Randall

Not sure about the 1120, but doesn't IRS say you can have IRS calculate the penalty on 1040 for you. In other words, is it mandatory to calculate the 1040 penalty? I'm not sure what I did wrong last year, but I had the 1040 penalty calculated and several clients got back that money. IRS didn't calculate the penalty. I've stopped calculating the penalty this year.

Client's spouse is usuing a hyphenated last name. When I create the efile, the error message says the name is too long and I must truncate it. The message gave me the priority steps to truncate, first using only initial for first name. I did so and it allows me to create the efile. I haven't transmitted the return yet. Any one have this before? Any problems with the SSN/Name matchup?

I've not had any problems with Norton. I just upgraded from Norton Security to Norton 360. Been using Norton for years. So far so good.

Ordinary or rental income?

Scratch that. Not real prop of course.

You can also elect SL depreciation to lower the depreciation expense up front.

It went thru. Received the IRS acceptance notice.

And perhaps determine client's insolvency position at time of bankruptcy in case 1099-C shows up in future.

KY accepts the Fed 8879. ATX loads the KY 8453. Just discard it. You should be able to piggyback KY as long as everything else is ok. 8879 in your file should satisfy KY.

Per www.irs.gov File 2007 returns for those who normally file. IRS will work with Vets Affairs & Social Security for the others. Not sure what that means but it appears they may not have to file returns if they normally would not. IRS should keep us updated.

I agree. But you really do need to upgrade from dial up. Whew. Kentucky passed a ludicrous tax reform law a couple of years ago (only to revert back after 2 years). There were a lot of new forms and form changes. I've only used ATX and they were late getting a lot of forms ready. I don't know if other programs were faster, but I realized these things happen. Good luck to all the MN people. Hopefully, it'll be smooth from here on out.

From this and other problems I've heard about, I think those with the lower products (saber, zillion forms) are the ones experiencing the difficulties. I've always gotten the MAX program with all states, and unlimited efiling, whether I needed it or not. Fortunately, it's been pretty smooth sailing for me. I can't guess what CCH will do but it seems these piecemeal programs might be the ones that go. Hopefully, they'll keep ATX even though they may only offer the MAX whole package product. It would be easier for them in their marketing/pricing policy instead of trying to keep tabs of what they've offered here and there.

I noticed a little change in the input sheet. For joint accounts, both names and SSNs are listed. Does anyone know if this affects efiling. I assume it's ok. Will find out soon anyway.

This is what I do too if it looks like it might be close. If I don't think it's close, I just use the MFJ vs MFS worksheet. Then take a quick look at the state return for MFS to see which is best. I don't have to worry too much in Ky but I'm on the border with Ohio and have some OH returns.

Yes, it's been available for awhile now. I used it in a return but I knew I couldn't efile it yet. Then when I saw it was better for the client to take the tuition deduction, I discarded the 8863 and efiled the return.

Your competitor is probably giving them the loan advance.

Found my own answer. Next month according to today's WSJ. Also, SP3 for XP is coming out soon.

When are they going to come out with Service Pack 1 for Vista? I don't need a new computer yet, but I'm hoping they get SP1 out by then.

AH HA. So ATX isn't the only company with tech support problems. I had a problem with Norton last year. UGH. As for QB, I tried to skimp one year and skip a year of upgrading. But someone had to come in with a newer version than I had. I just upgrade every year now. Same for Peachtree. I also used to let the new version override the previous version. I started to install to a different file a few years ago. I've got enough free space so I don't think I'll try to remove the old ones. But thanks for the heads up.

Is ATX the only program out there that is spreadsheet based. I'm not familiar with other programs? I've only used ATX.

Does anyone know how ATX calculates the used amount of a NOL carried forward. This is for a 1040. On the NOL worksheet, not p. 1, but the 2nd tab, called ln24, NOL, 3rd column. How is this amount calculated by ATX and where is the source? Highlight the cell, it doesn't have a jump to button. I think it just takes a short cut in the process but I'm not sure. That is, don't show any negative on 1040 p. 1 (assuming none is utilized) and then it shows none utilized on this worksheet and the full amount carried forward into the next year.

I don't know anything about William. But maybe he doesn't want to relocate to GA permanently. There's a big difference in ME and GA. Does William ski? I'd like to get up there and do some cross country skiing. I love that LL Bean store too.

micpa, After picking myself off the floor, I think I need some oxygen. I'm not sure if it was the tax return process or the costs of all the equipment.

When in the program and in the return, select add new forms. When you select the new state forms, it should prompt you to put in your disc. Insert disc and it should load the forms.

But what are overlays? Hey, I'm not a newbie anymore. I have two blocks by my name.