Abby Normal

Yeah, I had to delete the PA Sch C twice, but I blame PA. Most other states have a nonresident return with columns for every line where you simply enter what gets taxed to that state.

That's exactly what I did but that negative line just makes me cringe.

I have several nonresident PA returns with dividends and capital gains distributions, none of which are taxable in PA. The only way I can get line 11 of PA Sch B to be zero is to make the reduction on line 4 high enough that line 6 is a negative in the exact amount of line 9. It's ugly, and it doesn't seem right to me, but it works. Is there a better way?

SRP question 3 should be answered Yes. But that only applies if there is an affordability exception.

I only use cursive for cards and notes. I prohibit it at my office. I only print in uppercase at work. It's easier to read and less ambiguous. Edit: This is 999th post! Gotta make my next one really count!

Eset NOD32 antivirus (only-not the security suite) and Comodo Free Firewall. Comodo does a lot more than act as a firewall. It monitors when software is trying to change anything system related or trying to connect to the internet. It gives you full control. Comodo tries to install some unwanted crapware when you install it but but just make sure you click on all the advanced or option links/buttons to stop it. If you miss one or two, just uninstall the ones that slipped thru. They're not malware, just not needed.

Agreed. I've looked at Advantage and it's no where near the premium that they want for it.

And enable Monitor mode to stop unwanted upgrades.

Download and run GWX Control Panel and 10 will not bother you anymore.

Who said they were thinking?

When and Where To File File Form 5329 with your 2015 Form 1040 or Form 1040NR by the due date, including extensions, of your Form 1040 or Form 1040NR. If you do not have to file a 2015 income tax return, complete and file Form 5329 by itself at the time and place you would be required to file Form 1040 or Form 1040NR. Be sure to include your address on page 1 of the form and your signature and the date on page 2 of the form. Enclose, but do not attach, a check or money order payable to “United States Treasury” for any taxes due. Write your SSN and “2015 Form 5329” on the check. For information on other payment options, including credit or debit card payments, see the instructions for Form 1040 or Form 1040NR, or go to IRS.gov.

Rum. Definitely rum. Or brandy.

Generally, you file 5329 with the return. You should only do it separately if you're not required to file a return.

Inherited Roths are subject to RMD requirements. Not sure when that became law. And laws have been proposed to make the owner of a Roth subject to RMD, but none have passed yet.

I've done several with no problems. You must be missing a check box or something on the 8283.

When I have a bunch and some are off by a buck, I let it go until I see if the total matches. Then I override just one asset.

Done! Thanks for the reminder!

I quickly learned with 13 (my first year) that a Desktop shortcut to Admin Console was a must have. Yes, it's in the Windows menu, but I'd rather double click a shortcut than click/hover/slide/click etc. a menu any day.

I had an IRS audit letter saying they wanted to come during tax season. I wrote them a letter saying, no way and got it postponed until May.

It's not that partners are not considered self-employed under the ACA, it's that the plan is not considered 'established by the business' if the partnership does not pay/reimburse the premiums. For partners, a policy can be either in the name of the partnership or in the name of the partner. You can either pay the premiums yourself or the partnership can pay them and report the premium amounts on Schedule K-1 (Form 1065) as guaranteed payments to be included in your gross income. However, if the policy is in your name and you pay the premiums yourself, the partnership must reimburse you and report the premium amounts on Schedule K-1 (Form 1065) as guaranteed payments to be included in your gross income. Otherwise, the insurance plan will not be considered to be established under your business. https://www.irs.gov/publications/p535/ch06.html#en_US_2015_publink1000208843

Just enough to keep life interesting!

I love you, Rita!

Pffffft.

Ohio is another state I won't move to after having done their tax returns. A client moved to MD from OH and I had to do 4 tax returns in OH! Sorry I can't help, just commiserate.

Well I've been using Virtru for free with mixed results. About half the people I send emails to, tell me they can't figure it out. I knew this was going to happen. Of course, even when I send password protected pdf attachments, there are clients who can't open it, or they tell me there's no place to enter a password. I should fire all of my computer incompetent clients!