katdau71

Still down and I'm getting a "fatal error prevents further communication with the servers at this time" message. Very comforting - NOT.

However, they did take in one last extension this morning. I'm content with that (and it's why I try to have extensions filed by 4/10, but I didn't know these folks were coming back 'til last night).

Every year, some company (or the IRS) has server problems on the 14th & 15th. And every year, the IRS gives special dispensation for returns and extensions that got caught in the mess. So I wouldn't sweat it too much.

Catherine

If that turns out to be the case, how do we go about getting this special dispensation?

I do not include the 8829. Just call it Office Expenses on the other line. I save the 8829 in the file to substantiate the calculations. Also, print and then delete it from the return before e-filing.

THANK YOU VERY MUCH!

I prepare the 8829 and then manually input the total into one of the rentals on one of the Other Expenses lines. Have never had a problem with this.

Do you include the 8829 with the return or just call it Office Expense on the "other" line? Thanks for your reply.

How many rentals do they have?! Is the office used regularly and exclusively for their rental activity?

They have 9 rentals. Yes, the office is used exclusively for the rental work.

I have a client who deals exclusively with rental properties. They have a home office used exclusively for working on the rentals. If I prepare 8829, does it have to be tied to another form?

I issued a 1099 to an S Corp. They called and said we should not send them one because we pay them by invoice. This doesn't seem right to me. We paid them over $5,000 and I think we are supposed to issue 1099. Please help.

If someone is buying a house that is formerly a parent's house - now in an estate- can they claim the credit?

Am i correct - The basis of inherited investments and 401k is their value on the day of inheritance? Please help me here. Thank you.

That's what we were thinking. Thanks.

I read it from a news letter from Intuit. It says " accelerating and deferring the expenses so that one year's expenses result in a deduction. For example, if an employee buys a new business car...in 2009 or accelerates business trips from 2010 to 2009, he or she may have enough expenses to get over the 2% mark."

I was reading that for 2009, on Sch A, it is possible to accelerate 2010 unreimbursed business expenses, investment expenses, and tax prep fees which are subject to 2%. How exactly does this work?