mcb39

All of mine are older models. That is 5. I am well stocked with toner cartridges, but probably won't order more until I need them. What a shame.

Thanks for the update. So,, HP is joining the Intuit, Microsoft bandwagon......

I purchased a refurbished HP P2035 from Tiger Direct to replace the one I had been using for years. Because the original had started to streak, I brought the new one out of storage. Very happy and no problems to date. I do not use OEM laser cartridges.

This happened once before. I don't believe it would be taxable because it was paid for with after tax dollars. However, I don't know and I don't care. Give it to a worthy Charity and call it the "Great Tax Preparers' Donation Act".

Personally, I think Bob's basis is zero and Ann should be claiming a $2000 gain.

My construction clients never empty out their vans and covered trucks. They have other vehicles for personal use.

They have broken down the part that is taxable and the part that is not. My question is why should my client under age 59 1/2 have to pay the early withdrawal penalty on an inherited life insurance annuity.

Client under 59 1/2 received a 1099R from a Life Insurance Annuity Payout coded 1D; no known exceptions to penalty. Federal and State taxes are properly withheld. Am I not correct that I fill out the 5329 for relief from the penalty? Should I use Code 04 or Code 16? Thanks to anyone who can help me. If I am correct; last years return will also have to be amended as she payed a very large penalty last year for an early withdrawal from a Death benefit that was not coded 4.

Time to part ways. Life is too short. There are plenty of decent clients out there clamoring for help. IMO

My husband "sold the farm" to start a Partnership with his brother in 1973. Many years later the brother sold his half to our son. Family owned Partnership. That sale was one of the most difficult returns I ever did. My research and the paperwork involved, rests in a hard-shell briefcase. I have always treated our contribution as Recourse. The brother contributed nothing but his talent. In nearly 50 years, my 1065 returns have never been questioned. Used Vehicle Sales and Service continues to exist and grow. However, there are slightly different rules for family-owned and this is not a huge business; averaging under $250,000 Gross. Also, it has been solvent for a long time.

Make sure that your Preparer options are all filled out correctly.

There is a Capital Loss Carryover Loss Worksheet. See Schedule D

Because I am a "Paper Person", I keep a copy of the depreciation detail schedule in the client's file.

Other Income not subject to SE tax; under $400.

Nope! Only ended up with 2.

A few of these this year so far. I create a copy of the accepted return. Select Amend return. Create the amendment and e-file the amended return. I have had no rejection of these so far.

I would file for a minimal fee just because you never know if the IRS will recognize two plus two minus the loss.

Many Government and Public Assistance grants are not taxable. See Quickfinders; Page 4-5. Also included are some Volunteer grants. If there was no 1099; I would certainly try to find out if it is indeed taxable.

Oh yes, we certainly did.

No problems here except at the very beginning. Since we have been restarting every day, we have had none of that.

My IT person told me to restart my computer every single day right after starting it. So far, no known issues.

Married in October 2022; forced to file MFJ and pay back all of ACA because income is too high. We have tried every which way to resolve this, but instructions are sketchy. MFJ puts them over the 400% and MFS is not allowed according to ACA.

Am I the only one having ACA issues this year. Nobody has posted a word on the ACA board.

Wasn't that nice of them to take that away from the Seniors who are working to supplement their Social Security? That was one of the nicest perks about last year.

I am getting that on my Wisconsin returns as well. Can't find any messages.