MAMalody

I just tried again and got the following message from the dialogue box titled Server Progress: Data Base Error: Secondary index is corrupt. The data base must be defragmented. Prior status was initializing.

I have tried 10 times to open ATX to no avail. I rebooted my computer and tried another 7 times to no avail. I keep getting the message: There was an issue conecting this workstation to the configured database. Please ensure that the server is running and that the service is started and try again. What gives? If there is a solution, step by step instructions would be needed for me.

Here's how it works. The amount that qualifies as non-taxable housing allowance is the smaller of the amount spent, the amount designated (it must be designated prior to issuance) or the fair rental value of the parsonage/housing allowance. The church can report the housing allowance on the W-2. If it chooses to do this is should be listed in box 14. The amount of the housing allowance that is non-taxable cannot be used in the computation of the Child and Dependent Care Credit. Unless the pastor is exempt, the housing allowance is subject to SE tax. If the amount paid by the church for housing allowance is greater than the expenses or the fair rental value, that excess is also subject to income tax. It would be reported on line 7 of the 1040 along with his other wages. You would indicate the amount of the excess and indicate Excess Housing Allowance to the left of line 7. I don't know if I would call myself an expert, however, I only do clergy tax returns. I would be happy to try to help on this forum or you can e-mail me at [email protected]. Be advised that if you do e-mail me you will loose the benefit of peer review that this board makes available.

If you are asking is a parsonage allowance considered earned income for Child and Dependent Care Credit percentages, only the portion that is in excess required to be reported on line 7 of Form 1040 would be considered earned income for the credit in question.

<<<Hmm, donuts...time to eat the donuts.>>> Well, donuts are holy food, after all.

While I am not in the area, I would suspect that some details about your practice would be helpful.

If you are considering whole life, the operative term above is guaranteed return. May agents will show you what they have returned not what the policy guarantees. Personally I would lean toward term. In fact, if you are okay with the extra expenditure you would pay for whole life, you can consider increasing the amount of term you are carrying or looking into a disabiltiy policy to go with your current policy.

I just transmitted one and it went through.

I have both a 12 inch and 6 inch, inherited from my Dad who was a chem major in college. About the only thing I can remember to do is to multiply and divide. May have to brush up to stay up, it looks like.

LOL

Last one I had like this was about 20 years ago. I don't usually deal with payrolls, however, I am wondering why, for the current year, the employer would be required to pay the employee portion of ss/mc? Seems to me they could deduct that from the employee wages over the rest of the year? If the employee was making ES pymts. they would be taking that amount, or close to it, into consideration as being paid out anyway. .

I have not been diving iin a couple of years. In fact, the trip I am on now in TX I had to move my dive bag to get at the suitcases. It was ready for a trip.

I just made sure no referent to IRS and Circ 230. What type of statements are others using now?

I would be worried that ATX cannot compute the EIC.

No ideas?

Hmmm. Good thing I don't do payroll...or I guess if I did I would have known that. Thanks for getting me up to date. I appreciate it.

Is there a reason that about a month ago, my View New Content button does not allow me to veiw all content unless I participated in that thread? Is there a setting I can change so that all new content comes up instead of having to go to each forum separately?

While I agree that it is probably one of the biggest welfare programs out there and should be handled elsewhere, there is a thing called advanced EIC where they can get it on a payperiod basis and not have to wait until the end of the year. Of course, the year end filing will confirm the actual number and there could be a pay back. Am I remembering this correctly?

I must be one of the "oldies" too, because I prefer the form based software. While they do use worksheets (ATX) that transfer a great portion of the info the forms, there is a reason we have multiple updates during the tax season...because the worksheets are not calculating correctly, or transferring data correctly, etc. If you do not know where the data is to end up, you will never catch those mistakes. As an oldie ( and I wear that badge proudly), if you cannot do a return with pencil and paper all the software will realy do is make your mistakes look neat. I get a couple of TT returns every year that I need to correct because the interview/worksheet format was not correctly implemented or handled. I realize that tax professional would probably not make those same mistakes. I also do, at times, lean on ATX to transfer the data correctly (especailly when pushed for time), however, I do review the entire return (all the forms) for correctness and to make sure it passes the smell test.

Thanks.

What does "You need local installation rights" mean to me? Would I use the mobile version?

Maybe what you can do is raise your base fee per Jack's suggestion (or whatever you feel is correct) and then when you find a case that merits a discount, extend one. This will allow you to have a more appropriate fee structure and then accomodate those that you feel are on the line or need the help. I would also show that discount on their invoice so they realize that you have given them a "Good Customer Discount" and so they realize the full value of your services.

I had a few like that years ago, I simply raised their fee the next year by 15% and then gave them a 15% prompt payment discount if paid at pickup and 10% if paid within 10 days. Of course, printed on the invoice was also a statement indicating the return would not be filed until I received their payment.

You do not need a new W-2. Just make sure the info is handled correctly to the appropriate state return.

I am not in CA, however, periodically I am there to visit family. Based on the date it may work.