WITAXLADY

any ideas? they are coming back Mon afternoon

wow I wish my office was this clean - where are all your papers?

laughed at fdny!! I received 2 pair of whitey tighties - figured it was a pass! but they were dirty so I passed and then his sister came to collect when I told him but they were already passed into the gargahge!

so brothers buying land - pay amount of principal plus interest - on their own parent corp issues a 1099 for amount they paid and give them the $$$. brothers also have W-2's from corp. How do they show interest? against 1099? 1099 as rent of land? Cannot seem to wrap my head around this - former preparer showed it as insurance payment... insight please, scenarios? Thank you, D

i am considering having an open house in JUne so they can come visit then

is that in your office for people to see? I could never do that - altho maybe that is how they feel as well that is so bad!! I love it.. It wraps up everything!! all the tax **, and everything that happens we have to deal with and in our lives that is hard and then it happens during tax season and we have convinced ourselves we have these very important clients and their papers we have to take care of ahead of us - well maybe it has to do with the deadlines and their calls and the piles...

and I should have kept my fingers quiet as all morning we have had retry error!! this aft it is quieter... so will see if ok or will call soon before closing time (in Georgia-ville) notes here sing along...

YOU are really too nice - I gave him a cardtable in my very small space on the hardest chair I could find and a busy butterfly plastic tablecloth - he was in a hurry to leave by 12:30 and finish later. but I still need a cite to say no! during tax season - he said we could do it at their place - here I could at least answer questions... D

part of it I found - It was an exchange in the asset list but there is still $8,000 I cannot find anywhere - i can live with that for now... But the strange thing is - the $400,000 was there last year! and did not show up - so ATX must have fine tuned their books. and I did not include it last year and it is disbursed now. I need an advanced class on page 4, 5 or maybe a bookkeeping course instead of taxes. It was easier when my businesses were small - now they are growing! Good for them! I am understanding more slowly and better with all of your help. Thank you

i think so.. and the paper shows $50,000 but I did not understand what is was showing - that makes more sense - except -I thought he got it as part of a bonus - so it was worth $50,000 but he did not get that much at all!

update on retry error!!1 ok - so the saga continues but it has improved... so finally about a month ago - I called my wonderful IT guy and said my hubby is home - are you running separate cords to the server Fri am, aft, pm or Sat am - he said he would be there at 12:30 that day. We ran 5 cords direct to each workstation - that was great for .... 2 days. then the retry error came back, so it was not our Network ie no mice chewing the cords in the ceiling? so then ATX said get AVAST off our Server, ok on the workstations - do you know that seems to be the best advice ever.... Earlier tonight I kept getting the retry error and on the server, the screen was up on Services, hit restart 2015 services and that also helps a lot. So doing better. It seems whenever we call ATX by the time they have Team Veiwer'ed on - the issue disappears... I told them they shut down some of the computer sytems when they overload and so when we call in, they turn us back on!!! he laughed, I wasn't funnin' So the season is going much better. D and for 72 to go - I just e-filed 50, maybe 200 to go before extensions - I do not input them all but I check every single last one. heading to bed, apptmt at 9 am Thank you al for your help and advice - this site keeps me at least with some sanity!! And I have enough undies but hubby complained!! And no - he is not allowed to tough washing machine and my slave labor - all 5 are gone - even the college student brings it to his sisters not home D

thank you!!

so the auditor sets the date March 4th as late as he would extend as client lost first letter on dash of truck - and THEN son'e wife - new owner of business goes into labor and thank goodness has the baby that day. - As due date is Mar 18th - the new date of Audit.. - when I asked why being audited - said they had a loss - -1,800 and they needed 1065's. I said they filed a Final amended , IRS did not have for 2013... great. First thing I said to auditor was never again - audits during tax season! Great way to start but this was impossible taking 4 hours out with taxes from Feb first weeks! Good to be busy And he did say he would see 30 days came in May. Anyone have luck putting an audit off during tax season? WI sales tax did the same thing in January - that was not so much the problem but now he wants to finalize it and his numbers are all wrong!!! They do not match anything - I sure wonder what they look at when they cannot even match what is filed!! I said we cannot possibly respond until May 5th - I do not want to see this report until April 5th. He goes - let the client handle - I said if it was $600 - let them pay but you have over $2,000 and will not let them correct the QB error for 9 months they did of putting the bids in and paying sales tax on and then the next month putting the invoice in when paid and paying again - only $100,000 difference. she had been doing her sales correctly for 3 years since she was last audited and then changed it to above - go figure!!! Gotta love 'em - they keep us in business or busy....

and will probably will owe... not a refund

so every year - employee gets stocks,,, added into W-2.. so value is $50,000 basis is $20,000 so gain is $30,000 and he sells it - so that is taxable income even tho it was in W-2? seems like a lot of money already taxed? Is this how it is treated - first one and probably will never see again- tryin to get tax implication down. Thank you

so in 2014 1120S, pg 4, Sch L - line 14 made itself $182,000 and in 2015 it is now $413,000 - where is ATX generating the numbers from - Other Assets - attach statement.. I do not see these assets from either year - where do I look - not capital as that shows up in depreciation.. any help appreciated - thank you

SO SORRY ABOUT ALL OF YOUR FAMILY - PETS... I received a call during a client finish - my dad was dying - cleared the office - it was like a fire drill - it was a urine uti - test drill. I said parents - do not do this to me at tax time!! I saw him later that night and said I was going to see the grandkids and they told him he had to go to sleep and he said party -he was coming with... he has vascular dementia - so his speech is (has) failed.. but my arguing with staff as to protocol was not on my radar when there happened to be 6 people in my office and 2 more apptmts on a Friday - they were going to observe him over the weekend - No - over the weekend - you get a test! no Dr's on call anyway.. I am still doing Feb 2-5th as we got tons in those days - cannot get past that and now it is corps and finally back - yes it has been in my office way too long!

HI, Where do I start - so filed taxes - didn't know husband - lived apart all year was on 1095-A - of course never received a copy... they just said they had insurance . this was 2014. So she with 18 yr old son filed as H/H and he filed MFS. Now IRS says he owes $6,0000 Where do I go from here - where do I start - ... amend both? they had substantial income from 1120S so of course with her as H/H did fine... , he paid in but to now owe $6,000??? Thank you for your thoughts. Sincerely, D

well I kept readin as long as I was here - anything to learn (procrastinate) and found you enter just the premium credit received on line 11 box F and that is the number I was looking for!! Thank you all for being here! D

and that worked!!

ahh - maybe this answers my question also?

if you go to the page in your tax return on the 8965 under marketplace coverage - you can input the zip code and you go right to your location and you have a choice of 14 or 15...

so filled out the 8962 and because they started their own business they went to the marketplace to get their insurance, and they pulled $100,000 out of their retirement and agi now $97,000 so at 401% they owe the $3,620 back for the premium. However, the e-file reject says do not fill out the lines 11-23 and when you take those out - they do not have to pay back the premium credit? And get a nice refund... What box did I forget to check? Thank you. I have been so busy this year - I have not even found time to lurk but please please help me anyway Thanking you all in advance

problem is it is my family and spent way too much time and $$ already - latest one that has nothing settled $$ are at $5,000 and who knows how much more, one prior was $2600 and they paid $3600 in 1004 for what I think is the current one as the brothers say they will contest the 2013! No atty likes keeping it - they say split it. and it is tax season again and we did decide today to not put dad into hospice - not ready for that until something happens as he just has dementia and could live 2-3 years yet.... Thx D

altho - cannot do WI H and Veterans credit....