Gail in Virginia

And some days, I am not too sure about me.

I sent you a name and number, but also the practitioner priority line number for anyone who needs it is 804-367-9286. You may have already tried that.

Could it be possible that there is a blue form at the top, equivalent to the social security statement and labeled 1099-RRB, that says "THIS FORM IS NOT REQUIRED FOR YOUR 2015 TAXES" and 3 copies of a green form with no such notation? And that green form is a 1099R equivalent? In which case you do not need the top form for any reason this year, but the other 3 forms are required to be reported. Not sure if the color coding applies in every state. But at least in VA, that is the type of set up I see for railroad retirement.

For some purposes, IRS requires use of rates at this site: https://www.fiscal.treasury.gov/fsreports/rpt/treasRptRateExch/treasRptRateExch_home.htm. I think that the treasury site will give averages on a quarterly basis. Not sure if it supplies rates on a monthly average, or on an odd period like five months.

Yes but everyone else they know gets back thousands of dollars and doesn't have to pay taxes and why do they have to pay so much and we should go to a fair tax based on what we buy but the government should send everyone a rebate check monthly to cover what they paid for food and .... Yeah, they don't like my responses this time of year either.

It took me a while to find the board - I did not join until June. Or maybe it took me that long to quit cursing ATX for taking the board down right before the end of tax season.

Catherine, you are a woman of many talents!

Wow. That really does sound like things are going from bad to worse for you. I hope whether you stay in the business or not, that next year finally turns the corner and is a great year.

Happy birthday, KC! I hope you have many more!

Do you both fertilize the back yard the same way?

If they did not use the farm equipment for farming, how can you deduct depreciation on it?

I have not had this issue with IRS. I did, however, have a VA return that I e-filed and had an acceptance on show as not yet filed when the client started looking for their refund. Apparently, every now and then a return filed with Virginia gets hung up in their system and does not advance due to a "defect." At least that is the term the state employee used. Once I inquired, they were able to see the return hanging out there and knock it loose so that it would file (again, there terminology - more technical than me, lol.) I don't know if that ever happens with IRS. But what could it hurt to call the e-file desk with IRS?

I think being able to take a possum to the movies should be worth a higher fee. IMHO

I have an EA, as well as a bachelor's in accounting. I have a woman working for me who just passed the EA exam, and yet she can't seem to correlate the information that she put on the exam with the real world. One of these days I might take the CPA exam, but so far I have not had the time, energy or money to bother. I don't think the letters after your name are nearly as important as what you do with what is between your ears.

But I paid in the estimates (and failed to mention an additional $35,000 of self employment income). And we had taxes taken out of everything else (at less than 10% with a total income over $200,000.) I don't know why you owe either.

If you go on July 11, you should get a tiny little slurpee for free!

Probably just glad you did not send him to the backyard when he became a teenager,

I knew it would be back soon, but it still makes me lonesome when the site is down.

I think that one of the points Terry was making is that if the daughter was a full time student for at least some part of five months of the year, under age 24, and parents provided more than 50% of support, her income does not matter and she could be claimed as a dependent. They may choose not to claim her since she made that much money, or she may have provided over half of her own support in which case they cannot claim her, but the gross income test does not apply in this case.

Catherine beat me to the explanation and even included video. Great book, and the movie was actually just as good. IMHO.

And they can elect to deduct the first $5,000 in startup costs rather than capitalizing them if total start up costs are less than $50,000. If more than $50,000 then the amount that can be deducted is reduced.

I argued with my son's third grade teacher about teaching him to write cursive- the school seemed to feel that they would all be using computers and would not need to know how to write well. I become the meanest mother in school that summer when I made my son write the US Constitution, with all amendments, in cursive over the summer break. His handwriting is still atrocious, but he can write and read cursive.

If the original return was on extension, you have three years from the date the return was filed provided it was filed by October 15, 2013.

I first noticed with ATX 2012, and then with ProSeries since then, that updates can sometimes change the way a return calculates. And if I go back into a return and change something after I print the copies, it lets me change it, even accidentally. Way back in the dark ages I could mark a return complete in ATX and it took quite an effort to change something. I try, before e-filing, to look at the summary and make sure the refund still says what I expect it to. Then immediately e-file before something happens that could change what I have done.