TAXMAN

I looked at Virginia site. Code 20 excludes these from tax. I can't figure out how to get it ATX program for Virginia.

For my Virginia cohorts. If tp sales a Virginia muni bond and has a gain, is it taxable to Virginia? I see code 20 will let me exclude that gain but where do I put it on Virginia form in ATX? Many thanks.

Since basically all like kind in the equipment/machine world have been eliminated so here is my question. If farmer trades his tractor in for a newer one and the dealer allows on trade $xx, would it be a safe assumption that I use this as a sale price # for the 4797? and then basis for new tractor becomes original cost of tractor before trade comes into play? Your thoughts.

Looking at the above notes, I too wonder if this will give rise to the level of a business simply because it was listed on a 1099 or put on Sch c because that will be where IRS will be looking for that number?

In checking over HUD stmt for first time buyer, I see points paid and a rather large Guarantee fee to Rural Housing. Its 1% of loan. I think this is deductible as it would not be considered PMI. Am I ok on this one? your thoughts

What I have noticed that if the pension/ira is fully taxable no number on 4A. Roth and partially taxable IRA's still going to 4506.

Does reporting it on line 21 as stated does that kill the Sec199? ATX looks for a sch c to see the Sec199.

I too have a very similar situation. My dependent does have some taxable income left over. So do I give tp the Sec199 deduction. Won't be much.

Just so understand. If mileage used in first 2 years, actual used after that, then want to switch back to mileage then what would the rate be if all depreciation has been used?

Not sure I understand. On VA ,I thought what ever you did on Fed sch a or standard you had to to do the same on state. Is this a change to VA?

I found a good one in Tax tools from cfs. Tax books also has a good one.

Have you been able to efile the VA-502 form?

I would not like to use 5 year on a 100k tractor. TP does not need the shortened life span for these big purchases. What alt would you use?

Do you all know when VA will get their efile for partnerships approved. I have several very simple that I would like to get rid of. Last word I saw was Va is still out on the standard vs schedule A.

Thank you. I thought so.

Ok, I am reading from several reliable sites that PMI is alive on 2018 Tax returns but not on 2019 unless Congress does extend. Inst says no for 2018. However I do not see a place to put it. Some commenters have said add it the mortgage line and proceed on. I find this disturbing. Now is it alive for 2018 or not. What say you?

Hey Jack, whats the possibility we can get atx to put both pages on 1 sheet. I tried duplexing but wind up with pages not where I want them.

I thought that safe harbor was for 2019 going forward. Not applicable to 2018? Did I miss the boat?

Maybe they are in cahoots with paper companies?

Found my answer. Must go check to see if there is a mortgage.

Church has a parsonage. Clergy owns their own house. Church rents parsonage to a third party. Uses proceeds to pay Clergy's salary. Church has never filed a return. Church receives 1099 misc from Co handling the rent. What do you think the church must or must not do?

What I meant was how do I get the printed signature to look like it is a signature not a printed name. Sorry for the confusion.

For users of ATX how do I get a printed signature in the signature box on page 1? I also did not see a date signed show up except on the efile page. Thanks all.

Thanks all. A little more research on my part.

I am somewhat perplexed. TP (93and ms) stayed in her home and had help coming in. Ok at this point. TP was moved to a private home along with 3 others. TP now paying about 3k more monthly but gets same medical care as before. Same person providing care before move is still same person after move. b4 move people providing care were either W-2 or 1099. Not sure what to do after move as all services are provided in 1 bill amount. So do I 1099 the person only on the service she is providing and the rest is nothing more than items you would have in a standard nursing home, or can I treat all the payment as nursing care in a home and no 1099 be issued? Your imput would be app.