ETax847

Tax season never runs smoothly for me. If I set appointments in the Organizer, clients dont keep them. If I dont set the appointment and tell clients to call to schedule, they never do. What do you do to ensure your tax season runs smoothly in terms of having your clients come in when you want them to?

Installation was pretty smooth. Software is now password protected.

I just received the installation codes for the 2016 filing software! Here is to a good season!

For reporting the sale of Rental Property, does it go on the 8949 or on Form 4797? I have heard conflicting things from various tax pros and wanted to pose the question in this forum.

Client has a rental condo, that he is selling at a gain. He has suspended rental losses due to making too much money. Can someone please explain how the suspended losses come into play when he sells the condo?

I had my fair share of issues this year with the software so I am in no hurry to renew.

Max package is $1,487 with taxes at the "discounted" rate

Did anyone else receive an ATX renewal notice already? It claims its the best deal if you lock it in before May 31.

If it were to be taken on the individual's return, where would this take place?

Client received a K1 from her firm which she is a partner. In box 20 code z, she has the following: 2015 keough contribution included in draw 401k contribution included in draw Health insurance included in draw and Life insurance included in draw. Do I need to report these items and if so where and what form?

How do i enter the NYTPRIN Exclusion code on the NY IT-203? It wont let me type in the field and there is no jump to link? This is the only NY state tax return I'll be doing so I have my exclusion code, I just dont know how or where to enter it. Thanks!

its for 2015, withdrawing the excess 401k contribution from 2014. Excess contribution was withdrawn in 2015.

My thought is that the excess contribution would need to be included as income on an amended 2014 return

Client over her 401k in 2014. She received a 1099R for the excess contributions one with code P and one with code BP. In ATX, upon entering these codes it removes the contribution as being taxable. Any idea as to why this would be or how to handle this?

what form is the apportionment page found? Sorry for all the questions and I appreciate your help

Thanks Joan, can you guide me as to the line in CA SCH where the adjustment should be made? I appreciate your help greatly on this!

I need help in preparing my first California multi-state return. Client lived in Illinois for the first 6 months of the year. She moved to California as of June 1 and resides there permanently. Client made 100k in 2015. 40k earned while living in Illinois, 60k earned while she moved to California. For the California Part Year resident return, will the client be taxed on all wages earned or just the CA piece? If an adjustment is to be made, on what schedule is this done on? I understand the Illinois piece, the CA part is what I am unclear on. Thanks!

Is there an advantage to doing one way vs the other for the client?

Client and spouse both have full time jobs. They own 2 rental properties that they hold in an LLC. Should these properties be listed on Sch E, or does the fact that they are held in an LLC change things? Note, the clients are not in the business of real estate. Please Advise.

From what I have read, "If you are uninsured for only part of the year, the penalty is prorated to cover only your uninsured months. You're not assessed a penalty for a gap in coverage less than three months long. This is called a “short gap.” However, you are only allowed one short gap per year".

Does anyone have any clients who make their estimated payments via credit card to get the miles or points?

Client received 1099 Misc with in come in box 1 "rents". He receives a stipend of x dollars per check for using his own computer at work. Should this income be linked to a sch c and subject to self employment tax, or would it be considered other income on line 21. Note ATX does not allow box 1 on the 1099 misc form to be linked to Line 21. Please advise.

I am looking for help this tax season and wanted to reach out to see if there were any ATX users in Chicago who would be willing to take on extra tax work?

Was anyone else aware that ATX now charges a fee for payroll e-filings (1099's, W2's, etc0? I just learned of this today.

Is anyone else having trouble with their client letters in ATX? When I combine the Federal and State letters, the spacing is all messed up. Is there a way to restore my client letters to their original settings as I think something is not right in the original download?