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BLACK BART

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About BLACK BART

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  1. BLACK BART

    8867 questions

    Me too; only thing, I'm still hackin', longly (is that a word?) and unhealthily, at this muck and they're going to outlive me.
  2. BLACK BART

    8867 questions

    I don't have a list - I'm using Possi's method (below) I'm even getting envelopes with the kid's name and parents' address if possible, but all that crap they want - "Did you ask...blah, blah, blah, and did you document his/her response..."; hell, no, I'm not recording or transcribing some jerk's "yes; no; maybe" - it's just impossible. Like you said, I get something, anything, some piece of paper, but's it's all just such a mess; tedious for us, & annoying to clients who ask me why I want evidence - many say that others (big-box franchises) don't ask for anything except name, relation, DOB, SSN. I wonder; does TurboTax make them answer anything? Are we (independents) the only ones that risk serious fines? Ain't it the truth? I lost one over ten.
  3. BLACK BART

    RITA

    Girl, you're causin' all kinds of tax trouble with the folks in Ohio. You're supposed to be in your office fixin' taxes, not up North collectin'' taxes! See Janitor Bob's post below.
  4. BLACK BART

    SSA support

    For dependency purposes: are social security benefits for a child (sent in care of John Doe for Child Doe) considered as support (toward the 1/2) furnished by the dependent for himself/herself (although, of course, the child doesn't get the money and parent uses it to run the household)?
  5. BLACK BART

    Is an IT services business considered a SSTB?

    Okay. Judy, I guess you can kill that blog post if you want to (unless Yardley objects) since the above (Sara's) effectively renders it null and void. Besides, I just noticed the date on it was August of last year.
  6. BLACK BART

    Is an IT services business considered a SSTB?

    Is this what you were referring to with pages - YES (thought I read 9 pages somewhere; guess not.) is there some other document too? NO Thanx.
  7. BLACK BART

    Is an IT services business considered a SSTB?

    Yeah, I read the section and am leaning in your direction too. I've also been thinking that since SSTB status is such an iffy area and millions of these returns will be questionable; and given that these returns are not being processed by mental giants, almost anything not blatantly wrong will be accepted and never heard from again.
  8. BLACK BART

    Is an IT services business considered a SSTB?

    https://www.johnrdundon.com/what-is-a-specified-service-trade-or-business-sstb/ Sorry, I forgot to post the link.
  9. BLACK BART

    Is an IT services business considered a SSTB?

    I don't know, but found this very detailed (too much so; it's nine pages) analysis of SSTBs from an NAEA writer which addresses consulting (see page four). Wish we had as good a lobby as those businesses specifically excluded (page one). Wonder what virtue and value to the country the favored few (estate brokers, property managers, architects, engineers, and bankers) contribute that is worth so much more than others (although I have an idea what the bankers are contributing).
  10. BLACK BART

    Twenty Percent Reduction For Business Owners

    Nor do mine regarding income, but I wonder about 1099 guys who work construction jobs and some really are employees but the general contractor gives everybody a 1099 and rarely do you see a W-2. If a guy's a bricklayer I assume he'd be okay as a businessman, but if it's just a general gofer/picker-up of waste materials, then wouldn't he really be an employee? Probably won't make any difference since the 1099's almost universal in the trades -- the new law won't change that. I'll probably just deem him a business of some sort, but wonder what IRS take on it would be? Also wonder about IRS's rule excluding "those involving the performance of services in law, accounting, financial services...or where the business's principal asset is the reputation or skill of one or more owners or employees." Could this exclude, say, specialized goods or a skill where the owner is one hell of a cake baker or may be known as the best hunting guide since Daniel Boone? Or is that a bridge too far and I'm worrying about nothing?
  11. BLACK BART

    UNREQUITED LOVE - THE 1040

    For many years I sincerely hated the 1040. Now, I belatedly realize that while it loved me; I, ungratefully and ignorantly, did not properly and deservedly love it back. Once I could scan all with a brief glance at pages one and two. Now, half my waking thoughts begin with "Where is..." or "Where does...." _________________________________________ Hain't we got all the fools in town on our side? And ain't that a big enough majority in any town? ----- MARK TWAIN: "HUCKLEBERRY FINN."
  12. BLACK BART

    Gas, oil rights sold - rents on 1099

    Well, you certainly deserve an answer, but the only thing I know about gas & oil is it's cheapest at the Shell station here. For your purposes, and this is gonna sound kind of corny, but some of the most clearly and plainly stated answers to your kind of questions are posted on TurboTax (they aren't hiring EAs and CPAs for nothing). I just typed this into Bing and Google ("TurboTax - How do you report the sale of mineral rights on your income tax?") and they say it's section 1231 capital gains property plus various other tidbits about valuation. Granted, these are not IRC case cites, but sometimes they can put you on the right path (I tried the U.S. Master Tax Guide that ATX sent me and couldn't find a thing). Good luck.
  13. BLACK BART

    MISSED OPPORTUNITY

    She's already back - I've got the papers and will prepare as usual. Visiting relative from large metro area was "advising" her, but has departed and all is well.
  14. BLACK BART

    MISSED OPPORTUNITY

    Lady came by today; package in hand; we've been doing it for years (has retirement benefits, savings interest, farm rental, taxable social security, needs 1099). Says she's decided to do it herself (been looking around online I suspect), but she's going to let us e-file it for her (gosh; thanks a bunch). She did mention that she "might need a little advice" because "the forms don't seem to look like last year's." She was crushed when I said "We don't do that." Going to be crushed even further when I tell her the fee (up $50) isn't like last year's either.
  15. BLACK BART

    Efile rejection F1040-438m, Third Party Designee

    Thanks. I herewith award you this accolade: https://www.nga.gov/collection/art-object-page.1005.html
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