jshtax

I noticed a few assets duplicate and even had some disappear.

I see no need to file one.

So the family of 4 had insurance (minimum essential coverage) but received a subsidy. I calculated the repayment of the subsidy no problem up to this point. I think they could have exempted out of the insurance partially since it was not affordable (in excess of 8% of AGI). How do I handle the later being as it was not affordable?

Client has around $95000 AGI and is family of 4, They pay $1056/mth premium this is in excess of 8% of AGI even the lowest cost bronze plan is greater than 8%. First I calculated the repayment of advance credit now I think they may not have had to pay the premium in the first place. I filled out the 8965 but it did not impact the due/refund any. Any direction on what I need to do would be helpful.

So you do not have to put it on W2? What was the release that contained this information?

It was for 2013 anyway not 14. We have over 250 to date and it just pops up like I am popping microwave popcorn.

http://cchsfs-atx.custhelp.com/app/answers/detail/a_id/15000/session/L3RpbWUvMTQyNDY0MDc3MC9zaWQvNXVEMWNHZm0%3D Does this fix actually work? "Can't Connect to Server. An attempt was made to start the server..." when opening ATX Answer ID 15000 | Document ID | Published 10/02/2014 07:00 AM | Updated 01/07/2015 04:36 AM You receive one or more of the following errors when opening ATX 2013: Can't Connect to Server An attempt was made to start the server process, but the application is still unable to connect. Please start the server and try again. Could not connect to the server. An error was encountered while communicating with the ATX Server. Would you like to retry? These errors indicate that something is preventing the ATX application on a workstation from being able to connect to the server process that is running on the ATX server machine. These errors can occur for a number of reasons. Below are troubleshooting options in descending order of likeliness. 1) Problems with the ATX Service Note: Complete the following steps from the server computer if you are on a network. Step 1: Open the Services inside of Windows Administrative Tools - Open Control Panel > Administrative Tools > Services - Locate the ATX 2013 Service (or 2014 if applicable) Step 2a: If this service is not listed - Uninstall ATX 2013 and ATX 2013 Server from Control Panel > Programs and Features. - Reinstall ATX 2013 from a CD or from the downloadable installer on the ATX Support Website Step 2b: If the service is listed but shows Disabled or Not Started - Right-click on the ATX 2013 Service and select Properties - On the General tab, set the Startup type as Automatic - Click OK - Right-click on the ATX 2013 Service and select Start - Wait approximately 30 seconds for the service to start - ATX should now open correctly. If these steps did not resolve your problem, please proceed to the next troubleshooting process. 2) Check the ATX Admin Console for errors Steps: Restart the service from the ATX Admin Console - Select the Windows start button and navigate to All Programs > CCH Small Firm Services > ATX 2013 - Click on the ATX 2013 Admin Console to run it - Click the Restart Service button, if it is shown - If no errors are shown, close the ATX 2013 Admin Console - ATX should now open correctly If any errors are shown under the status list inside of the Admin Console, you should contact ATX Technical Support for additional troubleshooting. If these steps did not resolve your problem, please proceed to the next troubleshooting process. 3) Repair the Windows WINSOCK service Steps: Repair the Windows WINSOCK Service - Open My Computer - Navigate to C:WindowsSystem32 - Right click on the file called CMD.EXE and select Run as administrator - At the command prompt, type "netsh winsock reset" and press enter - Once this process is complete, you will need to reboot your computer - ATX should now open correctly If these steps did not resolve your problem, please proceed to the next troubleshooting process. 4) Remove Microsoft Windows Update KB3004394 Steps: Uninstall the damaged KB3004394 Windows Update and re-run Windows Updates - Reference: http://support.microsoft.com/kb/3004394 - Navigate to Control Panel > Programs and Features - In the pane on the left, select View installed updates - Search for and uninstall update KB3004394 - Close the Programs and Features window - Re-run Windows Updates If these steps did not resolve your problem, please proceed to the next troubleshooting process. 5) Additional Causes Steps: This error can also be caused by the following incorrectly configured settings. For steps on how to resolve these issues, click on the Answer ID links below. Improper firewall configuration (Answer ID: 15001) ATX Service is not started on the server machine (Answer ID: 15002) Incorrect DNS settings (Answer ID: 15003) If none of the steps above resolve your issue, please call Customer Support and speak with one of our representatives.

Joan I think you can since it was debt from their primary residence at the time. From my experience the IRS does not even look at 982s for primary residence. I have only had issues when trying to claim insolvency. While we are on topic of 982 has anyone ever used one for the business real estate exemption?

4 and 7 just do nothing. The IRS does not have the man power to enforce the 3115 and the do not have the authority to enforce the ACA.

I am getting this error more now than ever last year. I can work through the issue but is there a known fix?

Like the states have a way to enforce these laws.

What changed?

Thanks!

Out of 1000+ clients I might have 10-20 that will receive a 1095 and about as many that will be subject to the penalty for not having insurance. How/where do I calculate the penalty? Also if they are subject to penalty but could have been exempt how do you go about claiming the exemption?

The IRS does not have the resources to staff properly much less train people to audit a new area. Just file without the 3115 and mark the ACA box and move on.

Anyone else have 2014 crash multiple times on them so far? I can count 8-10 times already and once it lost all the work in the return. A few times I get the box I can X out of and keep working but most times it is the program is not responding error that crashes the entire program.

I couldn't begin to tell you what the changes are that need to be made or how to apply for the changes.

It wasn't cheap. The total cost of the return, including the state, was $119, and that was with a 30% "discount". To have the fees deducted from the refund, the total cost was $154.00. Total time for preparation, about 70 minutes. I'm pretty sure it would have taken a non-tax person about 90-100 minutes minimum. And this was for a simple return. The TP has to print the return themselves. I cannot understand why people bother. $119 is expensive? Am I missing something here? $350-500 is the lowest I will take to touch a simple return.

Its not simply completing the 3115 as it is the potential reclassification of previously capitalized expenses now being written off since you can retroactively take the deduction. You can also do partial asset dispositions. Good times. I honestly do not know it well enough to accurately complete a return.

there is going to be rampant noncompliance. I know many accountants/cpas that are just going to ignore the 3115.

just like the tangible property there is going to be rampant noncompliance.

Am I supposed to be sad that fewer and fewer clients will be harassed by improperly trained IRS agents? My guess is there will be more mail in audits with 100% dis allowance that will require more of our time responding to a phantom agent on the other side.

I asked about the cost and it wasnt answered but I did get my free 48 hour trial version I have been too busy to open.

Attended seminar earlier this week. It would not surprise me if there is 90-95% noncompliance on this topic. Not the first person in our office has done a 3115 so it should be fun. We are looking into this toolkit in hopes it helps. Has anyone found any other useful tools? http://tprtoolsandtemplates.com/

Just to be clear we can start efiling 12-13 returns on jan 31st? I have a few old ones I need to file.