mcb39

I had the same problem and just called the IRS and they added 1120 and 1065 to my efiling status. I was able to file the rejected return four business days later.

Is that it? I ended up paper filing all of my 1065s this year because of that error. I was never able nor had the time to figure it out. Thanks!

I did not get a phone call, but I did get an email to this effect. Glad they gave us at least a little warning!

I just got the email also.; so all bases were covered. As I said, I did have one hanging out there that I had forgotten about.

Not enough information. Since WI has Income Tax and Texas does not; or course, you need to file the 1NPR. However, I have a similar client who receives Wisconsin Retirement Benefits, but is in a Nursing Home in Colorado. After all of her medical bills, etc.; she doesn't owe any tax to anyone. After filing this way for a couple of years, I advised the POA to stop withholding on her Pension. We did, however, file a return last year in order to get the stimulus. Every set of circumstances is different.

Received a call this evening telling me to recover all of my ACKs as they will no longer be available after Friday. They will then be working on the program for 2008. It really was a nice reminder as I had forgotten to retrieve a State Ack for a return that I filed on 10/15. Sure enough, it was still out there. For those of you who don't answer CID unavailable calls; heads up on this. Thank you ATX. Tomorrow, I start cleaning my office; filing, sorting and shredding. New materials are coming in and I have a disorganized mess....

I have been doing partners" returns like this for years with unreimbursed expenses on page 2 Sch E; and have never had one not pass the "smell" test; whatever that is. It is quite common for partners' to pay some out of pocket expenses and not be reimbursed by the Partnership.

Considering how our Congress spends it, EVERYONE should hate writing them a check, even if it's just a dollar.

Agree.....just filed my last one too, but she gets a refund due to massive medical bills. However, she just delivered the info at noon today. Now, am going to my son's for dinner and back to work tomorrow.

On the 'Filers Info' tab, you put in the DOD. Then, even if there is no refund, I attach a 1310. If the person signing is not the spouse, I attach a copy of the court appointment

KC....can these be e-filed? I thought not.

Well, we still do get a number of disks shipped to us, plus, depending on your choice of package, some books, etc. We need at least the original disk, and the final archive disk, plus whatever books we want.

I guess I really don't mind paying for the updates (if that is the truth) since they have become so fast and flawless. 2008 will be my first tax year with DSL instead of Dialup. How about that?

Eric: Thanks once again for all your efforts to initially set up this forum and your ongoing efforts to keep it running smoothly. Thanks to KC for all she does to moderate as well, especially with the personal pressures she is going through at present. I'm using this episode as a reminder to myself that it's time to make another contribution toward the upkeep and maintenace of the forum, which I did this morning. I urge anyone else who feels so inclined to do the same.

That was a pretty shocking experience. Thanks for the reminder to donate.

I hope that you had a wonderful day filled with all of the things that mean the most to you.

There was a an investment by an outside investor in 2006 that resulted in 3 equal partners. Also during 2006 there was a buyout of a partner in a completely separate transaction that resulted in 2 equal partners at the end of 2006 and all of 2007. No change in the EIN.

I had 3 Partnerships with absolutely no changes that kept generating that message no matter what I tried. I ended up paper filing them.

This sounds like one for Jainen. How can he just decide that he doesn't want to pay his debt? I would not involve myself in this scenario. I would refer him elsewhere.

That is how I have entered the information. However, the client has other income and expense for the llc and I was hoping I could put it all on a Sch C. I posted because I thought if I did use Sch C for all of the income, there might be a mis-match of income since there would not be a Shc E, page 2. I will need to allocate the expenses between the Sch C and the Sch E. Thank you all for your your help.

Gary

Is there any reason that you cannot put the "other" income from the LLC that is not allocated to the K1 on the Schedule C as well as the expenses? Why would there be a mismatch as the IRS knows which income is allocated to the K1, but you are on your honor for the Sch C income unless it is reported on 1099's. Also, remember that the expenses allocated to the K1 info go on the Sch E also as Unreimbursed expenses.

The LLC is disregarded. So, wouldn't you report the K-1 information as you would for an individual?

I agree with Lion. The K1 information should be reported on the Sch E, page 2. Use the K1 entry worksheet.

