Randall

That's my understanding too. Thanks.

Just to confirm, life insurance proceeds paid to an estate are not subject to estate income tax. No 1099-R. Not reported as income on 1041. Correct?

I'll check that again. I checked it when I first got the error and didn't see any mention of it.

When receiving acknowledgements, I receive an error message that says 'Error in Enrollment updates', then Remote Server returned error 500 Internal Server Error. Anyone know what this is? Doesn't seem to affect my return acknowledgments.

After the efile is created, you can see a list of the forms to be filed with the IRS and state on the Efile Info form and one of the tabs.

Another option would be to actually sell the property to a 3rd party. Loses rental income stream but has lump sum cash on hand. May get a break on long term capital gains too. Close corp, final 1120S, final 1120S fee.

With the 1041, the trust will need it's own ein. Only one tax id on the 1041.

I think if you click on that little right arrow, the forms in question show up.

I have those forms in my client return. But the KY Bus EF Info form is showing approved and yet I can't create the efile. Do you know if we can efile the 741 this year?

Anyone doing Ky returns? Business info efiling form is showing not yet available. But ATX list of forms shows it as approved. I'm not sure of why the delay. Same is true for Fed 1040 ES.

For me, it shows up in red when I do the check return. Although I never got the message when doing a dependent's return not claiming self.

What is a client answers yes. Is there something else we have to do?

Thanks for comments.

Client went on a church mission. Out of pocket costs for flight, lodging, meals. I assume costs for himself but not for the family are deductible. How is this reported on the Form 8283?

I was just curious why it's blank. Wasn't it printed on the form previously?

I noticed this last year. It was on Sch 6 I think. This year it is back on page 2 of 1040. But even with the boxes checked on the main info page, it doesn't show up on 1040 page 2. Anyone else seeing this?

Anyone know anything about this? Do we need a signed form before efiling an extension for business entities, Form 7004?

Just loaded a Forms update, not a Program update. This seems to be corrected. SocSec worksheet now including amounts from Line 6.

I agree with Jack.

Form 8878 is for efiling approval of indidividual extension requests (4868). Is there an equivalent for s corps to use for 7004? There's 8879-S for the actual return. I looked for 8878-S in the corp forms and 8878 is for electronic funds withdrawal.

I only do a few. I've not had that problem so far.

Abby, any word back from ATX on this fix?

I'll just use 1040. I never used 1040A or 1040-EZ.

Thanks for the heads up. Just worked on a return with 20k short term cap gains. Without line 6, none of SocSec taxable. But with line 6 included, yes. I was able to override the amount in the ATX worksheet. I went back to 2018 ATX and entered info in the planner and got the correct result.

I've told clients to keep blank W9s in their truck. Get it as soon as a new person wants work. Tell them no W9, no work. But still clients don't do it. I don't know why. Over and over again.