Lee B

The client has the responsibility for keeping copies of the original purchase documents. Did this client keep those documents? Even if they didn't, the information should be available from the escrow agency and or the county assessor's office.

What works with one financial institution may not work with another because they each have their own rules.

Yes, it is well worth the donation that I make every year in December ! Even when it's not a topic that I am currently dealing with, the questions and varied points of view wake me up and give me a kick in the pants !

Since 2013, ATX has tended to gradually fill up your print cache will misc garbage, until the program crashes. For most part you can avoid this by keeping your print cache cleared.

Several years ago I had a client receive a grant from the state of Oregon to partially offset the cost of noxious weed control. My client's expenses exceeded the grant. I reported the grant amount on 1099 G on Line 21. Since my client was not a farmer and the acreage involved was attached to their residence, the expense was personal.

Wouldn't this payment be a shareholder distribution ?

I would paper file this return with a signed attached statement requesting that the refund be applied to the Trust Fund Taxes. It might work, you have nothing to lose.

Didn't look this up, but my gut instinct says that you may have file MFS.

I have a very reliable Ativa 1850 which does the confetti cut, for which I paid about $ 400.

I am looking forward to seeing what the answer is, since I don't know either ?

If you are efiling an Oregon 20 S, you have to attach a pdf of the 7004 to the Oregon return, since it's after March 15th unless of course no extension was filed ?

I was at a CPE Class about 10 years ago talking to another EA. He had a Murphy bed and a shower in his office, worked 14 hour days all through tax season said that he did 800 tax returns by himself. The only help he had was his wife who did copying and assembly stuff 3 days a week. He worked a few less hours on Saturday and Sunday, which were the only nights he went home and slept in his own bed. He said he made enough money to take most of the remaining months of the year off. Thirty years ago I could have worked that many hours, those days are now far in the distant past.

Search the board, there was a lengthy thread about this topic last year.

Just because the Employer screwed up doesn't magically create a QBI deduction.

This worksheet has always been a bit tricky. If you get the information entered on the right lines, it will work.

Then you need a copy of the 8824 from several years ago which will give you the deductible basis.

No, not quite that simple. Do a search for "1031 exchange rules" and you will flooded with resources and explanations.

Remember the MeF system is shutdown for maintenance from 1:00 AM to 7:00 AM EST every Sunday morning , which doesn't help.

You have condensed the details so far that it's not clear what your question is?

I have no idea what is allowed in the state of New York, but in my state of Oregon only attorneys can legally perform these tasks.

That is not included in any list that I have seen.

Does the husband have his own business ?

According to various tech news articles, the weekly patches issued by Microsoft this week were larger than normal because they were addressing multiple active hacking exploits that were attacking Windows 7, Windows 8 and Windows 10. Make sure that your system is updated to the current OS version !

In past years, if your save is working, you should be able to restore your most recent saved copy of this return.

Tax Extenders still in limbo: "The House Ways and Means Committee in Congress held a hearing on Tuesday to discuss temporary tax provisions and the urgency of both currently expired provisions and those set to expire. According to the Joint Committee, there are 80 provisions set to expire between now and 2027, and around 29 provisions which have expired in 2017 or 2018. Many of these provisions have been routinely extended and are often expected to be extended, including clean energy and energy efficiency incentives that have left taxpayers in limbo. Although the hearing was set to discuss these temporary policies in the Internal Revenue Code, the discussion quickly turned political, with arguments from both sides about the value and impact of the Tax Cuts and Jobs Act and how it was enacted. The limited discussion about actual tax extenders led to a suggested outside third-party review to determine which provisions should be extended and which should end. However, it is unclear where this will go."