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Jerry W

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  2. Not sure IRS would be interested in the OIC since the Federal government can go against the fiduciaries under R.S. 3466 and 3467. You might want to have a look at Fiduciary Liability Under the Federal Priority Statutes (duke.edu). Just saying.
  3. On what type of income or asset was the levy made?
  4. Here's a link that may answer your question. https://tax.virginia.gov/laws-rules-decisions/rulings-tax-commissioner/10-139
  5. If the issue is that IRS is taking HER refund for HIS student loan liability, she is the INJURED SPOUSE rather than the innocent spouse. Use Form 8379. Hope this helps. JerryW
  6. Looks like the planner is wrong. If either spouse is 65 by the end of 2013, they can use the 7.5% and continue to do so through tax year 2016.
  7. You should be able to go to the Pdf document, right click, then click on Pdf security and follow the prompts.
  8. You will find the Federal mailing slip when you click "Federal Letter" then "Letter Options". You find the state mailing slip when you click "State Letter" then "Letter Options".
  9. I'm not certain about the use of insolvency. If she is permanently and totally disabled, she may have to Request a Total and Permanent Disability Discharge. If you Google the term, you can download the application in Pdf format. Might be worth looking into. JerryW
  10. You are correct, assuming nothing has been done to extend the statute.
  11. J B, I assume you are talking about making an OIC on the basis of doubt as to collectibilty. From my experience, the best time to make an OIC on this basis is when the taxpayer has little or no assets or income and their future prospects are not very good. If you get a Collection Information Statement from the client, then read and follow the 656 instructions you can make an informed judgement about whether the OIC is viable and has a chance of being accepted. IRS recently came out with some guidance on "pre-qualifying" for OICs. Here's a link. http://www.irs.gov/Individuals/Offer-in-Compromise-1 OICs can be time consuming. If after an analysis of the client's situation, they can tell you if they want to pursue the OIC. If they do, make sure you get a retainer up front. If the client has little or nothing, see if they can borrow from relatives to pay you and fund the OIC too. Good Luck, JerryW
  12. I just saw on the other forum that 12.10 would not be ready until 2/27/2013. JerryW Question: When is the 12.10 update scheduled to be released? Answer: Our target delivery date is Tuesday, February 26, 2013 Updated 2-22-13 We will be building a new release candidate today for 12.10 to go through our testing cycle. Our original target date of Tuesday, February 26th has been moved to Wednesday, February 27th. It will be placed on the Solution Center first.
  13. Form 1040-ES just downloaded in forms update. JerryW
  14. Jerry W

    FORM 8582

    Just did one per suggestion of schirallicpa. Right click of 8582 tab "discard", save return, close return, reopen return, create efile - worked for me. JerryW
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