mcb39

But then you have to set up payroll and all that entails. My clients who do not have other employees opt for the splitting of the profits so both have SE contributions and both are eligible for Retirement contributions. In WI, this also makes them eligible for the Married Couple Credit which amounts to as much as $480 on the refund.

I just went to E-file manager, clicked on E-file in Upper Left, dropped down to bottom of choices to "Test Transmission". Program automatically connected and came back with message that test transmission was sent successfully.

I just sent a successful "Test"........

I don't believe that you can sent a Test file until the 15th.

I have several of those also, Carolyn. Jainen is correct and it is acceptable by the IRS.

It actually could be detrimental in some ways. Often addresses change, spouses' names change, children are added or subtracted. It is much easier to catch these things from year to year. As to your first question. I make sure that the returns are done that are still covered by the statute (ie: the last three years) in case there is a refund so it doesn't get lost. I will go back 3 years and work forward. Then, I will go to the beginning and work forward, because if there would have been refunds, the taxpayer will not get them prior to the 3 year limit.

I have had a HP1200 as my main printer since 05. I know because I looked at the little post it notes that I put on it with the date every time I change the toner. I know it was inexpensive but does a fantastic job. I changed the toner 2/9/08, 3/24/08 (in the thick of tax season) and today 1/13/09. That's not bad, but e-filing does save a LOT of toner and paper. Hope I like the new one I ordered for backup as well.

Yes, the General Partner has to pay SE Tax. The K-1s should show the percentage of ownership. I had to read your post several times before I understood that one was a limited partner. He will have to pay tax on his income; though, probably not SE Tax. Not enough details.

Thanks for your input KC. I have been leaning toward HOH all along simply because I don't want her filing with him. I tried to get her attorney to push for the divorce before year end. He couldn't see what the big deal was. So, of course, you are correct about their knowledge of tax law. See it time and time again. This is not just about porn..it is the worst of the worst. In the meantime, he is innocent until he gets his taxpayer financed jury trial and she sits in limbo and tries to hold her family together. So far he has refused to sign anything so how long can he delay her refund by refusing to sign a Joint Income Tax Return. I just don't want to mess up on Community Property Law........

Dennis, you should resemble it. I just finished closing out 2007 payroll for one client last night on Medlin. Have been using it for years. Thanks for a great product at an affordable price.

Hi There Sara......nice to see you back. WI forms have been notoriously late, but last year ATX had them really early. Will be talking to you soon.......

Yes, of course, I know that.

I just bought a brand new in sealed box on Ebay....P2035 for 126.54. Retails for 229 or can buy from HP with a 50 instant rebate for 179. I didn't expect to get that bid, but wasn't going any higher. Am retiring a 2200d which is getting cranky, but HP 1200 is still going strong.

Hey Sue.........welcome back. We missed you and needed you. Your take on the EIC question sounds correct to me.

There were no ill-gotten gains. If only it were that simple..........

No, he wasn't. Both of their computers were seized in April. She just got them back last week, minus the hard drives. Apparently they were both loaded with hard core evidence which will be used to try to convict. She rarely used the computer, but her son and daughter need them now for homework. Wish me luck on this one.....See other replies under your statements in text above. I haven't figured out how to do that neat bracketing thingy.

Thanks Jainen...that makes sense to me. Her attorney sees no reason why they shouldn't just file MFJ; but you know how some attorneys are about tax law. Also, I believe there was withholding on the 401K; but have no way of knowing the exact circumstances. I work with this woman and she is depending on me. Her husband always prepared their tax returns in the past and was secretive about them, as he was about other very serious things. I'm sure our CP laws are much the same as yours.

:unsure: Client's husband has been incarcerated since April, charged with several felonies of which she had no knowledge. She immediately filed for divorce. He refuses to cooperate and is contesting divorce. I know that she qualifies for HOH with two minor children. She could itemize deductions as she has been paying all of the bills since arrest. His income stopped immediately. Other than distributions from his 401K, she has received no assistance other than her own wages. Is he responsible for taxes on 401K if she goes HOH or MFS? Also, keep in mind that WI is a community property state. Do we have a possibility here as he will not cooperate and divorce hearing does not come up again until Feb and may be postponed again. What would you do, KC, Jainen or anyone else?

If you look at the date that the list was compiled; it's quite out of date. I ordered a new HP last night as my 2200 is acting stupid. I ordered the 2035 which is also not on the list, but I think is new since that list came out. I have never had an issue with ATX and HP and I have gone through several over the years.

Yes, the name of the qualifying child goes on line 4.; right after you check Head of household status.

Neither did I! Thanks to all who contributed.

And what it is..........is AWESOME!!!!!!!!!!

I totally agree with Jainen. It doesn't sound as though you wish to be bothered to practice "due diligence" as a Preparer, either in this case or the case of the EIC questions. Remember, you are signing that tax return as well as the taxpayer. Perhaps you need to read the new rules and guidelines for Preparers that have been put in place over the past 2 years. And be aware of the penalties involved for non-compliance.

I did not receive a user's manual....just 2 small pamphlets; "Quick Reference Guide" and "Getting Started Guide". Did, however, receive 1040 Express Answers, which is a Tax Reference book and not for the Software.

The ATX software puts those letters on the line right behind Social Security payments.; so either someone missed that or the calcualations were incorrect. My guess is the first. I had one come back because someone didn't dig deep enough and find attached a Form 982 and explaination why Cancellation of Debt wasn't claimed. Client was in prison and had NO assets. so was exempt. I called the IRS and the "nice lady" said, "Oh, someone missed seeing that form attached!" I faxed them all the information and we haven't heard a word since. (Which brings up once again Taxbilly's reference to lack of competence in certain areas, which is so frustrating for us at times). :dunno: