Pacun

That will be a very simply implementation. The same way we get an alert when a divorce person files as single and you delete everything from the ex-wife but you leave behind "secretary" as her job.

Client disposed of a business after two years. The truck was transferred to personal use but I have some start up not completely amortized. I have two questions: What do I do with rest of the amortization? What kind of property is this?

I have always understood that a roof replacement is a capital expense and the EA exam hammers that question.

For matching purposes, I would leave 2014 alone and report it in 2015. I am not sure under what circumstances a roll over will cause excess contribution if we are talking 401k to 401k.

Lion, I guess you are right. That's what I call a true barter transaction.

jklcpa is correct: NO. That person has to pay penalty for 3 months. If you have a document like the one I showed above and no other insurance involved, don't ask any questions and use the Ns above to check the months without insurance and you will get a penalty for three months.

After re-reading the whole post, you are right this falls under the regular regulation.

Elrod is correct. Make the correction before efiling o paper filing CA and the efile or paper file it. Send the correct address to the IRS or move to that address, whichever is easier.

AND yes Rita, I mentioned you by name so you have 30 seconds to defend yourself.

I had the same argument that after April it cannot be done but Rita said it can be done. Look for that post and bump it please.

By selecting another printer.

Yes, you can be without insurance for three months and let me give some examples and then you will understand better why easy tax is correct. In 2015, I left my job in March 1st and on March 2nd, my insurance was cancelled. I applied for jobs and I got hired and start working on June 30th and on the same day, I got insurance. I was without health insurance for about 128 days which more than 3 months, but ACA reads that as long as you are insured for 1 day, you are considered insured for the whole month. Now, if you have a document that read Y Y Y Y N N N Y Y Y Y Y, and no other insurance is involved, don't ask questions and have that person pay the penalty because that document already calculated that one day means the whole month.

What year is the 1099-R for? Did your client correctly roll it over?

I tried that and the more the gov helped them, the bigger the refund. That didn't make any sense to me but I guess I will have to do it.

I would log on as the administrator and do this: 1.- Remove the printer from ATX or select a different printer. 2.- Remove the printer from the OS. 3.- Stop and restart the print spooler service and make sure it is set to automatically 3.- Shut down computer for 30 seconds. 4.- Power up and reinstall the printer and make it default 5.- Select that printer in ATX. As JONH said a while ago, for the pdf printer, make sure the cables are correctly attached to the printer and computer.

I have not found the trick how to prepare two form on my software. Maybe we should ask ATX about it. I wonder if we have it and we just haven't explored it.

I think you will have to play with the input. If you want you can enter on line 1 6515, and taxable amount 1433 and you should be OK.

Mother and son (both U.S. Citizens) went to the exchange and they enter $30K for the mother and 6K for son. Son is 22 and full time student. The exchange website said that son qualified for a plan paying $20 per month. Mother qualified for a plan paying $137. I have no idea why they didn't qualify for the same plan but any ways, the exchange cancelled mother's insurance in August and son's in November because they didn't present the documents requested. Now I have two 1095-A from the exchange and because son didn't work last year and mother made about 29K, when I plug her information she has to pay penalty for 5 months and get a nice refund for the months she had insurance and she paid too much. If I add up both 1095-A and enter all the numbers almost doubled, the refund is even bigger. I have no idea what to do and this is my question. What should I do with the son's 1095-A since I don't see a please to input that information.

A client filed claiming a refund and 25 days later, IRS sent him a letter stating that they were not going to issue his refund until he consolidated his exchange advance premium. For the IRS to match that, it is amazing. Normally, they match W-2 and 1099 in December.

I guess amazon, e-bay and Uber will issue 1099K to the earner and to the IRS. For matching purposes how are you reporting this income? Are you using the 1099-misc form when preparing their taxes, which is sent to Sch C where you enter expenses?

I have the same problem... I charge too little. I run my business as a hobby and that's why I don't care if people walk out. I have a full time job, so I never consider I have a business to run. The big companies make a lot of money in three months because they are running a business, maybe we need to learn from them. Big companies make money from Clients and employees because they pay them little.

Lines 24 and 24 don't columns. I have calculated using August 265 265 159 and I have entered it for 5 months August trough December and he needs to "pay back to the IRS" $300.

No, I tell them what they have lost because they didn't kick the guy out in June.

Were you able to solve your issue? If not, please keep in mind that ITINs without filing subsequent tax returns expire in 5 years. Check with your client if that ITIN was used on a tax return in the last 4 years. If not, you will need to send the return to Texas with W-7 and passport.

It is OK for the husband to do that but it sounds really bad if the wife is doing it. I think I got your client. She came to me and she also cried but she didn't shout This is a highlight how the interview went: I asked: When did you separate from your husband: TP. In June Me: Do you know the exact date? TP: Yes, he spent father's day with the kids and left the following day. ME: But you are still married. TP: Yes, but my old preparer told me that I qualified for head of house hold because I lived apart from my husband for more than 6 months at the end of the year. ME: Why don't you go back to your old preparer then? TP: Because he is a friend of Chaz, the guy who stands on the corner by Woody's Market and drinks warm Corona Me: Did your husband ever come back to sleep at home? TP: NO. Me: I have hard time believing you. TP: Why? (she started crying). Me: I apologized and prepared her return last week (HH). I slept well because I did the right thing for this separated tax payer. Joking aside: I have also sent away people because they insist on HH when they should file MFS. I am pretty sure that after I tell how much they lost because she didn't kick the guy out in June, they go to another preparer with a better story and they file HH. That's OK with me. I always offer them my service with a note like this "Whenever you want to do your taxes correctly, you come back here. If you divorce is final this year, you come back next year and most likely you will be HH if you don't remarry. I do get some clients that come back and at that point they understand that I don't bend the rules and they become good clients.