Sarypion

I think I know what's wrong here.  This is new for the 2017 form... and somehow it's linked to CT-300 by default but it shouldn't.  I'll just remember to clear this box from now on.

I wish there's a way to delete my own message.

CT-300 is for Mandatory First Installment for both CT-3 and CT-3-M.  I just realized that the part for CT-3 is charged twice!  Once on CT-300 and again on CT-3 itself (line 23b".

I'm not sure if this is intentional?

If I manually delete the number on line 23b, I'm worried that the MFI paid won't carry to next year's return correctly.

Sorry, I misunderstood.  When I see ATX and W-2, I thought it's about ATX Payroll. 

This is wonderful news!  My current payroll program doesn't support Combined Federal State Filing.  I'm assuming ATX does? 

Is there an unofficial ATX Payroll forum where I can learn more about using it?  I've been fiddling with importing XPS W-2 files in the last few hours, always get error "Invalid EIN in printed file!".

10 hours ago, Max W said:

The only problem with that is all states require corporations to file some type of form indicating that the corporation has elected to dissolve and/or has been dissolved.  Some also require a plan of dissolution.

Unless the State's instruction specifically requires "corporate resolution", I would just file the Articles of Dissolution and forget about Form 966.  So far, I've only seen Oregon asking for coporate resolution before you can file for dissolution.

It's good that there is no penalty :)

I've read an article that says whether 966 is required depends on state laws.  If state law "does not require the adoption of a corporate resolution or plan of dissolution or liquidation" then 966 is not necessary.

Whether rental property is "business" or "investment", hasn't it been defined long before now?  It's a business if you rent out the property to earn a profit and work on it regularly, systematically, and continuously.

1 minute ago, jklcpa said:

It would be awesome, and also if it was searchable without exporting to Excel.  I remember using the custom fields in the ATX return manager all the time for simple notes and statuses, and also remember that those notes did not roll forward. Still, it could be useful if the preparer used a custom field to indicate those with ITINs has JohnH described.

The custom field rolled over for me.  I wasn't expecting them to, but they did!  Now I just have to figure out a way to make good use of them.

Manually inputing information doesn't work very well for me.  When I get busy I skip them, so they mostly have incomplete/ inconsistant information...

Thank you!  I just finished updating every return's address.

8 minutes ago, JohnH said:

You might want to keep studying it. I can't think of a reason for a vendor to provide a "Custom Field" unless the end purpose was to make any entry in that field unique to each individual tax return.  Adding a column on a report is just a way of displaying the entry in that field for each return.

 

I agree with you.  What good are custom fields if they can't display info. from each tax return.  But I think they might just be boxes for you to make notes for yourself...

There are many "Custom Field" we can check to add more columns.  But I haven't found a way to link a custom field to any field in the tax return.  It would be awsome if this is possible!

I've never had anyone whose business physical address mailbox is so haunted that it just doesn't get any mails.  Form 8822-B was filed to add a mailing address.  Am I supposed to put the mailing address on corporation, employment, and sales tax returns now?  It's not very clear from any return's instructions whether the business address should be physical or mailing. 

19 minutes ago, GLJEANNE said:

My nightmare is, what if this isn't just the IRS being overwhelmed by the late filers, what if it's a cyber attack - how long would that take them to recover, and are the returns we submitted going to be hijacked??   I want to believe that's not possible, but who knows anymore.

That would be a huge headache...

ATX's annoucement said " We recommend sending state returns (if the state allows it) unlinked from the federal return to ensure they are also timely filed. "

So I thought it would help to submit State returns now.  But I forgot to unlink them, just released them...  Now they are all stuck at "Transmitted" for God knows how long...

I hope e-files with direct debit tax payments are considered on time...  This is so stressful...

I still have so many returns to e-file...  Does unlinking state returns result in "Reject"?

15 hours ago, Abby Normal said:

You should be our test case to see if the IRS is even matching 1099Ks. My guess is that they are not.

Unfortunately the IRS seem to be matching 1099Ks, just not accurately.  I've read somewhere that the IRS deducts what they "believe" is the sales tax and tips, then issue letters/audits.  I have a client who is being audited for 3 years because of the mis-matching.

Thanks for all the inputs.  I've decided to add sales tax and tips, then deduct them as expenses.  Let's see how it goes.

What does everyone think about the second part of my question?  Let's say, the corporation tax return is calendar-year, would you report everything calendar-year using the same sales amount?  Just to be consistent?

Sorry , when I wrote "is it the right thing to do", I really meant "is it the best way to avoid any kind of problems".

When 1099-K includes sales tax and tips, do you report the 1099-K amount as "Gross Sales" on the corporation tax return?

I read another post with a similar situation (http://www.atxcommunity.com/topic/18997-underreporting-boo-boo/?tab=comments#comment-139212).  And someone suggests to include sales tax and tips.

I think this would probably avoid attention from the IRS, but is it the right thing to do?  Doesn't the tax return instruction say not to include sales tax and tips?

What about when you are preparing, say, Form 8027?  Do you match the corporation tax return's gross receipts amount, or use the real gross receipts?

29 minutes ago, RitaB said:

I could do 15 of those.  Not 16. 

 

I think you mean you could do 61 of those   But I prefer to work on those when I'm on a break from the ones mentioned by Lion EA.

I've seen places with express lane (like in grocery stores!), you can sit/stand next to the preparer if you only have few W-2s and maybe some 1099-INT.

I have a question about master forms customization for ATX's payroll program.  For boxes that you have to check, do you type a letter "X" in it?  I tried the Edit toolbar and Tools menu, didn't find a way to check boxes...

On 1/17/2018 at 5:52 PM, Medlin Software said:

However, omitted and incorrect verification codes will not delay the processing of a tax return.

I can't tell if some characters in the code are lower case L's or number 1's... 

I was hoping the problem would magically disappear...  But now I don't even see 16 returns in 17 Rollover Manager...  *Picking up the phone*

Yup, I have no problem opening returns in 16.  And I opened 16 and 17 admin console, all 5 items are "Started".  Not sure why I can see them in 17, but can't rollover...