Abby Normal

I only break a K1 into two or three when they have amounts in more than one of boxes 1, 2 and 3. And this is because ATX warns me those different types of income have to be calculated separately. The amounts on other lines are always too small to make a difference. As for box 20, the only ones that matter are A and B. Code V is only important when the K1 is owned in an IRA. If it's over a certain amount, it can cause tax or penalty or something.

I keep task manager open and occasionally check how much ATX is consuming. Yesterday it was up to 1,850 MB (1.8 GB) of RAM and was still running fine. Looks like that large address aware utility is working.

Whenever these things happen, the first questions I ask are: who got the checks? Where and when did they deposit them? And how in the world did they negotiate a check made out to a corporation? Did your shareholder client receive any cash from this late windfall? If not, she should be making inquiries or filing complaints.

I was going to change my voicemail message to say, "We are working as hard as we can to finish as many returns as we can by the deadline, and we will call you when your return is ready. If you leave a message asking how your return is coming, we will do your return last and you will definitely be on extension."

Nah. I like the bad boy that Rita's mama warned her about.

https://www.forbes.com/sites/anthonynitti/2015/04/05/ten-days-until-tax-day-how-to-tell-inconsiderate-clients-youll-be-extending-their-returns/#3e7153702aea Dear _________, I heard you stopped by the office today at noon. Sorry I didn’t get to see you; lately I’ve been spending my lunch hour in the parking lot, sitting in my car and quietly weeping. Judging by the disorganized pile of unopened envelopes and food-stained receipts on my desk that alerted me to your visit, it looks like you dropped off your tax information. How sweet of you! But here’s the thing. It’s April ____th APRIL _____th!! The tax deadline is in less than ten days. And you know this. You’ve always known this. Because unlike Thanksgiving, Easter, and Arbor Day, tax day is always on the same exact day of the year: April 15th. Well, except when it falls on a weekend, in which case it might be the 16th or 17th, but you get the idea. Yet, despite presumably possessing the ability to comprehend the standard Gregorian calendar, here you are, dropping off all of your information mere days before the deadline -- just as you did last year, and the year before that -- and leaving me a Post-It note thanking me for “squeezing you in.” Only I won’t be squeezing you in. It’s nothing personal, it’s ju….OK, maybe it is a little personal. I have to know -- why are you dropping your stuff off now? I could understand if you were waiting for a K-1 or some other information from a third party that just arrived in the mail, but that’s not the case. You’re a W-2-mortgage interest-charitable contribution kinda’ guy, and you’ve always been that way. Yet, simple as that sounds, you can never manage to get your information to me before the calendar turns to April. And that’s freakin’ rude. Squeeze you in? When, exactly, would you like me to squeeze you in? Last week I worked ___ hours, and I still have ______ returns to get out the door before April 15th. And every single one of those _____ returns is in the queue ahead of you, because those people had the good sense -- nay, the decency -- to bring me their information BEFORE THIS WEEK. So by asking me to squeeze you in, you’re basically saying, “Hey, I know the next ten days of your life are going to be pure hell, but do me a favor…when you mercifully reach the end of the months-long pile of returns you’ve had to complete, just knock mine out real quick.” It's as if I was asked to run a marathon, only to have you show up with 100 meters left and move the finish line back another mile. And for that, I hope you c0ntract a raging case of pinworms. Come to think of it, actually, it would be a refreshing change if you conceded that you were at the end of my list. Because if memory serves me, every year you drop off your information on the 5th or 6th, and then start calling on the 7th to find out “how things are coming.” Well, this year, let me tell you in advance “how things are coming.” Since tax season started, I’ve put on _______ pounds. I haven’t seen my kids during daylight hours since _______. My neighbor just told me that the Fed Ex guy's/Avon lady’s car is often parked outside my house for hours at a time, but whenever I get home, I’ve got no packages/cosmetics but one helluva happy wife/husband. THAT’S how things are coming. So no, I won’t be “squeezing you in” before April 15th, because that’s a physical impossibility. The only time during the day when I’m not sleeping or preparing a tax return is on my drive to and from work, and careening off the road while trying to prepare your return at 70 mph is not how I intend to die. Although to be honest, right about now the idea of eternal rest sounds pretty damn appetizing. In short, I’ll be filing an extension for your return. See you in May/hell. Sincerely,

I hope Tom and Rita got a point for vulgarity in this thread. I'd hate to think I'm the only one with marks on my permanent record.

I would consider the option that this work from home person is an independent contractor.

When I see those K1s I tell my clients that each K1 is $50 per year and $100 when any units are sold. Partial redemptions are the worst because they're easy to miss if you're in a hurry.

ATX was aware and it is reported to be fixed.

Really? I thought it was so much simpler and easier this year.

Yes.

What's a weekend?

Just got a 1098-T with detail showing qualified tuition and all payments made. A great way to start the day! Thank you Wesleyan University! You get it! (But you could add totals next time, just sayin'.)

What I just typed in there would earn me another bad mark on this forum. This will come in handy!

Wow! Great story Rich!

https://www.liquidfiles.com/

And there are alternatives: https://www.sendinc.com/upgrade/landing

I hadn't even noticed because I happened to need 3. Call or email and ask if they'd do one license. There are a lot of resellers of zixmail that might offer single licenses. here's one: http://www.securemailencryption.com/ZixMail.asp

Works for me!

Oh man I crashed last night and still was in the office until 10. Two nights in a row, I've had to brake hard for deer on the last mile of my commute home. I can usually see their eyes reflecting my headlights while I'm still a good distance away, but that did not happen on either night. They were younger deer and maybe their eyes aren't as reflective? TWO WEEKS!!

Dependency exemption

The interface has a real XP feel to it, and it could be more user friendly, but it works and it's reasonably priced. No client has had any problems navigating yet. It's like a temporary portal that we email things to and clients can reply and email attachments back to us. Nothing left in the cloud for eternity. No password protected PDFs. I'll use it to email organizers next year. It will save us a lot of time. I was only supposed to have a 30 day trial but I'm well beyond that now. Just emailed them and told them I want to buy. "Take my money, please!" https://www.zixcorp.com/products/zixmail

Never do returns in pen!

I've never had 1099Ks that add up to more than sales per the businesses books, due to sales that aren't on a 1099K, but if that ever happened, I would report the 1099K total and back out the difference somewhere. You should be our test case to see if the IRS is even matching 1099Ks. My guess is that they are not.