Randall

I was not familiar with Diffie but I see John Prine is in serious condition with it.

Cities of Florence and Covington (in northern Ky) have granted the extensions, both filing and paying without penalty or interest.

Kentucky has followed the Federal extensions. In northern Ky, 3 counties (Kenton, Boone and Campbell) have followed the extensions. Including the cities that report on the County form. Several cities who have their individual form haven't reported an extension yet. The Kentucky Society of CPAs has a link for which local jurisdictions are offering extensions.

I've not bothered with it. I'm in northern Ky. Kenton County's return includes most of the cities with it. City of Covington requires it's own return. Campbell County includes most of the cities too. Boone County is just for the county. City of Florence has it's own return. I see the 3 counties (and cities reporting on their form) have followed the extended due dates and payment dates. Still waiting on word from Florence and Covington.

No need to file 4868 by 4/15. Filing 4868 by 7/15 gets you the 3 additional months to 10/15. But not an additional 6 months from 7/15. That will be a break for me. I won't have to get those ready the first week of April.

I'm 5 minutes from my office. No staff, several attorneys in the building (old house converted to offices). I can get caught up on my backlog in my office. I've been letting clients decide for the last several weeks how they want to do things. I've mailed some out. I've had clients call from the parking lot and taken it out to them. Some clients come in as usual.

I've got a note in my calendar for the first week of May to notify a client (1120S and 1040) to find someone else for his 2020 returns. 2019 completed but with too many hassles.

Had a few show up as accepted. Skipped the status of 'transmitted to agency'.

I exchanged a walk on part in a war for a lead role in a cage.

Yes, wondering if ATX has a delay going on.

Is this for real?

Is something new? I have to go into the global tab and check the boxes to print reports and basis statements before they'll print.

I think with gift splitting, both spouses would have to file a gift tax return and sign off on the other's return. Can't file a joint gift tax return. If siblings are married, he can divide that sibling's gift to his spouse. Either way, there should be no tax with the lifetime credit.

1065 return with 8825 rental properties. There are 1231 gains and 1250 unrecapture. Everything flows to Sch K and K-1 ok. My question is regarding the 199A K-1 statement code z. On the 199 activity worksheet, the regular rental activity income and losses are filled in and I've marked the activities as 199 activity. But on this sheet, there is a line for 1231 losses but not gains. On the K-1 statement for Line 20, only the normal rental losses show up. I can go to the detail and input the 1250 unrecaptured amounts and there is a place for 1231 losses but not for 1231 gains. Am I missing something or is this a quirk in ATX?

I prefer Dos XX.

And don't forget to input his Medicare wages from his W2.

After April 15, I'm on slow time. Get to it when I get to it.

Explaining the difference between total tax and how much is owed. Several times. Whew.

Give me my eye shades and sleeve protectors. Old accountants never die, they just get out of balance.

I know I'm GROSSLY undercharging.

Too many people use (or misuse) QB. I surrendered years ago and dropped Peachtree, only have QB now.

There was mention on another forum that the IRS was going to make a decision about moving these deductions to the other miscellaneous category. Even if they do, many will still be stopped out by the higher standard deduction.

There was mention on another forum that the IRS was going to make a decision about moving these deductions to the other miscellaneous category. Even if they do, many will still be stopped out by the higher standard deduction.

I don't know how we're supposed to know what criteria is used by Medicare people. And if a client talks with them, they may have a completely different connotation to the term 'dependent' than in the tax return terminology. Does anyone have a reference or good source to all this?

I thought people on SocSec disability got medicare. I've seen SSA-1099s with medicare premiums deducted.