ETax847

I'm sticking with ATX. They had one bad year, and from everything I have read and heard, they will be much improved.

Just received my renewal notice for the ATX 2013 software, and I was wondering if people who experienced problems like myself for the 2012 tax season were receiving some type of discount? I would not feel right paying full price after all of the problems I endured this past tax season and problems I continue to experience in trying to amend returns. Thoughts?

I downloaded the latest update thinking it would solve my printing issues. Instead, I am not able to open the software again and have the following error:

Session Summary Information:
Date/Time: 03/28/13 9:12:43 AM
ApplicationVersion: 12.12.319.1
CommandLine: "C:Program Files (x86)CCH Small Firm ServicesATX2012ATX2012.Loader.exe"
CurrentCultureName: en-US
CurrentUICultureName: en-US
DnsDomainName:
Duration: 00:00:55.8684870
HostName: Business-PC
MemoryMB: 8124
OSArchitecture: Amd64
OSCultureName: en-US
OSFullNameWithServicePack: Windows 7 Home Premium Edition Service Pack 1
OSVersion: 6.1.7601
ProcessorCores: 8
OSVersion: 6.1.7601
RuntimeVersion: 4.0.30319.296
OSVersion: 6.1.7601
TerminalServer: False
System.AggregateException: A Task's exception(s) were not observed either by Waiting on the Task or accessing its Exception property. As a result, the unobserved exception was rethrown by the finalizer thread. ---> System.InvalidOperationException: Sequence contains no matching element
at System.Linq.Enumerable.First[TSource](IEnumerable`1 source, Func`2 predicate)
at lambda_method(Closure )
at System.Linq.EnumerableExecutor`1.Execute()
at System.Linq.EnumerableQuery`1.System.Linq.IQueryProvider.Execute(Expression expression)
at System.Linq.Queryable.First[TSource](IQueryable`1 source, Expression`1 predicate)
at Sfs.Runtime.Updating.AppManifestUpdater.IsNewerManifestAvailable(String year, String type)
at Sfs.Runtime.Updating.UpdateFacilitator.PerformFormInformation(AppManifestUpdater appUpdater, IServerInfo serverInfo, IStoredItemDescriptor manifestInfo, DirectoryInfo manifestsFolder, IProgress`1 progress, UpdateResult& formsManifestUpdResult)
at Sfs.Runtime.Updating.UpdateFacilitator.PerformFormsNeedingUpdate(AppManifestUpdater appUpdater, IServerInfo serverInfo, IStoredItemDescriptor manifestInfo, DirectoryInfo manifestsFolder, IProgress`1 progress, IEnumerable`1& forms, CsvFormMasterMetadataRepository& formsManifest)
at Sfs.Runtime.Updating.UpdateFacilitator.AutomaticUpdateI(IProgress`1 updateProgress, CancellationToken cancellationToken, UpdateTypes types, Boolean checkOnly)
at Sfs.Runtime.Updating.UpdateFacilitator.<>c__DisplayClass8.<AutomaticUpdate>b__7()
at System.Threading.Tasks.Task`1.InvokeFuture(Object futureAsObj)
at System.Threading.Tasks.Task.InnerInvoke()
at System.Threading.Tasks.Task.Execute()
--- End of inner exception stack trace ---
---> (Inner Exception #0) System.InvalidOperationException: Sequence contains no matching element
at System.Linq.Enumerable.First[TSource](IEnumerable`1 source, Func`2 predicate)
at lambda_method(Closure )
at System.Linq.EnumerableExecutor`1.Execute()
at System.Linq.EnumerableQuery`1.System.Linq.IQueryProvider.Execute(Expression expression)
at System.Linq.Queryable.First[TSource](IQueryable`1 source, Expression`1 predicate)
at Sfs.Runtime.Updating.AppManifestUpdater.IsNewerManifestAvailable(String year, String type)
at Sfs.Runtime.Updating.UpdateFacilitator.PerformFormInformation(AppManifestUpdater appUpdater, IServerInfo serverInfo, IStoredItemDescriptor manifestInfo, DirectoryInfo manifestsFolder, IProgress`1 progress, UpdateResult& formsManifestUpdResult)
at Sfs.Runtime.Updating.UpdateFacilitator.PerformFormsNeedingUpdate(AppManifestUpdater appUpdater, IServerInfo serverInfo, IStoredItemDescriptor manifestInfo, DirectoryInfo manifestsFolder, IProgress`1 progress, IEnumerable`1& forms, CsvFormMasterMetadataRepository& formsManifest)
at Sfs.Runtime.Updating.UpdateFacilitator.AutomaticUpdateI(IProgress`1 updateProgress, CancellationToken cancellationToken, UpdateTypes types, Boolean checkOnly)
at Sfs.Runtime.Updating.UpdateFacilitator.<>c__DisplayClass8.<AutomaticUpdate>b__7()
at System.Threading.Tasks.Task`1.InvokeFuture(Object futureAsObj)
at System.Threading.Tasks.Task.InnerInvoke()
at System.Threading.Tasks.Task.Execute()<---

