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mcb39

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Everything posted by mcb39

  1. Also, it should be coded "7" Normal Distribution (Not subject to penalty).............
  2. I accessed it just this AM. You must be hitting at peak times. My advice is to wait an hour and try again.
  3. mcb39

    WI Acks

    Teri...I didn't have any with that error so cannot advise. I did have to wait a long time for one with Homestead, but it finally went. You know, this is really early for WI to have their act together. I can remember years when software was not even available until the end on Feb. One year I e-filed all of my early Federal returns through ATX, and all of the WI returns through Wisconsin Free File. That was really a pain...Good Luck!
  4. Nope! It's not even close. I do drop in and have not had problems accessing. I scan the posts and maybe leave an answer, then come back here.
  5. mcb39

    WI Acks

    I have received about 25 so far and most of those clients already have their money.....
  6. There is a lot of area in Northern WI and MI that does not have electricity nor do cell phones work. A few months ago, my husband and I were way back in the northwoods making firewood when the truck broke. We walked five miles before we even saw a vehicle, which gave us a ride back to "town". From the point we were picked up, it was at least another 7 or 8 miles before there was electricity or cell phone service. Do any of you remember the old RCA Victrolas with the large, thick records. You had to turn a crank to make it play and as the crank wore down, the record slowed up. Boy, that was one of the high points of going to Grandma's house. We took turns turning the crank and sang along with those songs. I particularly remember the one about "that dirty little coward" who shot Jesse James in the back. Oh, couldn't we just go on and on. Between us all, we could write a book.
  7. I am not changing my values on any rental units that have been depreciating in prior years. Units added this year do have to be added at the current cost. However, those I have so far have been new constructions and clients know what it cost them to erect the building. Am I wrong to be using cost basis minus land rather than appraised basis?
  8. mcb39

    So, k.c.

    Many of us remember each other from the old board. As for Anarchist, I was surprised to see him post, but he is also posting on the other board. He may have been here all along under another name. However, KC, you do have an admirable memory and tax knowledge and we all look to you for the final word.
  9. Pickles, jams and tomato juice are things that I still make.......not frozen, canned.
  10. Dirt is VERY VERY OLD!!!!! The dirt on our land up North is older than anything else I know. It has been unsettled National Forest back to the Native Americans. I, however, am not THAT old.
  11. In about 1963 or 64, we got really modern and had a plastic contraption that fit on the hump under the dash. You put ice cubes into an enclosed pan, plugged it into the cigarette lighter and a fan blew over the ice cubes and supposedly dispersed cool air. Of course, it was adding more humidity rather than taking it out.
  12. Thanks for the memories. Yes, I am older than dirt and remember them all. I was actually born in South Bend, Ind, where they build Studebakers. We owned one in 1961 (newly married and living in WI, where I grew up) I think it was called a Golden Hawk and was real "class". We actually made a cross-country trip in that car, with a baby and no air-conditioning. Nobody had air-conditioned cars in those days, that I know of. Oh, I could go on and on. And, yes, I knew it was a sprinkling bottle as soon as I started reading. :D
  13. :bday: my friend, from Wisconsin!
  14. It's also very contagious! :rolleyes:
  15. I have split it manually for so many years that I never thought about there being an easier way. Maybe somebody else may have looked for and discovered it.
  16. Often they are out of business, or not cooperative. I believe the depreciation schedule belongs to the client just as well as his w2 and other information.
  17. I agree with KC and Deb....You don't have to try to impress anyone by including every form. However, if you have ever had to try to build a depreciation schedule for a client who has come from another preparer; it can be a nightmare. I give them as much as I think they might need just as I would like that to come to me. I also bind them into a booklet with the letter, the invoice and all necessary supporting schedules. Over the years, countless clients have commented on what a professional return they receive. Of course, very simple returns only get the basic cover sheet with the letter and the invoice. I do put an e=file sticker on each return that it apples to. IMO
  18. NO........they come in all shapes, sizes and ages and tax brackets of inconsiderate and impatient clients.
  19. Just two more reasons to call this Black Monday......besides the phone, appointments, drop-ins, people that think I have nothing more to do than talk about THEIR problems..........and now you tell me we have 6 more weeks of this horrible winter and ten more weeks of tax season. I wonder if I can survive! Oh, yes, and as someone else pointed out, they are already asking if it's done yet and how much is my refund? Have a great second month of tax season everyone!
  20. Thanks, jainen, for putting it all in a nutshell. Ultimately, it IS their call. I know that the purchase of a home should not rely on tax credits, and this one didn't because nobody even knew about it then. I would, however, feel terrible for all people who take the credit this year and have to pay it back, if a new bill goes through and purchases in 2009 would be exempt from payback. Of course, this is the age-old dilemma of having to draw the tax law line somewhere. Thanks again.
  21. Thanks taxbilly; I agree that common sense has nothing to do with it. This whole thing makes me very uneasy. I have a young couple who are leaning toward taking the credit. Their 2 year old will be driving by the time they get in paid back according to the present law. However, $7500 is very tempting to a young couple in the present economy, who just bought a house in October. How are we supposed to know how to advise them? Prior to the publicity on the new bill, I would have STRONGLY advised against it. This is like rolling dice.
  22. Does this mean that filers that opt for the "Loan" in 2008 will also be forgiven the payback if they don't sell the house for three years? This is very critical as to how we advise our clients, pro or con. They are starting to ask about the $7500 credit.
  23. mcb39

    1099 ACKS

    Just received my first ever 1099 ACK. That doesn't mean I never filed any before, I just never got an ACK.....IMO, the program is overall working very well for this early. I have really had no problems that I couldn't deal with, thanks to the help from all of you. B)
  24. Happy belated Birthday Catherine! Happy real Birthday Kyle! Mine is in June so not too many are on the board. But that's OK because I would just as soon stop keeping track. Happy Birthday to everybody that I missed. :bday:
  25. Except for tourism, which is dramatically down, things are pretty bleak in WI too. :dunno:
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