Jump to content
ATX Community

Max W

Donors
  • Posts

    1,479
  • Joined

  • Last visited

  • Days Won

    47

Posts posted by Max W

  1. I think that there is a trap here. The tax appraisal may or may not reflect the FMV. Every county has its own way of appraising and it may be dollar for dollar or it may be 50% or any other percentage that the assessor uses.

    Since the house was torn down, I don't see that it had any value. "Livable" is subjective and I have been in some lived-in places that most persons would not want to live in.

    So, the cleanest approach to this is that the land is $250K plus the $20K demolition, or $270K.

    The basis of the house is $400K.

    So, right now there is a $20K loss, but in a year or two that may turn into gain, if it is in the right area.

  2. Explain how that is not a different program, with different abilities that the website? Have all the pages on E-Services changed too?

    E-Services accesses an entirely different set of databases and information. Not on the same server, or the same platform.

    Check the URL if you doubt....

    Explain how that is not a different program, with different abilities that the website? Have all the pages on E-Services changed too?

    E-Services accesses an entirely different set of databases and information. Not on the same server, or the same platform.

    Check the URL if you doubt....

    How do you know that it is not a dummy or phantom url put in place for security reasons?

    I have yet to encounter any differences between what I have accessed on e-services and what what was transmitted to us by either PPL or ACS. So, I that weakens the argument of 2 databases. (discounting the old system).

  3. Yes, that's correct.

    Is it something I'm doing wrong?

    NO. I tried the same thing and the lines jumped. Sometimes these things can be remedied by using a different browser, but I didn't try that.

    The website is NOT connected to the same system that agents use when assisting for phone calls.

    NOPE, not taking that excuse! I agree, their computer system is outdated, and being run by clueless bureaucrats, but that is NOT the website.

    What agents are you talking about? Revenue agents are examiners (auditors). Furthermore, I am not talking about the website, but e-services> Yes, it is accessed through the web page, but it is a different module, not a different system.

    When I have had problems with e-services, subsequent phone calls to PPL, ACS, TAO, Settlement Officers, etc, will usually confirm that the system is or was down.

    The problem with the IRS system is not the software, but outdated hardware for which only congress has the power to authorize new purchases.

    BTW, there is a second system. It is the old system which was supposed to be phased out a number of years ago.

    The old system runs on COBOL, not on a modern platform. The new system was to extract the data from the old one, but there was a huge problem, nobody had the source code for the old system. So, the IRS was running with 2 systems and may still be.

    I will lay this on on bureaucratic inefficiency, where persons who might have had access to the code were retired, transferred, laid off, died or whatever and there was not continuity between with what they did and the person(s) succeeding them.

  4. "If it ain't broke, don't fix it!" Wonder how much of our tax money was spent on the overhaul that is not complete?

    It's Broke! I use e-services and have phone calls to the IRS on a daily basis. Their computer system crashes frequently, resulting in lost time and frustrated taxpayers and EAs.

    I downloaded a pdf and filled it in. It misaligned whenI tried to print it. I tried again today and got the same result. They still have some work to do.

    Your typed lines jumped up one line and overprinted the text line. Right?

  5. If it could be handled by software, the IRS would most likely have done it by now. But the problem is the IRS does not have the matching information until July or August., so even if they were to flag the multiple addresses, they would have no way of knowing if the W-2's submitted with the tax returns were legitimate or not until the matching information from the employer's W-2's comes in.

  6. The day after a weekend is always bad. Late afternoon, especially on the west coast, is best. If the recording says that the wait time is more than 15 minutes, call back later as 'more than 15 minutes' can run into an hour.

  7. I am not prone to correcting misspelling or grammar, although I have had lots of practice doing so.

    We raised three kids and one had a heck of a time in high school with spelling and grammar. I finally got him straightened out. He went on to college and later a masters.

    In the early 60's, I proofread for various publications. Since then, there is rarely a book that I have read that does not have at least one misspelling.

  8. Is there any problem with using form 982 to discharge principle residence debt?

    Going back to the attorney or the mortgage company or writing letters to the IRS will be a waste of time.

    The $18K could have been a write down that the client wasn't aware of, or doesn't remember. Besides, he only 'thinks' that it was paid off.

    Does he have the records to prove it.

×
×
  • Create New...