Any advice?

When you have amounts in box 2 and box 5 on at 1098T, should these amounts be netted together? Or do you just consider the amount in box 2 (amounts billed for qualified tuition and related expenses)

Has anyone ever prepared a return with an amount filled in on line 25 of the Federal 1040? I am just wondering in what situations it is used.

Here is what I found in that pub:

Used as a home and rented 15 days or more.

If you use a dwelling unit as a home and rent it 15 days or more during the year, include all your rental income in your income. Since you used the dwelling unit for personal purposes, you must divide your expenses between the rental use and the personal use as described earlier in this chapter under Dividing Expenses. The expenses for personal use ARE NOT DEDUCTIBLE as rental expenses.

If you had a net profit

Just talked to the IRS, and you must count the days that the person lived in it, even it if it was before it was considered a rental.

client rented an apt in state x.

Client lived in state x for 6 months while in school, earned no income. Moved to state y and started working. Is there a need to file a multi state return as no income was earned in state x?

Client lived in residence for first 4 months of the year, then converted it to a rental property. On Sch E for personal use days, do I count the days she lived in it as personal use, or do personal use days start as of when she started renting it out, thus making it 0?

I have assigned it to Sch E:01 but how is it supposed to get assigned to the correct property on the Sch E?

The depreciation is not calculating at all for either property and I am wondering if there is something special that needs to be done on the Fixed Asset schedule to link it. This is the first time I have encountered this issue as I have never had more than one rental property.

Are the following line items deducitble on an SCorp Return:

Employee FICA

Employer FICA

Federal Taxes

Health and Dental Insurance

Life Insurance

A return won't open for me. Every time I try to open it, it crashes ATX. Does anyone know how to fix this?

I downloaded the update and as usual cannot even open the software anymore.

Do you charge a flat fee for a Sch D or do you charge by the number of inputs? I just received a client's 1099B with over 80 transacations and am wondering if I am undercharging for this schedule.

If the client contacts the plan administrator, should I just add the excess amount to "Other Income"?

I have a tax client who contributed $17k to a 401k plan and $7k to a 403b plan with her new employer in 2012. To correct the $7k contribution to the 403b, after contacting her employer will she be receiving a new W2? Or what generally happens in cases like this?

for the same stock bought and sold multiple times, I am summarizing it in total and using "various for the acquisition and sale dates. However, this creates an error when running "check return". Is there a workaround anyone knows of?

On top of that, I still am not able to open 3 returns at once without the program crashing

If my system doesn't crash, I'm waiting 5 mins at least

Has anyone been able to access the 1040-ES yet?

Any idea when the Federal 1040-ES will be available?

Thanks Ray In Ohio! You were correct, any idea if I should be able to efile this type of return, or if the IRS isnt accepting returns with depreciation schedules? I have downloaded 12.9, but still cannot create the efile?

When it comes to ATX, nothing happens as it should