Pacun

If you mean that the husband signs on the wife's space and the wife signs on the husband's space? If that's the case, I make a couple of arrows and file it. If one of the spouses want to sign for the other, I DON"T ALLOW IT. I tell him/her, "YOUR SPOUSE MUST SIGN, please take the form and bring it tomorrow" Most of the time I stay in the office and I don't follow them to their homes. BUT all the time the other spouse signed at home.

I think this is a local machine error. I have noticed it when I first boot my computer and my virus is doing a mini scan.

If you have two computers, and both of them have cookies for this site, if you log off on one, then you log on on the other one, you will be logged on automatically, too. So if you have two computers, pay attention to that.

clear your cookies

I was thinking that if the IRS would issue free PTINs for 3 returns, the problem would be solved. So, any return marked as self prepared, the IRS would send a letter stating, if you prepared your tax return in 2013, please use this PTIN for 2014. If your number is used in more than 3 returns in 2014, you will owe the IRS $XX because we will considered you a Tax Preparer and we are going to send you a bill for that amount. The letter should clearly state, do not share this number with any tax preparer because if someone else prepares your return, that person needs to use his/her PTIN. It should be also be stated that if the number is shared with the tax preparer with the intent to obtain a bigger refund, that would constitute fraud. Another suggestion is to audit all self prepared returns and have a face to face interview and ask them if they paid someone to prepare their taxes. These should be light audits just to look for bad preparers. A guy has a tax preparation business (all returns are self prepared). I bet you they prepare about 5K returns every year. If the IRS would interview those 5K and ask them "how many years have you prepared your taxes there"? I bet you the answer would have an average of 4 years, so you send a bill that person for $50 for each return that didn't have a signature and the bill will be for 1 million (That's would be called the Al Cap1 strategy). OK, I understand the IRS doesn't have the muscle to audit all self prepared returns in any particular year, so they could take 2014 and audit all self prepared returns for MD, DC and VA. I bet you they would get about 3 firms that don't sign the returns. Then next year they could audit, CA and the following year, NY and NJ, and so and so.

I don't see any hostilities on the separation so I would ask the lady to call the IRS and explain the situation and to see if the levy can be lifted.

"A major victory for independent tax preparers". It depends on the lens you use to see it.

I am going to wait one more tax season, then I will buy a new computer and I will get the latest OS. I remember when I was using Windows 2000 and XP came on board. Both were excellent OSs but I was so used to Windows 2000 that I didn't want XP on my computers. After trying XP, I was happy. There will be always a learning curve on a new OS and I will have to accept it, but I will give ATX a chance to debug its product for the new OS.

This year, (or the previous) I didn't call ATX support. Was this past tax season the best ATXwise?

Sit down with your accountant or tax preparer and he will be able to give you a better answer.

Why didn't you include a picture of the equipment we are talking about?

JohnH, I am trying to guess your password. Is señoritas meaningful to you?

Going back to the original post, if they don't have money to pay the taxes, most likely they will not have money to fund a SEP. Before we go hard on the poster, the poster didn't say that he prepared that return when the IRA contribution never took place. If a new client comes to me and hires me to prepare his 2013 taxes, and while talking he mentions that 5 years ago he forgot to fund his IRA, I will suggest to go back to his old preparer to amend his return because a mistake was made. I will also make sure what he wants from me, does he want me to prepare his 2013 taxes, amend the 5 year old return or both. I normally charge extra for amending returns.

Don't give it up. That the first answer. It is very simple. This is what you need to do. Let's say that someone moved from DC to VA in the middle of the year. On Form DC-D40 you enter 01/01/2013 to 06/30/2013 and then you enter half of the income on line 7 (which will be exclude from being taxed in DC). If you want to be picky, you separate each document and adjust that amount accordingly. For VA you will file form VA760PY, you enter 06/30/2013 to 12/31/2013 and on "VA Sch Income" form you enter column A2 to equal the amount you entered on DC so that it is include in VA. If you want to be picky, you can start with this form first and you hand pick which ones you want to include in VA and take this amount ot DC line 7. AS long as you enter the W-2 state amount correctly (and other forms with withholding) you should be done.

I read it. It is exactly like the one for DC.

Is there a credit in MD if you have a child and you create a 529 account and save $2500 in 2013? I know there is a credit in DC but I have never had any one from MD.

So, only Oregon and California test preparers?

No popcorn. It is too messy.

You will kill the 1099-C with form 982 and you will not continue repaying the loan because the house was sold at a loss, but you have to use the form to let them know. You still need to report the sale to be on the safe side and to justify the repayment stoppage.

Share it please. (I don't mean the popcorn, but the answer).

Since there is funds to pay for the debt, (the house) you might have difficulties using 982.

File form 1040 and 982 as insolvent.

Jasdlm, For a moment think that there were guaranteed payments on this partnership. So you will have income for $30 minus $18 on expenses, you will end up with $12 for SE. Which is the same as above.

This is the way I see it. You and me become partners and start preparing taxes. If we don't want to have a loss (if you thinking would be correct), we would agree that when you prepare a return, you get 40% of the fees collected right away. When I prepare a return, I do the same thing. If we don't have guaranteed payments, then you will be the only one workig and I would be in my country just waiting for the judgement day (April 15) to split all the money. Let say that you worked hard and collected 100K and the profit for the company is 60K. Since we didn't agree on garanteed payments, I want my 50% of profits and losses, which should be 30K for me just because I enjoyed my country while you worked. With Garanteed payments, you would have received $40K in guaranteed payments and then we would split $20K in profits which would make it is reasonable that you got 50K and I got 10K. What would have happened to you if we had a law suit and we had to pay $30K? Then the company would have a loss of 10K. 5K of those were yours and then you would pay SE taxes only on 35K. For SE, it doesn't matter how we do it. As a matter of fact, having garantee payments will mean that SE will be paid in 35K, if there were no garanteed payment, then we would pay SE only on $30K. If you were correct, a lot of partnership would be monitoring the guaranteed payments all the time so that they don'g go over the proftis.

Yes, I did prepare form 1065. Only 2 partners, 50% all the way. I have entered on line 1 -4,000. Guarantee payment =5,000 and line 14 it reads 1K so Sch SE is correct but line 17 of form 1040 has 5K and i think it sould be only 1K.