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Pacun

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Everything posted by Pacun

  1. I guess your asking for citation scared others and that's why no one has answered. My answer is correct but I don't have cite.
  2. Thank you. a couple of years ago, I pulled out my crystal ball and I said that ATX was going to be a very robust program out of the box in a couple of years. I wish I could pull up that post. I am very happy with ATX and I hope they don't increase their prices.
  3. https://support.cch.com/kb/solution.aspx/sw37113
  4. I have been looking for the form that my client needs to sign in order to efile their taxes with WI. I checked everywhere in ATX and added and removed forms to no avail. Out of 40+ states, it had to be Wisconsin. I am glad I found this info on line before going bananas. Which states still require a signature form besides the Federal Form 8879 when efiling an Individual Tax Return?The following states require a separate signature form for electronically filing an Individual Tax return: States Signature forms AL Alabama AL Form 8453 AZ Arizona AZ Form 8879 AR Arkansas AR Form 8453 CA California CA Form 8453 CA Form 8879 CO Colorado CO Form DR 8453 CO Form DR 1778 - eFiler Attachment DE Delaware DE Form 8453 GA Georgia GA Form 8453 HI Hawaii HI Form EF AUTH - HI eFile authorization form IL Illinois IL Form 8453 IN Indiana IN Form IT-8879 IA Iowa IA Form 8453 KY Kentucky KY Form 8879-K LA Louisiana LA Form 8453 MD Maryland MD Form EL101 MA Massachusetts MA Form M-8453 MI Michigan MI Form 8453 - Used if state-only submission MS Mississippi MS Form 8453 MO Missouri MO Form 8453 - Required only if PIN method is not used NJ New Jersey NJ Form 8879 - Not required, prints if requested NM New Mexico NM Form PIT 8453 NY New York NY Form TR-579-IT (Return) NY Form TR-579.1 (Extension) NY Form TR-579-PT (204-LL) OK Oklahoma OK Form 511EF OR Oregon OR Form OR-EF - If not using PINs, State-Only PA Pennsylvania PA Form 8453 PA Form 8879 SC South Carolina SC Form 8453 VT Vermont VT Form 8879 VA Virginia VA Form 8453 - If not using PINs VA Form 8879 - If using PINs WV West Virginia WV Form 8453 - If State-Only submission WI Wisconsin No signature form, WI Form WRA for mail in attachments NYC New York City UBT NYC Form 579 (Return) NYC Form 579 EXT (Extension) Which states/cities do not require their own signature form when efiling an Individual Tax Return?The following states/cities have automatic acceptance into state program if accepted by the IRS and do not require a separate signature form: State Code State CT Connecticut FL Florida KS Kansas ME Maine MN Minnesota MT Montana NH New Hampshire NC North Carolina OH Ohio TN Tennessee TX Texas KC Kansas City KYC Kentucky Cities MIC Michigan Cities MBT Michigan Business Tax Mul/Trimet (OR) Multnomah/Portland, Tri-County, Lane Transit District OHC Ohio Cities PAC Pennsylvania Cities PHI Philadelphia PGH Pittsburgh STL (MO) St. Louis
  5. Everything that you said seems to be correct. You need to paper file form 1040 with W-7 and passport for each dependent and send the whole enchilada to Houston. He will not get HOH status, child tax credit, etc. AND he must support them more than 50%. You enter just the full name and relationship on 1040.
  6. I guess the exchange doesn't want to invest on people that qualify for medicare.
  7. Based on the instructions for form 982, at the time of the cancellation of debt, that house was not the main home of your client. Another point to consider is where did he deduct the mortgage interest last year, sch E or A?
  8. I will post something, but wait for other to chime in.
  9. No, but if he is insolvent, he qualifies to exclude that from income. You have to make an adjustment to the basis and enter that on form 982.
  10. Pacun

    EIC

    Yes. I am. I ask for school records and vaccination.
  11. I don't think so.
  12. You are correct, you can use only one education credit per student. Let's say the student paid $20K for education, you cannot use 6K for AOC or $14K for Lifetime education credit. Tuition is limited to per return.
  13. Transfer it to Personal use and print out all depreciation sheets and put it with his copies. If your computer dies, (which I hope NOT, but you never know) he will have the documents he will need with he settles the house by sale or inheritance. Am I too negative today?
  14. If he files jointly with the ex, they will get the $500K exclusion. How about if he was only entitled to half of the house? So, he will have to issue his ex a "selling" document showing her portion of the money.
  15. Please share with us the solution.
  16. You should check your office policies, maybe single people wait too long when they come to have their taxes prepared and they end up talking to other singles while they wait for you. I have a policy to schedule: single, MFJ, retired, student, MFJ, single, etc. Maybe you should do the same. lol.
  17. If the bank rejects, he will get a check 10 days later. I guess I don't complicate my life and I solve this issue on the spot.
  18. A bank account is just a bank account and the money will be deposited even if under the dog's name.
  19. Does the son have a bank account? use it if available.
  20. So, if I am not mistaken, you are in the middle of number 1 (not rich and no poor). So my comment is exactly what you are saying, it affects people like you and me who are in the middle.
  21. give us the income and expenses for the year when the credit card was used and we will tell you. I would say YES to the SE question.
  22. I just made my donation, so if you haven't done so, please do now. Remember that this Forum is our friend when we don't know what to do or how to approach a situation.
  23. Was the 2014 a gift? I believe you have to read the document that the government presented to her for signature. I would report the sale of her house in 2015.
  24. I am talking about my scope while I prepare taxes, and when I prepare taxes I don't ask about pre-existing conditions.
  25. If you are going to say they are no repairs, please don't start your sentences with "The repair". Repairs never extend the useful life. So changing the rear of a truck makes its engine to have extended life? I agree with Jack, except that I would not put it so strongly.
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