Abby Normal

I have never seen an AMT credit. I was beginning to think they didn't exist. Just rare as unicorns, I suppose.

I was able to do a DE individual return with a 7/15 debit date, so I'd assume it will all be changed, eventually. But if it's not changed, we just have to wait to file balance due returns that want direct debit, or tell clients pay online or by mail.

Or are out of ink/toner.

If the taxpayer uses the e-signature option, the ERO must use software that includes identity verification. The software must record the following data: Digital image of the signed form; Date and time of the signature; Taxpayer’s computer IP address (remote transaction only); Taxpayer’s login identification — user name (remote transaction only); Results of the identity verification check validating that the taxpayer’s ID verification was successful; and The e-signature method used to sign the record. From: https://www.irs.gov/e-file-providers/frequently-asked-questions-for-irs-efile-signature-authorization Does the e-signing method you're using meet these requirements? Are these requirements BS because if the taxpayer signs with a pen and emails/texts it to you, how do you know it was really them signing it?

The box says 'complete disposition of a passive activity' on Sch E.

Or do an Itemized List.

I just learned you can use Google Drive to do the same thing. Open Google Drive app on your phone Click the + sign Choose scan Take picture Click checkmark At this point, you can click the + sign to add more pages, click the circle arrow to take a better picture, or click the checkmark to say you're done. When you're done, you name the file and it's saved to your drive. It does a really nice job of turning a photo into a nicely cropped PDF scan, and even tries to make the PDF searchable. Clients could share a drive folder with you, or you could share a folder with them and you have a free portal! After you download files from Drive, you can delete them, if you like.

Yes, the IRS coronavirus FAQs confirm that 2016 amended refund statute of limitations is 4/15/20, not 7/15/20.

I have the same problem with the MD K1s, and ATX insists that MD won't allow it. But since I print to PDF, I just edit the PDF to mask the Social Security numbers. but that's a real pain with a bunch of partners and with MD K1 being 3 pages now. Or, if you print them in the Client Copy batch, and have masking turned on, all the ID#s will be X'd out.

Had a good laugh when I misread this title first thing this morning with bleary eyes.

Looks like programmers and tax preparers are going to have a busy summer! Thanks, as always, Judy! We should meet up for a beer when the coronapocalype is over.

Great song, great lyric. People who have no knowledge of acting, struggle with understanding this lyric.

https://www.journalofaccountancy.com/news/2020/mar/cares-act-economic-relief-coronavirus-tax-provisions.html?utm_source=mnl:alerts&utm_medium=email&utm_campaign=25Mar2020&utm_content=button

No, they are different versions. I've always just used laa_2_0_4.zip. I'll have to add that to my instructions. Thanks!

I had a couple of sharks sitting in my office, and I got so mad, I stood up, slammed my hand on the desk, and said, "Look. Pay me whatever you think is fair and get the F*** OUT OF MY OFFICE!" They silently laid a check on my desk and left without saying a word. My employee sitting at reception... her eyes were as wide as saucers. Felt good. Felt really good. Those sharks soon left town after wearing out their welcome with everyone, and almost bankrupting a local nonprofit they were 'managing'.

It's new for me this year. I customize masters to check all those boxes as soon as I install ATX. Not everyone is encountering this bug.

Is this just fantasy?

Just realized recently that they never print the first time, but they do print the second time, but only if I close the return and reopen it. Just opened a new support case with this new info. I'd opened several support cases earlier and they'd usually just tell me I didn't check the right boxes.

Large Address Aware (LAA) Utility Instructions Download site: https://www.techpowerup.com/forums/threads/large-address-aware.112556/ 1. Extract Large Address Aware.exe from zip file to a new folder under Program Files(x86) 2. Start LAA and switch into Advanced Mode 3. Add recent ATX.exe files (Add menu>Files) Browse to: C:\Program Files (x86)\CCH Small Firm Services\ATX2017\ATX.exe C:\Program Files (x86)\Wolters Kluwer\ATX2018\ATX.exe (Add as many prior years as you like.) 4. Check all boxes then using the 'With Selected' menu: Force Large Address Aware Set Original to True (if needed) Both columns should say 'True'

In Late Filing tab, set due date to 7/15/20. Do this for states, too. The above will show the payment due date as 7/15/20 for any balances due, or return due date if paper filing. Edit the estimate letter and replace the 1st qtr est due date variable with return due date variable. Save for future returns. Find or make a return with an IRA contribution. When the IRA section of the federal letter magically appears, replace the due date variable with the return due date variable. Save for future returns. You'll have to discard/re-add letters for all returns except new ones.

Yes, the rules for like kind exchanges are very strict. He must pay the taxes. Tell him that's his punishment for not calling you first. A 5 minute phone call could have saved him 20 grand!

They're 'mental health aids'.

Absolutely! Absolut-ly?

First, I think you care too much what the letter says. Like grandmabee, we print the letter, returns and efile forms before the client comes in to sign. Secondly, ATX has never been good at deciding. You see that 'paper filed' box? ATX added that after I bitched that it was too much trouble to get the paper filed letters to magically appear. So, if you want to say has been efiled, just check that box.

Turn off the ringers on your phones.