TAXMAN

Agree, and doesn't tax law trump divorce law?

No I have a married couple in their 70"s. He got the eip1 and 2 no 3 as of this date. Spouse got eip1 but no 2 or 3. 

Other TP on SS only got none of them. Has dd for ss. I think since we can't look anymore I am gonna file her a return with the ss only and see what happens sometime probably in August.

1 hour ago, Possi said:

I called the state of VA and was told that VA will stick with whatever the Federal AGI is. 

Honestly though, I don't think she was considering all that entails. I won't be surprised if they change their minds. 

I just checked one of my VA returns. After taking full exclusion on Fed VA (atx) took it out again. On one of my returns where a partial stays taxable VA is taking whole thing out again. I do not think VA person who answered question understood. I just need to know how to fix it with either a plus adjustment or a neg adjustment.

I doubt that they will unless Congress yells real loud along with a bunch of other people. Like above didn't help much. 

For someone who is not an EA will the 8821 work if they were the preparer?

Got 2 2016's denied but we know were filed on time and refunds denied.

Has anyone checked the PTC payback or additional credit yet to see if that is cal correctly? I know Judy was having some issues with it as well.

Cal Fed ok but Virginia is still wrong. Anyone heard how we are to correct Virginia returns?

Agree with POSSI. I like the answer I get every now and then. "I THINK SO" Well "think so" doesn't work around here.

I have had 2 this year. Need client available when doing this.

What about 2016,2017, and 2018. They must still be in the trucks.

Question? Since this applies to tax returns and payments does this extend IRA contributions as well.

On VA just be careful that VA doesn't try to back it out twice because of how it get reported for federal and where VA will get their #. Several discussions about previously.

Saw one earlier today. 434 different sales some with only a 5 cent gain. fee excess of 10k. TP is not a broker and doesn't know how to read statements.

Do we still have to attach the 8915-e form as a pdf to get it to efile?

Oh darn, I was wondering if they even know what's in the hopper's for 2016,2017,2018. Tp sent check in Nov just to stop notices concerning 2017 which had a c/o from 2016 which they have not processed. They haven't even cashed his check yet.

I see the light in what you are saying. I guess we will all be watching to see what various states handle this rats' nest. I also do not think federal should be adjusting returns since most states start with either FAGI or FTI and have a time frame in which to make adjustments. I looked at one of mine, what amess it makes out of EIC when you reduce the income and then the state follows that. oh darn forgot to look at my child care credit now that AGI went down.

Va only subtracts out what is taxable unemployment not the whole thing, at least thats what they told me.

Just off the top of my head does anyone know where they will make us put it back in calculation of MAGI? I saw a list somewhere but can't find it now.

Thank you You beat me to the punch. There are some weird grants in the Rebuild VA program.

Yes I saw that. I was looking for a short formula because sometimes in talking with tp I don't have a computer handy.

My thoughts were that tp liquidated account therefore tp does not have balance in there.

To my Virginia friends. Virginia allows a deduction to 529 plans. If TP puts $ in plan july 25 then withdraws from acount july 27 and nov 30 thus liquidating entire account. I think no deduction for virginia.

Any one besides me seen any forms update from ATX in last 7 days or so. Was getting a couple a day then seemed to shutoff.

Manny surprises. But how to get past ef when there is withholding on 0 taxable unemployment?

Someone posted a calculator for the first 2 eip payments. ie amount above base divided by 100 multiplied by 5 gave amount you were not going to get. On the #3 eip does this still work? ex. mfj 2 kids 159900 agi. (4@ 1400=5600) What should I get or shouldn't get?