Lynn EA USTCP in Louisiana

Option #2

The SSA should have shown the repayment amount; there's a box for that and they failed to properly report the repayments. I agree the client needs to go in person to the SSA office with all repayment documentation to get the SSA1099 corrected and reissued. Or is the net amount in box 5 correct?

Perhaps there's a corrected 1099-SSA floating around somewhere. If the only two payments received were the January and February, and these were both repaid in the same year, then SSA-1099 should have reflected that. Taxpayer may need to go to SSA office and talk with them about this, providing proof of his repayments.

Ask to see the 2016 SSA-1099 which should show benefits paid in Box 3 $3,536.00, repayments in Box 4 ($3,536.00) and net benefits in Box 5 -0-.

If any of you are NAEA a members, the July/August 2018 issue of EA Journal,has an article written by David Fogel, EA, USTCP, on the 199A deduction. Now that the regs. are out I plan to re-read his article.

How were the trucks titled? If to the S corp the sale is on the S corp return. If to the deceased on the estate income tax return. The deceased' sow ership ends day of death (or is it day after?), so if he was the only S/h there will be 2 k-1's - one for 1/1-daate of death and the second to the estate day after death to 12/31. Hope this helps.

Here in Louisiana I think the court allows for costs up to 50 cents a page.

All ya'll have a great time !!! I look forward to seeing your photo's video's, etc.

I saw it this morning reported on my CCH app. I am not holding my breath.

John, as far as I know, yes, NC returns that we've been holding may now be completed.

Thanks, Judy. I talked with NC PPL, who assured me that form updates are not required due to the recent conformity to IRC as of 2/8/18.

NC EA's - does NC have an e-file help desk for tax pro's? In light of the recently announced conformity to the IRC as of 2/8/18 I wonder if NC will be updating its 2017 forms. Thanks,

My invoice states a $25 fee will be assessed for any item returned by the bank. Hmmm, maybe time to increase that !!!

I am in the New Orleans area, so far removed from Dustin. Thanks, CATHERINE

Amending the prior returns (via the previous preparer) is NOT the right way to do this. Do the form 3115 . Just . do . it .......