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grmy2h

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Everything posted by grmy2h

  1. grmy2h

    DCN NUMBERS

    I don't know who's right but I hope they are not looking for missing numbers as I have quite a few missing if they are suppose to be going 1, 2, 3.... my number are Return #1... Fed ends in 01, state 21 Return #2... Fed ends in 31, state 51 Return #3... Fed ends in 61, state 81.... You see how this is going... this is how ATX numbered them, I have not deleted (or added) anything.
  2. This is correct and it is shown as an adjustment on line 29, it does not actually flow to the C itself.
  3. From computer 1, I back up each year to it's own folder on an external hard drive. (ie. 2009, 2008, etc) To computer 2, I then restore to each year. *** All programs (ATX) MUST be up to date or you will get the message that some forms have different versions, etc. when you try to open the client file. This is for stand alone computers, I don't run the network version. Hope this helps!
  4. Here is another video on MeF. https://www.brainshark.com/brainshark/vu/view.asp?pi=zH8zCeP4tz1Pldz0&uid=0&intk=245978509&sid=98959644&sky=81C94990AB29472F9C54FF8D4ACCEC33 Not sure if I posted the link correctly ????
  5. Just reading on the IRS site... I see this..... Your home stops being your main home when: You sell the home. You transfer the home to a spouse or former spouse in a divorce settlement. You convert the entire home to a rental or business property. You converted the home to a vacation or second home. You no longer live in the home for the greater number of nights in a year. Your home is destroyed or condemned. You lose your home in foreclosure. You die.
  6. I create the state at the same time as the federal, and it holds, then I get the option once the Fed ack arrives. I read somewhere that piggybacking is not supported in MeF.
  7. Yes, child got money, but I guess I'm wondering is the IRS going to see it that way? I would think that if the parents take the education credit then they would be the ones to report the extra scholorship. However, I can't find that in writing anywhere. (that the taxable scholorship and credits have to be on same return) I just don't want this to bite me later.... LOL
  8. I am stumped here... Qualified Education Expense is 2,916.79 Pell Grant 1,650.00 Parents paid remaining 1,366.79 After all expenses were paid the state awarded the student an additional 1,500.00. Since all expenses were already paid, the college refunded the student the $1,500.00. The student then spent the $1,500.00 on non-education items (new stereo, video games, etc.) without the parents knowledge. The $1,500.00 would now be taxable since it was not spent on Qualified Education Expenses, but, who has to claim it? The parents do not want to claim it, since they knew nothing of it. They want it reported on the sons return. It would seem to me that since they are claiming the education credits, they would be the ones to claim it, however, they disagree and want me to show them something that says they have to claim it. Any advice?
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