CathysTaxes

I've noticed issues with efile right when Taxwise issues a major update that you have to manually download from their site (at least with Ultimate Tax, that is the process) but haven't downloaded. Sometimes I get an email that an update is ready, but not always.

Taxed, I don't know about TN AG's office, but I have filed many complaints with IL AG's office. What they did was send the complaint to the company and wait for a response. When they receive a response, they forward it to the claimant. TRX may not be responding to the complaints. The news cast did say that the IRS must approve all tax software, so your suggestion to complain to the IRS to decertify TRX is a great idea.

I sent that link to my credit card company. Did you see the part where it says the IRS has to approve all tax software?

http://www.complaintnow.com/TRX---The-Alliance-Complaints/complaint/business/Business_ID/display/14305

What are you using? I'm using Carbonite and I've had no issues.

I just confirmed this.

Yes, look at C:UTS12Users folder. If you're using the default users, then c:UTS12UsersGuest

I have the Ultimate Tax version and I have the same thing. I do believe it's access to the CCH Master Tax Guide for research purposes. Not sure how to access it.

We're tax professionals, not idiots. What's your point?

I forwarded this to my credit card company.

Kea, I don't know why it worked for you and not me. Maybe I needed an update. I added form 8606 and plugged the amount in 18A and deleted the scratch pad I had linked to 15b on the 1040. Thanks.

Kea, that's exactly how mine was. 2010 Taxworks to 2011 Taxworks was fine. The 8606 had the 2011 and 2012 portions separated. It did not transfer over and the new 8606 didn't have a line for prior conversions. So far, it looks like my 'manual' way is the only one to do it.

OK. Here I thought you still haven't gotten it all.

Do you mean the 2011 Taxwise program and then when you converted the return to 2012 it converted for you?

You should ask for a download link. I got mine from Ultimate Tax Solutions and I went with the download option.

Because these fools tell the clients what THEY WANT to hear. We used to have friends that owned a restaurant. They were not paying their servers an hourly rate (just letting them keep their tips - how generous of them). Hubby tried to explain to one of the brothers why you can't do this. They were at the bar. Of course a bar buddy tells them otherwise and the idiot brother agrees with him. Then I had a client who AGAINST my advice opened up a Delaware Corporation (we're in Illinois). He ended up having to open up a new business in Illinois (IL requires that foreign corps register and the annual fees are higher). Then one FORMER client opened up a scorp (again, on the advice of a buddy, probably drinking buddy) but treated the corp checkbook like his personal one. Over 90% of the transactions were personal in nature.

I believe I have a resolution to this. I found this link on www.irs.gov: http://www.irs.gov/Retirement-Plans/2012-Reporting-of-2010-Roth-Rollovers-and-Conversions Following that, I did a right click on line 15b, selected 'scratch pad' and entered the amount there.

But I don't have a 1099R. The 1099R was in 2010. I have page 2 of the 8606 form from 2010 where it lists the amount that is taxable to 2011 and the amount that is taxable to 2012. There wouldn't be a matching 1099R filed with the IRS. I know when I did the return last year, Taxworks, automatically carried the amount over (conversion to Taxwise didn't bring the amount over).

One client (owns tree trimming business) went on a snowmobiling trip with another client (he also owns tree trimming business). The idiot owner of the lodge they stayed at asked him if he wanted a receipt so he can write it off on his taxes as 'entertainment'. Huge argument as I tried to tell him the info needed and he complained that he wasn't going to write a 'narrative' for it.

I purchased Taxwise through Ultimate Tax Solutions and I had no problem getting states. Their support website has you sign in and request the states that you want. You are then given access to download them and then the updates are automatic.

Does anyone know where these get entered in TaxWise? I tried to override line 15A by putting in the amount taxable for 2012 Override "Check if Rollover" by checking it Override line 15B taxable amount using amount in 15A. Thanks

Thanks OutofTaxes!

I only do one, for my daughter. I just sign it.

OK, thanks. I do have the FEIN on the Sch C, I was just wondering if the IRS had their programming setup to use that for matching.

Are you sure the link is correct (right click, F9 and up comes the form)?