Randall

I think ATX will be accepting returns on 1/20 and holding them until 1/23 to submit to IRS.

Not sure how this can be. Maybe the acks are coming from the software company who are holding them until the 23rd. Not really an ack from IRS.

I see the full SSN is on Copy A (for IRS) and Copy B (for recipient). XXXs appear on Copy C (for payer).

Not sure. I'm wondering if recipient should review and check the info on the 1099.

I have a spreadsheet for my passwords too. I'd never be able to remember all of them. And some require changes every 3 months.

I have the 80hr over two years requirement. But I try to get 40 each year. I do a little in spring and summer but most in Nov/Dec. I do a lot on line (some live).

I have a Windows PC and use QB. Clients who have Windows QB can make an accountants copy for me. Clients who have Mac QB can convert the file to Windows but can't make an accountants copy. These clients have to enter their own adjusting entries I give them as opposed to sending them an Accountant's Change file. Unless QB has changed this from their Mac version recently.

Ok, thanks.

I understand that a person taking RMD can withdraw the total required amounts of both accounts from only one of the accounts. Is there anything special required to do this? Can a person simply calculate the amount for each account and take the total amount as a distribution from one account? Is there anything needed to provide to the account where no distribution is made? I assume IRS receives 2 Forms 5498 and one Form 1099-R and as long as the total distribution meets the minimum of both accounts, they are satisfied.

Same here. They've got six months with the extension and I send reminders off and on. No guarantees this time of year.

I agree. I'm trying to limit my work, especially new clients. No more businesses with multiple owners (unless two spouses), just sole shareholder or smllc types. No business startups with heavy debt, things like that. No prior year returns (I have a couple of existing clients I'm trying to get caught up but no new ones). I'm getting older and I want 'easy'.

Just got my 7004 accepted for my 6/30 FYE C corp client. They have been in business for a long time but not 100 years. Not sure how long but daughter (not young) runs the dry cleaning business that her father started years ago. Has always been a C corp. So for me at least, I didn't have the problem.

Thanks for the heads-up. I have a C corp fiscal year June 30 I'll be sending in the 7004 soon.

I'm wondering how she can have capital gain. Did the partnership just make a book entry to even the capital accounts? I don't see how that would make her have a capital gain. Was the capital gain reported on her K-1? I'm not sure I'm following what actually took place at the partnership level and what the source of a capital gain was.

Just watch out for that white truck trailer that looks like the sky.

My Fujitsu ScanSnap S500 is about 10 years old. They are not updating drivers for it. When I got my new W8 computer two years ago, my scanner wouldn't work but I found a way to make it think it was working with W7 and it's been working fine with W8. I assume when I get a new W10 computer, I'll get a new scanner at that time.

Also from Start Page (Tiles), you can page down and get a complete listing of programs. Swipe with a touch screen, or click the down arrow button at lower left.

In W8, if you hit the Windows key + X, you get a nice pop up menu, giving you quick options to just about everything.

Good to know.

I'm probably thinking of the SE health insurance deduction (limited to medicare wages).

I don't have a reference off hand, but I thought it was limited to Medicare wages.

Did you come from W7 or earlier? I currently have W8.1 so I'm thinking the learning curve won't be as steep.

I tend to agree but I wouldn't update an existing system to W10. When I buy new, I'll go with W10.

Am I going to have a problem with you, Raylon?

Keeps the dust out too.