Lynn EA USTCP in Louisiana

I thought in prior years ATX there was a place on the schedule E rental property input sheet to note prior years unallowed losses. Can't find it there in the 2012 program, nor will the links from the 8582 work to take me to the input for that line/column. Anyone have any ideas how to get this into my system (for a new client)? Thanks, Lynn

Is this rental property? If yes, then the flood insurance is deductible as a schedule E deduction. If it is his personal residence, sorry, no deduction for flood insurance.

None that I know of other than the 9465 for the formal installment agreement. She'll just pay the balance due when the bill arrives in about 6 weeks.

American Disabilities Act - go to the ADA.Gov web site (www.ada.gov); there is a toll-free number to their office to call and talk to one of their experts if anything on their website is unclear.

You could contact your local school for the deaf for the services of a ign language interpreter. If the client had asked for that you would have to comply with that request. The cost of the interpreter may not be passed on to the client. Lynn Jacobs, EA Kenner LA

Keep a copy of the client's section of the RRB-SSA for your files. There is a nice workbook that RRB puts together for taxpayers (and tax preparers) use. Blue section - Box 5 - Social security benefits - Green section - Box 7 - Gross and taxable amount of pension; equates to Boxes 1 and 2 of 1099-R BUT, look at the Green section - boxes 4 is what I equate to box 1 of 1099-R; I use the simplified method to calculate the taxable portion. The 1099-RRB gives you the employee's contributions in box 3 of the green portion. Hope this helps, Lynn

I was able to successfully recreate the efiles. Several of the returns had already been accepted, so I went into the status center to 'rehang' the acks, which cleared the dialog on those returns. For the one lingering 1120 I downloaded the 1120 instructions, reviewed the NAICS codes in the instructions, found one that closely resembled my clients retail situation, changed the NAICS code on the return, and was also able to successfully recreate the efile on this one. It appears that ATX requires a very literal NAICS code without any deviation from what is included in the form instructions, despite the fact that the NAICS system has "LOTS' of deviations on the NAICS codes. I know my situation is probably very different from yours, Jack from Ohio; I hope you find a solution to your problem.

By recreating the efile I was able to 'fix' one of them , a 1040. The other, an 1120, gives an error message about the NAICS code when I try to recreate the efile. Strangely enough I have 4 other clients with the exact NAICS code for which I had no problems. Thanks, Jack.

I have several efiles that have all been submitted and I thought accepted. In the 'status' colum there's an italics "Receive Acks". When I click on it to possibly 'transmit' a message box comes up that says under details 'repaired'. Who knows what this means? I never noticed this before tonight. Lynn Jacobs, EA Kenner, LA

Update for Louisiana extensions - Louisiana will NO longer accept the federal extension in lieu of a Louisiana extension. LA form 2868 is required for individuals; LA 620-EXT is required for corporations. Louisiana also requires that all extensions be electronically filed, either on the LDR website or via third party tax software. Lynn Jacobs, EA Kenner, LA

For my write-up work I use Howell Client Write Up - www.howellsoftware.com - easy to use, reasonably priced. They have a demo version, I believe. Lynn Jacobs, EA Kenner, LA

I have. The first time I tried, it crashed the system, and the program closed. Reopened the program, and tried again, with success. Compared the import data with the actual k-1 and all info was exactly as it should be. Be forewarned, the import process is VERY SLOW . Lynn Jacobs, EA Kenner, LA

no, the auto lease payment would have been included in his taxable W2 wages if there is no accountable plan in place.

mail the extension with a copy of the efile rejection notice.

Bart, no k-1 import capability.

I updated to 12.11 yesterday. As far as i can see, there is no improvement at all - none in speed. I have an XP, 4 gig, stand alone, and it still crashes; crashed at least twice today.

claim for tentative refund on a corporate return

The above was from my contact at ATX who is a Sr. Quality Assurance Analyst. Back to manual key-in of k1 data. I was spoiled with the import feature. Lynn

nontaxable transit pay - nontaxable fringe benefit ??? is my guess

That option is supposed to be made 'live' with the next update, 12.11 due out by Saturday.

There is a procedure to do what the ex IT'S agent advised. See form 3115, which has an automatic option for taking the depreciation.

Child care credit goes to the one who claims the dependent, if that parent pays the costs. No dependent, no credit

If it is a sleep away camp, no. If it a camp where they gofer the day and come ome every afternoon, and both parents work or one works and the other goes to school, then yes.

Is this for ony networked units? Or also for stand alone ?

He is not kidding about the bears and moose. He needs to be proficient in the safe handling of firearms. Alaska is beautiful. The summer is a great time to go. Congratulations........