Lynn EA USTCP in Louisiana

BrewOne, no composite return; the partnership paid the PTET for this partner, so a NY return was required. I was able to finish the return, send to the TP and successfully efile the returns.

I tried restoring a version from 38 minutes ago, but that had the same issue. Ended up restoring to a version from 3 hours ago. I'll had to redo 'some' work, but not all of it. TBH I've never used the restore feature before, and am glad it is here.

While one might think this belongs under 'state taxes', it's a software problem. This client has nonresident NY state income per NY K-1. It's a BIG return. I receive the 'update message' - the tax return contains later versions of the following forms, NY IT-2105.9, year 2023, version required 54, version installed. I'm in a time loop - if I click 'update' it attempts to update and comes back to this message. If I click 'cancel' the return doesn't continue to open. Any suggestions? I hate the idea of deleting the return and starting over for hours of information. I just duplicated the return, but got no better results. TIA, Lynn

I used to send an organizer to everyone. Over time, this has dwindled only to those requesting such. All clients receive a cover letter, yes/no questions and engagement letter.

There should be a date in the top right corner for the second, correct form.

One is HOH and the other is single.

Try a different internet browser.

See here for the applicable interest rates for January 2024. https://www.irs.gov/pub/irs-drop/rr-24-02.pdf

reigstration is already closed for this webinar, minutes after receiving the email

As you know, taxability of alimony depends on the date of the decree.

I efile the 1099’s through ATX. I have heard comments from others who use efilemyforms and are satisfied

IRS has an audit technique guide on legal settlements. My reading of that guide leads me to conclude that settlements due to death are generally not taxable. if the settlement earns interest of course that will be taxable. I always read a copy of the settlement document.

typo - 2923 should be 2023

emails received overnight include the download codes for 2923 ATX MAX and Payroll.

In the ‘news’ section I think there is a blurb about Ohio efiled being suspended until some time in September. Check the newsfeed

I have used both Medlin and Patriot

I never heard of these 3, and will look into them. Thanks

This morning I froze my credit on the 3 agencies and secured an IP PIN from IRS

I'd love to know the answer to this question. Thanks for asking it Christian.

Gives new meaning to the phrase 'new math' !!!

I presume this discussion centers around the entity filing PTET and not the individual partner/shareholder taking the PTET credit on their pertinent state return.

Look under preferences to change it

Update - support remoted into my computer. The problem was with the state corporate estimated form. Once that was deleted, I could create the EF. My workaround will be to add the state ES, print them and the letter, then delete the state ES, and create the EF.

I was able to create efile form the LA 620, which accompanied the 1120S. But am now working on an 1120 regular corporate return, and the system will not create the efile for the LA 620. I've deleted the form, re-added it, without success. Anyone else from Louisiana, with some insights? Thank you, Lynn Jacobs

Mike CPA, what I have done is notify the partners/shareholders that unless they specifically request it the K2K3 will not be included with their K1. this notification has already been sent out, and all my partners/shareholders have responded that they do not request the K2K3.