Lee B

Fortunately for me, the Oregon Secretary of State has published a two page guideline with live links that I am going use. I am also going provide a live link to FINCEN'S guidelines which is 51 pages long

First it's too complicated to cover in 1 page, given all of the exceptions and etc. IMHO, creating a "How To Flyer" is offering advice.

I have to decided to limit my involvement to informing my clients of their obligation to report I am not giving any advice or answering any questions. BOI has nothing to do with providing accounting. payroll or tax services.

I had a very similar situation recently. However she was a full time student living at home. The parents were paying her tuition over $8,000 and paying over 1/2 of her support. Claimed her as a dependent and claimed the full AOTC for the parents.

So this means if I am having difficulty finding a specific worksheet, I can't call Drake Support ?

When you have support related questions, do you call Sigma or Drake? Does your efiling activity and download updates go through a Sigma or a Drake website?

I have received mine: 1. Drake has raised the price of their standard multiuser software by about 20%. 2. Drake as added two new selections: Single User Unlimited and Single User 1040 (No business returns) 3. I will continue to use Drake Pay Per Return (ten Individual returns included) as I have the past 2 tax seasons although they have raised the price for additional personal returns from $35 to $40 and additional business returns from $ 50 to $60, which will cost about me $150 more for next tax season but it's still about $600 leas than the Single User Unlmited price.

Well, it just happened to me, I just updated and had to sign back in

Given the context, I assume Jim means signing back into Drake? Which hasn't happened to me.

That means that the return has been selected for additional scrutiny by a live person. Until the return is actually assigned to to someone, you won't be able to find out much if anything.

When you go to "Where's my Refund" what does it say?

"Being wrong is the only way I feel sure I've learned anything" Daniel Kahneman - Nobel Prize in Economics ( 1934 - 2024 )

I made this post "tongue in cheek" However, I do think that in a few more years, many preparers will be using generative ai to answer their tax questions. That will be sad because the participation on this board may drop significantly

Perhaps Perplexity.ai can answer your question

"Land trusts are not “trusts” in the legal sense. Some, in fact, refer to themselves by other names such as conservancies, foundations, or associations. Land trusts accept donations of properties, buy land, or help landowners establish legal restrictions that limit harmful use and development." You may need to ask more questions?

I used Drake Pay Per Return this tax season. It cost $355 which included 10 personal tax returns.

I have no problems or any delays receiving acknowledgements with Drake, Federal or Oregon.

To claim the LLC, you must meet all three of the following: You, your dependent or a third party pay qualified education expenses for higher education. You, your dependent or a third party pay the education expenses for an eligible student enrolled at an eligible educational institution. The eligible student is yourself, your spouse or a dependent you listed on your tax return

Drake Support will be open from Noon until 6:00 PM EST on Sunday, April 14th. This is a big indicator that the Drake family is no longer in charge.

Once in awhile there is a client that no price is high enough!

There may well be other land improvements that were overlooked back in 2017. Usually farm fencing is a 15 year asset.

Either ignore the W 2 and don't file or paper file the return.

Yes, when that happens it is frustrating. I have several business clients that make it up as they go along, don't ask questions and then I have to play detective figure out what they are doing.

Because omitting the depreciation for more than one is consider to be the adoption of an incorrect method which is handled by filing a 3115.

This plot is worthy of an "Outer Limits" script