Abby Normal

Thanks!

You are welcome! Happy computing!

I only have 7 on a personal laptop and I can't remember if I installed them or not, but if they work on 8, they should work on 7. I would use compatibility mode.

It creates a backup every time you close a client. I tell my employees to close large returns that take more than 30 minutes to do, every 20-30 minutes to make incremental backups. Close it if you take a break. Close it if you get interrupted by a call or a drop by.

So are you saying you could group furniture, clothing, electronics, appliances in separate groups and if each group is under 5K you're ok to skip the appraisal?

I have a program that blocks installs from creating programs that start automatically. it pops up and asks whether I want to allow it. I rarely do. I also check the Startup programs using Windows Task Manager, CCleaner, a startup control panel item I installed, and one other program I can't recall at the moment. Auto-starting programs are a plague on computers. QuickBooks is one of the worst offenders. Grab these while you still can: https://web.archive.org/web/20131106030702/http://www.mlin.net/StartupCPL.shtml https://web.archive.org/web/20131105052937/http://www.mlin.net/StartupMonitor.shtml They still work fine in Win8.

These have worked out well for several of my clients. Mortgage payment goes away and have access to cash if major home repairs needed. But you have to have discipline to not spend all the equity in your house.

All mine are dated 12/31/YY. Dates don't change taxable income.

The ones I hate are where every dollar they take out of their IRA makes roughly a dollar more of Social Security taxable. Take out $4,000, taxable income goes up by $8,000.

I encourage all my clients to pay online. I had at least two clients mail their federal check to the state and the state cashed it. Pretty sure that's illegal. Anyway, took a long time to figure out because we had a cancelled check made out the US Treasury and the endorsements were illegible.

I have my Autosave set to 15 minutes but I press Ctrl+S after every W2 and whenever I switch forms. It's a habit I developed working with spreadsheets and word processors decades ago. This is why I hate that annoying message so much! The one you get after efing the extension. GRRRRrrrrr.

You don't have to remove it. It was not disposed. Just make sure the depreciation is right. Probably have to override that.

Got an "Unexpected Error Program Needs to Close" but instead of clicking Ok I clicked on the 'x' to close the message and the program DID NOT CLOSE! I was able to save my work. I closed and restarted the program to be safe.

I do like the way ATX revamped the form this year, though. Also, if someone has 5 Goodwill receipts, we just enter it all as one. If it doesn't change the tax, who cares.

How was it reported in 13? If a capital loss then recoup is a capital gain. If it was an ordinary loss, then it's ordinary income.

I had this exact situation last year and I faxed my response to the 1st CP2000 telling them to ignore the taxpayer's response. No problems encountered and it got resolved more quickly.

I have a client whose day of birth is off by one day, according to SSA. I don't know whether to believe him or SSA. Also have a friend who can't prove when she was born (home birth, off-the-grid parents, etc.). She may have to wait several years longer to collect SS and qualify for other tax breaks.

I'd support a law that requires a minimum 25% federal w/h from early retirement distributions unless the taxpayer can certify to the trustee that they qualify for one of the exceptions. I had a client who took early distributions out of a SIMPLE within the 2 year period and got hit with the 25% penalty. It was my ex-wife's new husband so I feigned commiseration.

It's also on the input tab where it's a lot friendlier interface, IMO.

$300 single, $600 joint.

It defaults to short-term on the K1 input screens. You have to enter the long-term portion. Edit: I see they've changed it a bit this year.

I was hoping ATX had fixed the letters. In 2013 the letters were the biggest problem area. All was well in 2014 until one day last week I noticed the wording of my letters had returned to the default wording and some of my formatting had disappeared. I guess a lot of users use the letters as they are but I find them horrendously wordy and have made substantial changes to them. I've copied some of the letters into rtf files so I can easily return them to the way I want but the client letters have so many possible configurations that I can't do that. I guess i could do different portions but I haven't taken the time to do that yet.

I'd be more concerned with 1% dividends and 5% (1% in 2013) gains than I would be with churning. S&P 500 was up about 10% last year & 25% in 2013.

These accounts are usually managed accounts for a flat % quarterly fee. There is no per transaction fee, but they also rarely seem to make a lot of money. Sometimes the management fee exceeds the gains.

Treat as gift to mom and left mom deduct.