Gail in Virginia

We don't use an RDS, but we do have all of the data resident on a server, and use work stations for the program. 3 of the 4 workstations installed without a hitch. The 4th, which is the newest workstation, will not install. We are waiting for a call back from upper level support to my IT person. Hold times have been outrageous to get any help at all, and we are almost at the 24 hour mark for the call back. I left ATX for taxes after 2012, and now that they have changed the payroll reporting software, this looks like my last year with them at all. Do they not test their programs before release? I could understand with last minute tax changes how testing might be difficult, but printing and filing W2S and 1099s? Really?

I bought stock in a paper company.

Trying to get them ready but I don't like to send them too early. I want them to get there before they get all their paperwork and have a chance to lose it, but not early enough that they put the organizer away never to be found. It is a guessing game.

Just be sure you ask the questions regarding length of residence and ownership, etc. Then what cbslee said.

Happy New Year to everyone - and I hope we all have a smooth tax season! Good Luck to all!

Yes, but who is getting the computers and programs ready for the filing season? Is anyone at home?

Virginia insists that you are a domiciliary resident of Virginia until you change your residence to another state as a rule. If you are living overseas and you left from Virginia, you are still Virginia resident if you are filing a federal tax return. There are a few exceptions, but if you ever filed in Virginia, and are still using a Virginia address, Virginia is going to try to collect state tax if you reach the filing threshold with your federal income.

If I understood correctly from the NATP seminar this week it boils down to how involved in the rental you are as to whether it counts for QBI. If you use a management company, you cannot claim the rental as QBI. If you do not, and you act as the management company you probably can. But then again, facts and circuses.

But even there, you have people that don't have enough sense to stay home when they should. My assistant doesn't want to miss any time because she is paid by the hour (she has two weeks paid vacation, but she doesn't want to use that for snow days - or sick days). Can I tell you how many times she has come in on snow days without giving us a chance to clear the driveway, and then because she doesn't drive as well in snow as she thinks she does she winds up crosswise in the driveway and has to be dug out by hand because now the plow can't get around. She comes in sick too.

I think that is justifiable as self-defense!

We hope. With all the changes, possibly early February if you feeling pessimistic. Never thought I would be more pessimistic than Jack.

I replaced the computer I use at the office this year. The one I replaced had been used since 2009, and I never shut it down. I did have to replace the power supply on it after about 2 years, but I think it was because the power supply in it was bad from the beginning and just got worse until we could diagnose the problem. That computer was one my son built for me when he was in high school. My new one is just an off the shelf Dell.

Congratulations! I hope everything is smooth sailing from here on out!

If you are doing the full 990, then Part XI on page 12 is the reconciliation. Line 8 or Line 9 would be the place to put changes to beginning balances that are necessary to reconcile the books, and then they would be explained in Schedule O. I suspect that if the change is relatively minor, you could get away with changing the beginning balances but I would do it this way so there is a record that it did not reconcile and you are adjusting it, with an explanation if you have one.

I am so jealous!

I liked the music too but every time I was getting in to the music they would interrupt to tell me my call was important and that if I hung up and called back it would increase my wait time. I knew that.

I agree with Rita mostly. There are people on here whose posts I sometimes ignore (or gloss over really quickly). But there is no one on here who has annoyed me to the point that I have blocked them (yet.) And it is the personality of the people on this board that keep me coming back - especially during the off season. Kind of nice to know the block feature is there if I really need it. Now if only there were a feature to bring back some of the posters who left that I really enjoyed. Of course, some of them may have moved where there is no internet.

Actually, I think Sara meant the 1999 Connecticut form W-4P. Which if I Google, I can get a copy here https://www.ct.gov/drs/lib/drs/forms/1999forms/withholding/ct-w4p.pdf But the top answer is still the 2018 form here http://www.ct.gov/drs/lib/drs/forms/1-2018/wth/2018-ct-w4p.pdf And there is a HUGE difference.

And no exemption for the child or spouse if they work for a corporation, partnership or estate/trust even if you control the entity EXCEPT if all the partners are parents of the child, then the partnership doesn't prevent the child from being exempt. They probably could make this more confusing if they tried. Maybe.

I am not sure I agree with the majority. Do you have any way of knowing what the person covering S-corps and sole proprietors is covering? If they go before you, and spend the bulk of their time covering QBI, you might be rehashing a lot of the same material. Or not. There are a ton of details in this new law, and I am afraid some of those details are really going to catch us by surprise if everyone spends all of the CE time talking about the QBID.

I would announce I had won, throw a huge party, pay my church's debt on our new construction, and then enter the witness protection program - surely with that much money I can bribe my way in.

And in some states you have up to a year to claim lottery prizes, which should give you plenty of time. I think the least amount of time is 90 days. Make people wonder who won.

Sounds like everything went well - just keep it going in that direction!

As far as I am concerned, you win!

I think Medlin is making a good point here about information you don't have not being used against you. Once we store something electr5onically we tend to keep it FOREVER. Is that really a wise course? Should we be looking for a timeline to delete files as well as the old timelines for destroying files?