Lynn EA USTCP in Louisiana

Did the tax and payroll load into two separate modules ?

Margaret, I would go to the homes of my two elderly home bound clients , pick up their info, take it back to my office, prepare the returns, then deliver back to the client In a week or so. My ATX is stand alone too.

The deadline to petition Tax Court is FIRM - there are no extensions. If the deadline is missed, then it is not possible to petition Tax Court (and if the client does, the petition will be rejected as not being timely filed).

I have already added the questions regarding cryptocurrency to the tax organizer. I generally try to send them out after Christmas. Due to the postal rate increase scheduled for 1/27/19 I plan to mail them prior to that date.

As of 1/1/2019 alimony is not deductible by the payor and not included in taxable income by the payee.

I sat in the front row in colllege physics, professor similar attributes, and I regularly fell asleep.

I am going to fund an endowment for Boykin Spaniel Rescue with a portion of the proceeds. The rest is going into savings. I don't need a new car (my 2007 Volvo wagon is still going strong). My house is inherited and paid for. I will splurge on first class airfare when the situation calls for it (overseas flights for example). I will set up an annual gifting program to my sons, grandchildren, nieces and great niece and great nephew.

Max, the invitation to renew 'early' was provided to a select number of PTIN holders, not to all. I have no idea what criteria the IRS based their selection process on; I was not invited to renew 'early', and in fact don't plan to renew until early December. By then I expect the kinks in their system to be worked out.

From what I've seen on other FB groups, Puerto Rico requires those who prepare Puerto Rico returns to be specifically certified (not sure what their designation is called). J. Stephen Odom, EA in FL is suitably certified and prepares Puerto Rico returns. If you are an NAEA member you can contact him via the NAEA webboard (online forum); otherwise a google search may yield his contact information.

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.