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WITAXLADY

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Everything posted by WITAXLADY

  1. had a prior year - 06 office and cannot get it off the list of assets and it will not let the current 2011 house show up. I finally deleted it all and added it back. Guess what - the 06 is still there in white! Any ideas? Thx D
  2. did she receive a 1099-SA? then the $450 gets inputted thru the add forms on the 1099-SA and see prior answer on Hsa's, part II line 15.. should work fine.
  3. THAT IS WHAT ATX called them???? and I always have 3-15 copies and this is not from forgetting to "uncheck" rollovers... fun!
  4. MOM was dying so took out IRA but was joint in daughter's name so she could sign, bank issued 1099 in daughter's name - I said take it back and get it corrected - you were not old enough to take this out! She did and they did - hard to believe they listened, annoying they made the mistake in the first place. We are never allowed that latitude. D
  5. well what happens with the updates is that they start automatically! in the middle of a tax return... very irritating, so the server is almost the last one to get updated!
  6. cross post so many calls to ATX with issues and hjelp from others, still had the retry server error about 2 weeks ago. Called on Fri and said I had 19,000 host files!!! ATX cleaned them up AGAIN. So Sat I had the office call again and got someone who said my server was smokin'! Way too little memory - and I had called at least 10x and now you are telling me this> I installed a new server last year because of 2012 problems how could this be? I have 4,,, room for more! So I called my IT guy on a Sat and he ordered 2 more of 4, would come Mon, didn't of course, came Tues. not the right stuff. Reordered. Came Wed, still not right. Thurs installed something that worked. Less but still had server error but hopefully helps overall??? Now with update - boot up and immediately get the retry server error - but it does go away much sooner AND was taught how to get rid of host files... Still problem not fixed but at least we are running better. There is hope? See what happens the next 2 weeks.. D
  7. mother(wealthy) has lawyer send letter to son asking for payment of $51,000 plus interest of $20,000 since 2008 (nice rate also! ) 3 days later he commits suicide over this. spouse brings taxes back here - (he liked someone else and they went there for 2 years) So I say 1099 for interest,,, wait wife received another letter from the lawyer that son really owed $51,000 plus $$21,600 on back loans he never paid off therefore - no interest! spouse says the back loans were paid but she "settled" for $70,000 and auctioned all their furnishings, his business equipment etc to raise the $$$ so I suggested we take the back loans and charge imputed interest at higher rates from 2004, etc.. plus the interest on the 2008 loan and send 1099 for that. Does this sound rational? Mom needs some income over this... any other ideas or comments? thx d
  8. could ask them to reprint without today's date on but the date of the contribution - what I did when I needed it for the record...
  9. thank you - depends on what and why you are forming the LLC - real estate, liability, S corp when income grows down the road. this case was husband wife as members and then mama papa got involved when they provided much dinero! and wanted to be in on it but not just as banker. Not husband is working and wants a paycheck ie S corp... Definitely do the election and that should take care of the EIN.... ? I hope - if not, we will find out!
  10. they live in the home together - why wouldn't she get half or part of the mortgage interest, property taxes? is the home in her name as well?
  11. LLC being treated as partnership filing 1065 wants to be S corp now... under same LLC Do we just file 1120S with same EIN? Same entity, same members - WI
  12. interrupting me! What can I do? I have rebooted, updated - nothing there can't finish a return, can't get it to the e-file stage... hard to do 20 returns a night when I cannot get 1 done!
  13. USUALLY not required just desired as they are hoping those that can will cover for those that won't or cannot... Never had to bring in classroom supplies before - definitely a donation as what is going to happen if you do not? Get kicked out?
  14. aaahh it was so nice today - North central WI - unexpected 50 degree day and snow melting! I have a pond for a driveway and now they are complaining about that but the snow went down and the sun was shining!
  15. prominent on older returns - trying to open them to finish them - even if I open and close the program any help in solving the issue?
  16. Good for you and yours... God works in mysterious ways Been 8 tax seasons already without my oldest son and I do so much ministry - people seem led here - this year an over abundance of those losing their spouses too soon - I'll keep you in mind - D
  17. so son-in-law joins in farm and they split everything 34/66 sell off culls - raised and his purchased cows - don't keep track of which ones - just 14 is his portion... so some of them are LT raised from father-in-law BUT are they ST as he just purchased them? Thinking too hard? Thx D
  18. plus losing the tax return and crashing again!
  19. let me know how this goes.. I have one Fri
  20. OR the single mom with 2 children and $5,000 W-2 and only got back $2,000+ and after I explained it all and said could "give" 1 dependent to ex as didn't help her - no way. she called back and said hold off filing as her dad said she should get more $$$'s. She called about 3 hours later and said file...
  21. I JUST OVERRODE THE INPUT SO THE RENTS WERE CORRECT BUT THE 1099 EQUALED THE 2,,,,
  22. raised cows 4797 flows to LT capital gain does it not? Held longer than 24 months. less than are Sch F already a partnership but before the taxes - split everything 76/34 and then deal with it! It was fine for original when all was raised but now they all "own" all and the new ones are purchased as well - the original can say his are all raised if he wants but my farmer has basis...and I at least need to know how many were shipped. And no, farm wife won't release slips...
  23. help please, now says internet explorer will not allow printing???
  24. Hi, formed a S corp for business of farming,,, and a LLC for rental of equipment but wants the field trucks under the S corp farm so doesn't need to title them - any objections to this? or better under LLC, Sch C?
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