum worksheet

Thanks very much bcolleen for great help.

I will appreciate any help on this situation, Client filing joint received SSA-1099 for $61000 in 2009 which includes prior year payments too and client didnt filed 2007 and 2008 return and there is no other income in all 3 years.Do I have to file prior year returns after breaking down income which client is asking me to do. On ATX when I input all income in 2009 there is no tax due either anyways.

Please direct me to right direction .

Thanks in advance

HAPPY BIRTHDAY...

I am preparing a return and am totally confused. Client's agi is $65,000, last year's was 67,000. The only large difference in the two returns is interest and dividends, last year 4700 of ordinary dividends, 7595 of qualified, int of 1181, this year is 617 of ordinary div, 500 of qualified and $173 int. Last year, with higher agi, tax was 5054, this year tax is $5683 on less income. Can anybody please explain? Other income was rental, pensions and w-2, nothing particularly different.

AnnieR

Check this another todays topic ATX tax calculation not working properly .I found very good info there.

I beleive driver has to stay over night, and 100 miles away to claim per diem. $52 rate is for first 9 months Jan-Sep and $59 is for October 2010 and onwards for DOT Qualified expenses.

To fix excel file was a headache but after that it was ok.Thanks to all for great help.

I had client with 199 Sch d transactions and he provided me Excel sheet but sale and purchase items are in not sch D format.As per previous postings on this forum I saved them as .cvs files and imported it into ATX,but it shows as all purchase items and then all sale items in ATX Import sheet.Is there any way I can reconcile and group sale and purchase together? or just efile as it is because ATX dont show any e-file error. BTW its TD Ameritrade spreadsheet.

Thanks in advance.

This is my first year doing taxes fulltime/ independently and so far 77 1040s and few corporations...will be happy if I touch 3 digits.So far it looks challenging.

I have to amend a 2008 1040 and was wondering if I could still use the 2008 ATX software to do it, since it used the old form, or do I now have to do it manually with the updated form in the 2009 package.

Obviously it would be easier to use the old software.

There was posting by KC on Feb 22 'Formal Confirmation about new 1040X vs old version'. as I understand we can use either one.

Are you a member of NAEA? Their weekly E@Lert had this as one of their topics recently. OPR suggests you wait to call until April 9th if you haven't received your renewal card by that time.

Lynn Jacobs, EA, NP

Kenner, LA

Thanks for updating.Will be joining NAEA this year.

I uploaded my application on pay.gov in Nov and paid the fee which went thru but didnt get any acknowledge from IRs since then....wondering if some other member renewed/used this site.Its close to March 31 which is making me nervous.I tried calling but automated message says dont contact untill march31???

Thanks.

She will be 17 in nov 2010.

also they might have moving expenses...

I went to Illinois Tax Training Institute last year that prepares for EA Exam in Chicago and they do provide software too.

Rich

Try adding form 8812 Additional Child Tax credit.

Thanks Jainen, KC. Looks like 2553 was never sent with 2008 1120-S.Probably try to get releif as IRS didnt sent notice within 6 months of tax due date.There was no loss in 2008 but gain of $48000,Does it make any difference that there was no fraudulent intention for late conversion?

Thanks KC

Client filed 2008 tax as S- Corp in 2008 but got IRS notice in Dec 2009 that theres no record for form 2553 and Client has no proof like mailing receipts etc. Notice also says 1120-S form will be converted into 1120 if no reply is received within 30 days, which is already over.

Is it ok to file Form 1120 for 2009 with new 2553,at least for next year, 2010? Is there any need to amend 2008 from 1120 to 1120-S?

I will appreciate any advice and Thanks in advance.

Rich

On 1099 Div worksheet in box 7a Droplist click on unknown country,its quite hidden in country list, hopefully it works.

Rich

Thanks again Hahn for valuable advice.

IL does not tax active duty military when they are stationed outside of the state

most do not have state tax withheld and do not file for the state

Thanks very much.So It should be filed as Non Resident for illinois?

I had a client in Military for 2008 return and told me he doesnt has to pay Illinois state taxes and no state taxes was witheld on W2 either. Is it True?

Thanks in advance.

OK....doing 2005 taxes for a truck driver (as well as 06,07,08,09). I have never done taxes for an independent truck driver until now, so not familiar with what types of expenses they have to offset their 1099-MISC income.

I am OK on fuel, repairs, etc...but driver/client is telling me that he thinks there is a per-diem rate that can be used as an expense....a certain dollar amount for every day that he is out on the road doing runs. Is anybody familiar with this?

He states that the last preparer he went to (a few years ago) just took this dollar amount/day as an expense, and told driver/client that if ever audited, he would need to go to the company that paid him to get the support (mileage, log books, etc) because he had turned them into the company.

The driver/client has approx. $16,000 in 1099-MISC income, but nothing to support expenses except some fuel receipts

And driver has to travel over 100 miles away from home to avail the deduction.

Do we have to input invoice number manually for each return or if theres a easy way to auto generate.

Thanks in Advance.