I asked my boys before installing it, both of them said that it had no problems, and to go ahead, run it. But to turn off every thing else first, including anti-virus. It actually improves some things, they tell me. Have not had time to actually test it, since I'm living in the hospital now. But the little time I've been on, no problems at all.

(Hang in there, KC!)

After mentioning it to my Computer Advisor; I let automatic undate install it this AM. It was a very fast install and I cannot see that it has affected anything. Will see what happens as the week goes on.

KC...we are always with you. You have never left my prayer list. We all have "bumps" but they are easier to hurdle when we know others care.

You work on tax returns while on vacation???

Have to. This is not a perfect world.! Nice and quiet here anyway.

I just got off the phone with tech support and I was told there is glitch in ATX 2007, what happens it doesn't save any new returns you put in, I lost 3 returns between today and yesterday. To correct this make sure you have the lastest updates and under PREFERENCES, OPEN RETURN make sure the AUTO-SAVE AFTER 5 MIN is check marked, then hit apply and close. You should be okay after that procedure.

Thanks....we often forget to update at this late date. I had just updated entire program on Fri when I put program on laptop in order to work on an extension return while on vacation. I still got more updates after your post.

The government is reminding people to file a tax return even if they normally do not need to. Because if they have qualifying income, at least $3000 SS, they will recieve a stimulus payment. These people would not have a tax liability but still get the stimulus.

Your key word is "qualifying Income". People who are on SS are another story entirely. Refer to Jainen's post above for details. My point was simply that if you have earnings (other than SS) and end up with no tax liability after exemptions and deductions; you will not receive a stimulus check. This bill had so many qualifiers and disqualifiers that the general public was not aware of or did not understand; which is what caused mass confusion. In my own case, I had earnings in addition to SS. Because my husband and I ended up owing only SE tax; we only received the stimulus payments for SS; which was $300 each.

If you don't owe any income tax, you will not receive a stimulus check; nor will you receive a check in excess of any amount that you owe under $600/$1200/$300. This has been a common misconception and a reason for at least a gazillion calls re: "Where is my check? They said......!!!!!!!"

I have today added FixRollover to my friends list. From his/her few posts I guess the following:

1. Drawing a paycheck from CCH as tech.

2. Wants (must?) to keep a low profile.

3. Likes the job & wants to help.

4. Has potential to be great asset to this board.

5. Should be encouraged to participate further.

Zeke

Absolutely....I have drawn the same conclusion and have already found FixRollover to be an asset.

I'd tend to recommend receiving the gain now, both because I suspect that tax rates will go up, at least on cap gains [you know only those evil rich people get them] and also because given the problems within the real estate market right now, I would favor a cash sale over an installment, on any sale where there was not a lot of equity paid down up front.

Speaking of which, what are the new CG tax rates for 2008. Have they been changed as proposed? Thanks.

Help!! My elected representatives just banned trans-fat which is the main ingredient in things like chicken nuggets and Chinese takeout. How am I supposed to get through tax season?

Try to think of what Jane Austen would have done. Of course, the poor girl had no idea what a chicken nugget or Chinese takeout would be. If you set your mind to it, you can find a solution.

I do all of my ordering direct from Gateway. (Since IBM sold out to Lenovo). I order it the way I want it and then have my local man set up and install the additional things that I need. To date, no problems. And, having a friendly helper is a MUST. I prepare his Income and Sales Tax Returns as well as his families' so we work well together. Oftentimes it is just a phone call. Have had absolutely no problems with the folks at Gateway or their products so far. Have ordered 3 notebooks and 2 desktops for myself and sons. Much better than purchasing from local retailer such as Best Buy because of the personal support. And, oftentimes, the discounts and prices are better if you watch the website.

I think just looking at the efile manager, and clicking 'incomplete' and looking to see what is not checked is enough reminder. I also check the 'rejected' and the 'held' categories, every day as soon as I log in, so that anything that is still in 'held' can be followed up on, and anything rejected ditto. Beyond that, I think that you just have to recognize that you are human, and so you will sometimes make a mistake, no matter how careful you are. And forgive yourself on that basis.

In view of all of the replies to my post, I have indeed forgiven myself and moved on. My client will have his money by this weekend. On the other hand, I forgot to file my husband's Sales Tax Return which is due on the 20th until the 23rd. I hope the DOR will be as forgiving...too much going on in my life right now, which I know is no excuse. I am taking a week of R and R.