mrichman333

It's all marketing, there will be all kinds of crazy charges added, trust me. Mt husband is a electrical contractor and other guys are always advertising crazy cheap lighting etc. it's a scam, oh lights ness switches NOT included, oh there's not a existing light box, EXTRA, mam you have serious electrical problems.......

If all else fails pick up a cheap $70 printer at staples or best buy till you can shop for a good one.

I believe it's a pension that she did not contribute to. Last year her 90 year old father did her return and he showed it as not taxable at all, but he also showed $11,000 in medical expenses that they did not have.

OK, please correct me if I am wrong. A T/P has a 1099-R with code 2 in box 7. she is under 59 1/2. My understanding is code 2 exempts her from the early penalty but not the tax. Box 2 is blank and Taxable amount not determined is checked.

NO, he cannot be on the payroll

I'm so tired I raised my voice to a 90 year old TP, he raised his first, but that's no excuse. I had a TP who lives in NJ works in NY, had NY withholding only, company had a NJ address so I didn't look close enough and entered the withholding as being for NJ not NY.

I done, burnt out can't take it anymore

"..... Just don't rely on only verbal, you want it in writing" Agreed. I told him HE needs to get me something that show a basis and suggested he call the lawyer.

My client got bought out, and I just found out TODAY that the father died in February 2015 but he and his siblings received the property in 2013. So I told him he has determine the FMV at the time they received it in 2013 He and the brother just don't seem to understand I need a cost basis. My TP called his brother to ask for the basis and all the brother says is " It's a life estate" and my TP turns around and tells me "It's a life estate" like it's of no consequence.

Thank you FDNY

K, I have NEVER dealt with this before. Father put house in life estate, he had three children. After the father passed one sibling purchased the other two out. I'm thinking the basis is the FMV at the fathers death or the time the property came out of the life estate. I tried to ask the TP if he know what the value was. He looked at me like I had two heads. He also told me his brothers CPA and Lawyer don't seem to think it's an issue. HUH! He called the brother who bought him out and the brother just kept saying "IT"S A LIFE ESTATE", like it's tax free r something and I don't know what I'm doing. Well he's a little right on that, I'm not sure about the basis but I'm 99.99% sure it's not tax free. HELP PLEASE. I want to be confident the next time I talk to him, want to be able to say something like I need to know the FMV at .....

Yes!!!!! it is. I am way to tired. Thank you

OK, I have a TP that is a very high earner over $400,000 in 2015, he made 46K more last year (his salary was reduced) so he had roughly 46K less withheld. Obviously is taxes are not 46K less. Anyway, I looked at his and his wife's W-2 from last year and added the WH to see what it was, and I glanced at his 2014 1040 and noticed the W/H listed was more the withheld on their w-2's, so I look at my entries to see if I inputted amounts wrong, I did not. I looked at his other documents to see if they had W/H and they did not. I went back to the W-2 input screen and it shows Federal w/h $119,252 BUT on line 64 it shows $120,669 in withholding. WTF is going on????? I looked at every input screen to see if I entered W/H anywhere but I did not. What the heck to do. NO time to call Dan and fix problems from LAST YEAR. This is NOT a client I want to lose or look incompetent to.

I haven't had this problem but what I would do is check the box that says he had health coverage but has not received a 1095 yet and then check he was covered all 12 months. I has a issue where they had two months of no coverage and I selected that exemption "for less then two consecutive months without....." it wouldn't save it, so I did the above. The IRS has a copy of the 1095 anyway. good luck

ZOOM, right over my head. I got it

This is my first year doing the return and the property was placed in service in 2004. I have her depreciation schedule that goes to 2025 and was going to use it and adjust it based on percentage of rental use.

I had this problem last year.

Quick question. I have a TP with a rental property that she used 14 days and rented 90 days. 90/104= 86.5% the rate that expenses are divided. Do you also divided the depreciation also? Thanks

Me, did your 20 year old daughter who is in college and for whom you gave a titubation statement have health insurance? TP, yes she was on mine till she got married in February now she's on her husbands.

Nothing to do with the regs. But if I'm looking to buy a home one home needs a new roof and one doesn't I'm buying the one that doesn't. A new roof in NJ will cost about 20K

My software allow for multiple forms to be inputted, are you sure yours doesn't?

I assume one 1095-A is the mothers and one is the sons and the son is on the mothers return. my software allows me to enter (add) more then one form. One would have the sons information and one the mothers. Yours may have the same option

YIKES!!!! I only have one TP with this and only two years now. Hope I didn't do anything wrong. I use different software, it has a input screen for RRB-1099 and RRB-1099R. I just inputted the information and it used the simplified method to calculate everything.

"2) The good news is he only owe you $ 972 for all the double-checking"

So I hate when this happens. A TP who has mutable sources of income (multiple 1099R,RRB 1099R, RRB 1099, and W-2’S) AND They have less then % withheld from any of them. Now he has a $9720 tax bill. AND I’m STRESSING, I went over everything 5 times to make sure I made no mistake. WHY??? It’s not my tax bill. I’m not the one who refuses to have enough withheld. I need to charge a stress fee on top of my PTA fee.