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Gail in Virginia

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About Gail in Virginia

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    ATX Supreme Guru

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    gailtaxed
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  • State
    VA
  • Gender
    Female
  • Interests
    Church, Reading, Music, BSA and other Youth programs

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  1. I did look on eBay and they seem to be available there. Like I said, some people seem to get away with printing them but I have not personally ever tried it.
  2. Can you order them from the IRS? I know prior year forms are available on the website, and some people actually use those to file even though the instructions say to NOT use the red copy A that you can print from the website. So I am wondering if you can call the IRS and order the 2018 form 1099-MISC from them for free. Of course, it would probably take 10 days or more to get it that way.
  3. The federal notice is a bit different than the Virginia notice. The federal notice does give a time limit of 30 days to respond, although I don't know what happens after the thirty days. I have an older client who hasn't filed for a few years who got this notice. To do the online verification requires an email address, which he did not have. I set one up for him for this purpose. But then you have to have a credit card or mortgage as part of the verification, and he does not have that either. WIthoug that, you have to call the number given in the notice to verify your identity. We have
  4. I have had several that have not received their refunds after 6 - 8 weeks. I wish IRS would do something to update their website information and actually provide some real information that would be helpful to the taxpayer who has been patiently waiting.
  5. I am trying to understand the question. It sounds like a parent who had a sole proprietorship passed away, and the business passed into a trust. But the children are closing the trust and putting the business in their own name. Now, did the trust set up an S-Corp, or did it set up an LLC and elect to be taxed as an S-Corp? Which structure are the children setting up? Members sound like an LLC, S-corps usually have shareholders.
  6. I would add installment sales to that list.
  7. I think individual chapters must have different partners, then because the NC site specifically mentions Gleim.
  8. Terry, I don't know if you checked out the North Carolina Society of Enrolled Agents website, but hey have a SEE prep class coming up in July using the Gleim materials. I don't know how the price compares for the class and materials, and just the materials, and I don't have any idea how it is taught or how you learn best. I am sure you will do well either way!
  9. I am just curious about how you can tell whether or not the marriage is legal. Virginia recognizes all ceremonies performed by a licensed minister, I believe, and any one can become licensed to perform weddings as long as they can get any clerk of court to recognize them for the purpose. Is there a central listing?
  10. I did not think that investment income, such as appreciation on stocks, was subject to UBTI unless it was debt financed. Most of the organizations that i deal with sell stocks as soon as they get their hands on them, however, so I could not say for sure without research.
  11. If he has income under the table and is not willing to report that income, then wife may prefer to file MFS rather than sign a return that deliberately under-reports income.
  12. If they sell it as soon as they receive it, then it was a contribution of property and not investment income or UBTI. If they hold it until it has appreciated in value considerably, then the gain would be investment income.
  13. Possi is smarter than she gives herself credit for, but this really is not as complicated as it looks at first glance. Like most IRS forms, take it one step at a time and read the directions (slowly, in my case, and sometimes two or three times!)
  14. If you were traveling on 95, I think that you were probably in Rocky Mount, NC instead of Rocky Mount, VA. Our closest interstate is 81, unless and until they build 77, and it does not actually run through Rocky Mount.
  15. I used Gleim when I took the EA exam in 1999, and like Catherine, I passed all four parts in the first attempt. I was part of a study group organized by the VASEA that was using Gleim and found it very helpful. I like the organized study group for forcing the pace and for having others to work with. However, some people are better at self-study than others, so the group might not matter to you. When I took the test, I think all of the study materials relied heavily on published copies of previous tests for the practice tests and to guide the materials used. In fact, when I actually s
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