Christian

I think jasdlm misunderstood what I was getting at. This occurred today as I was preparing a return. Oddly it had popped up in an earlier return some time back but had corrected and now has for whatever reason come back. I don't see any upgrades I have missed. After removing all IRA indicators the program posted the correct info. I have no wish to call tech support and stay on a phone line for an indeterminate period of time.

Who else's 1099-R calculations are coming out incorrect? The only way mine report correctly is if I uncheck the IRA boxes. An earlier one was the reverse I had to check an IRA box when the pension was not an IRA.

A man showed up yesterday in early morning in a sort of panic. He had filed using Turbotax and made errors in the filed return so I agreed to amend it correcting the errors. He brought me his filed copies and what I noticed was that whereas our pages are half filled the Turbotax return has a fully filled page just like the former 1040. Why ATX did not use this format is beyond me as it makes the new returns look not unlike the old ones.

In looking over the qualifications for head of household yet again. I note on the front of the old 1040 that you listed an individual you did not claim as a dependent and wallah (!) it worked. If this filing status requires a dependent how did completing that line go through ?

I am having not insignificant problems connecting to the ATX electronic filing center causing me delays in transmitting efiles. Anyone else having this problem?

I had a client purchased a walk in tub for some $15,000 referencing his wife's medical condition. With no few reservations I showed the purchase as medical equipment and even though having a prescription from his gp told him if questioned he would likely owe additional tax. To my relief he never heard a peep from the Service. My experience has been the Service does not challenge old folks medical costs and I have seen some whoppers over the years.

In a few days I am going to upload a pdf Form 8332 signed by the ex-wife into a client's return for efile. Do I retain the Form 8453 I added to his return and the Form 8332 I also added ? I would think I would delete the 8332 I added as I am uploading a signed one into the program and leave the Form 8453 in the return.

She had an income of $19,500 or thereabouts. Her expenses in the home were $28,000 plus so there is no tax due. The attorney stated as the will was not probated her appointment as executor was not recognized by the court so no one to sign the return. No state tax due. My thought was they might send a notice to the lady who held the power of attorney two years out. If so she can give me a call as I will keep the return I worked up.

Hardly a tax season goes by when I don't encounter something new. An older client passed on in 2018. She was indigent and on Medicaid in a home. She had a lady who had power of attorney who was selected by the home. Upon passing on the power of attorney of course had no more effect. She had executed a will naming the person with power of attorney as her executor. The attorney who drew up the will informed her there was no need for probate as the client had few assets. He further advised that since there was no one who could sign the return there was no need to file one. She had two pensions and social security income which caused her to exceed the filing threshold and showed a balance due of $608.00 which was eliminated after deducting her medical expenses. I had asked her to consult him before I would prepare a return but went ahead and did a workup for myself. I am wondering if the IRS will not send her a letter in two years about this. What do y'all think? The pensions had no withholding federal or state.

I likely worded this wrong. This is the final year. In reading the instructions for the K-1 I think the loss is placed on line 11 under final year deductions and is coded C. The loss will be passed through to the two heirs. That was my question is line 11 the correct line on which to indicate the loss?

On the K-1 Form 1041 where do you show a long term capital loss? Line 4a, line 9, or line 11.

GOOD GRIEF. I have made an error. If someone can claim you as a dependent DO NOT CHECK THIS BOX. I will let y'all guess who did NOT check the box.

You are right it's her butt. Here's a new wrinkle. If you show the individual as a dependent on his own return the Form 8962 will populate correctly. If shown as a single person the 8962 sends you to the dependent info section. Something must be out of kilter in the program. Maybe I ought to call ATX.

I feel sure you are right. She says she is going to file his return herself leaving off the required PTC form not a great choice. I am going to attempt to talk her out of that but if she does it's her pertute.

HealthCare.gov advises she needs to reprocess his application for 2018. He will qualify for a credit on his income record. Needless to say I told her this last year. Of course, no man will tell you convincing a lady of the best course of action is always successful.

Maybe he can be considered her dependent for purposes of the ACA as he lives at home ?

My thinking is he cannot be claimed a dependent on his mother's tax return as he is was 21 in 2018 and not a student. How can he be a dependent for purposes of the Health Market Insurance ? In looking at the Premium Tax Credit form I thought the 401% was clearly out of whack but the darn phone has been ringing off the hook so I have not had enough time to allocate to this problem just yet.

Quite frankly Lynn I get soooooooooooooo exasperated by these folks like her I really am lost for words. Her excuse "I did it for financial reasons". This after I clearly explained she could NOT carry sonny as a dependent ANY LONGER ! She had already slipped by a year. I am going to direct her back to the exchange to see if there is any way to rectify this mess. There's this also to consider. If a dependent their combined family income will exceed $ 80,000 plus. Further how does play out as she is company insured. It is no wonder the hair on the rear of my head grows less each tax season !

Thanks. Every year a new wrinkle comes along. Most of my folks are retired and this was an item I have never dealt with.

A client last year mistakenly enrolled her son as a dependent on the Healthcare Market Exchange. I told her she had made a mistake and if enrolling him for 2019 he would have to be enrolled as a single man as he is older than 18 and is not in school. He was 21 in 2018. I will be d----- if she did not go back and enroll him under her name for 2018. She herself is covered at work by the company policy for all 12 months. The Premium Tax Credit form shows his income of some $27,500 at 401% of poverty level disallowing the entire premium paid for his health coverage. Anyone have any suggestions? I am tempted to tell her to go to the local IRS office and plead her case. He owes some $3,300 back !!!

A couple has divorced and the former wife has sent me a signed Form 8332 allowing her former husband to claim their son for 2018. It looks like I am going to need to send a Form 8453 with the attached original Form 8332 by mail after efiling the return unless ATX will accept a pdf of the Form 8332 into the efile. Needless to say I do not know how that would be accomplished. Does anyone have any ideas on this or have you sent a pdf file in ATX ?

Thanks to all of you. The only thing I find different. There is no signature line for the former husband on the 8332. And of course his is the return I am preparing. I will be mailing the 8332 signed by the wife and the 8453 myself after acceptance by the Service.

I am wondering if in Schedule B I need place any figure or show somehow the loss is distributed. I see no need to show anything as there is no income to distribute.

A man and his wife are now divorced. As she has not worked this past year she has agreed to sign and forward to me a Form 8332. I read that his return can be efiled and then I must send in the signed Form 8332 with another form to the Service. Since there is no way to sign the efiled Form 8332 I am wondering what information I need to input on it. I am assuming his name, her name and the date she signed the original ?

I thank you for your kindly assistance. I found some material which bore out precisely what you noted. I think I have again muddled through with the help of my friends here on this blog. I plan on contacting the practitioner's help line tomorrow to firm up a few minor points. Again many thanks.