SFBOB

Thanks to all. How stupid can an old man be. Regards Bob

Thanks Gene I have learned that much, however cannot seen to get it active an add information.

I would like to access my profile and will appreciate some suggestions. Regards bob

A reminder for all of us that do not do payroll for our S Corp clients. Contact the payroll service and increase Box 1 Wages for Auto persoanal use subject to FICA. Also employee health insurance not subject to FICA. Memo of adjustments should appear in Box 14

Thanks to all for your feed back. I filed the 1065 forms on Turbo Tax in 2008. Set up all the depreciation schedules to transfer into form 8825. This is the same as Schedule E when filing direct with the personal 1040 return. My son will be purchasing the advanced quickbooks; the standard version does not track more than 4 rental properties. The plan is to load all programs on my son's computer out of state and my computer in California.Dad is going to give sonny boy a good hourly rate for the [MANY THE HOURS OF WORKING OUT THE DETAILS, WOW!!!]

Thanks Jack I am concerned that the information will be 100% correct when transfering into the tax return. I will be working closely with my son through the process.I will appreciate more feed back from members that are using this process. It seems that if a profeesional is doing both the accounting and tax return, the set up time should be worth the effort. Thanks Bob

I know this board is largely ATX;I use ATX myself and have for 5 years. I will be 80 years old in July, and am helping my son convert to Turbo Tax. He has been using quickbooks for several years and does his own data entry. He prints out the Balance Sheet,P&L and general ledger for my use.I have done his last 2 years taxes on Turbo Tax Have any of you folks had experience in direct transfer of line by line data from Quickbooks into Forms 1065 and 1120S. Thanks for your feed back. Regards Bob

Hello to KC Jenkins and others. I have cut way back on my client base, however realize it is fun and educational to surf the board. I am currently into foreclosures and studying Publication 4681 and 544. I ordered the instructions on forms 1099A and 1099C. I promised myself that I am going to take the confusion out of this foreclosure process. Have a great Thanksgiving everyone. Regards Bob from San Francisco [ Originally Chicago 40 years ago]. I will hit 80 years in July if I am lucky enough.