mcb39

I didn't enjoy hearing her laughing about his misfortune. It could just as well have been her. She wasn't giving him an inch. I would have gotten over.; and I wouldn't have been making a video. I would have been shaking in my boots.

Are those all for Rita? Judy should grab a few, she also ran out once. How many posts can we like before we run out?

Oh lovely, I updated after reading this thread about standing alone. I couldn't stand the constant interruptions reminding me to "please update"! No problems detected, though, so far. Thanks Jack for the guidance and thanks Rita for the humor. We need both in these final weeks.

Well, I just might be!

Today was drop off and phone call terror day. What are people thinking? I am so far behind that I expect to meet myself coming through the door one day. I can only do so much without finding myself making odd mistakes and will not allow that to happen. My house looks like a junk pit and I really don't care. I don't live in my house. I live in this office. A lot of people that are still out there are in for a big surprise.

If you are using a stand alone computer, there are no or very few minor issues. The program has performed beautifully for me this year. I am really happy that I stayed. I cannot speak for those who are networked. Good Luck with whatever you decide to do and welcome to the board.

No, Wrong. As a matter of fact, he is still with the same company. He pulled himself together like the stalwart fellow he is and moved on. How many years he paid the IRS, I have no clue, but he is very much alive and active; successful at his job. He ended up selling that house an probably made enough on it to pay off the debts. I understand it was a beauty. He is now married and his wife just recently picked up their tax return. Of course, they never listen. On the other hand, they don't know what to listen for sometimes.

I have been deducting it on Line 29 for at least a thousand years. We are both self-employed. I am Sch C; he is 1065 K1.

It is a part of my service to cut the vouchers, place them in labeled envelopes and write the dates in the corner of the envelope. (I draw the line at putting the stamps on them) I don't like leaving loose threads hanging around. When I see some of the "slop jobs" that have crossed my desk this year from former preparers, it is a wonder that the clients could find anything in them, even if they cared to look. I really like a nice neat presentation of the client copy. As for cutting the vouchers; one slice for all. There are some lengths to which I will not go. Also, I hate the waste of 3/4 of a page of paper. How much scratch paper can anybody use?

I had a client a number of years ago who did this same thing under the impression that a "hardship" withdrawal was exempt from penalties and taxes. When I broke the sorry news to him, I was really concerned and worried that he might be suicidal. In many cases I blame the administrator of the plan for not addressing and stressing the tax repercussions. Of course, they always say "I told him!" but you have to wonder how many really do and how many really care one way or another.

I agree with Rita. I don't have a cutoff date. I do as much as I can and don't push my endurance any more than I have to. Hubby told me yesterday that I look worried all the time, so I guess that I need to lighten up. I prepare them in the order in which they came in with a very few exceptions. There are situations, and there are situations. Just because they send me all their stuff from Arizona or Texas does not mean that they get priority. They play while I work. Well, guess what, this year I am taking them one at a time and any and all are welcome to find a better fit. None of them seem to want to.

Best we shut it down for the night. A lack of shut-eye may not just leave you feeling groggy—it could seriously injure your brain. A new study of mice has found 25% of brain cells died off after prolonged sleep loss, meant to duplicate night shifts or long hours at the office—the first evidence of its kind and a scary find if it applies to humans. "We now have evidence that sleep loss can lead to irreversible injury," a researcher told the BBC, noting that when the mice lost a little sleep, they were protected by an energizing protein, but brain cells began to die off when sleep loss became a habit. "This suggests to us that we are going to have to look very carefully in humans." If you don't get the recommended six to eight hours of sleep per night but substitute extra hours of snores later to catch up—like on weekends—that may not make up the difference either, researchers say, as the damage may already be done, CNN notes. While more research is needed—the group plans to study the brains of shift workers after death to look for nerve damage—there may also be a silver lining to look forward to: The team notes its research may eventually lead to medicines that help people deal with irregular sleep patterns caused by odd work hours

I should have added that only MY business information is on the cover sheet.

Those are always the ones who do this kind of thing.

The only occasion that I can recall having to type a zero is on a 1099R or a W2 and it works there, even though my preference is to print without zeros. Printing with or without zeros is the only option that I know of. In my experience, if you type a zero or any other digit and it isn't supposed to be there, it will disappear.

You can enter Box 14 info in ATX by choosing Not on list. I always enter everything that is on the W2. It doesn't flow anywhere, but the IRS is seeing the same W2 that you are seeing. As for the entries on D/8949, sounds fine to me.

A lot of that information can be opted to be included in the Client Letter. I also always print the Tax Summary which is generated by clicking on the refund or owe amount in the upper right hand corner of the sheet. As for a cover sheet, I make my own.

There is a drop down box where you choose either Sch C or Sch A. Don't remember exactly where it is on the worksheet.

If I remember correctly, these are reported on a separate W2 with accompanying explanation paperwork. I haven't done one of these for a while, but I don't believe you have to do anything with the Sch D because they are reported as ordinary income. (Something like that) Someone who has done one of these recently can jump in here.

I totally agree, in addition to the stress issue. Larger business owners come back one more time to revue everything before I print and file. Had one this morning who brought kringle, a huge fern and hugs. I would rather spend that one extra hour than have to take it all apart later and redo because they found some little thing. (By the way, Rita, is there anything special that we need to pack?)

I could never stand the stress. I would have to move into the cell with Rita B.

This may be true, but I have seen not reporting it come back to bite the taxpayer. Actually it was the state that questioned it because of RE transfers. I always report it right away to save confusion later. How do you charge a client to settle something with the government when you were the one who did not enter it on the tax return?

Hard to find as it is on the second page of the form. I just had a furnace.

I just finished two for two young girls who owe no tax, but both did work while in school. Grandma made investments when they were small and now, for whatever reason, decided to cash them in and they are registered in the girls' socials. What a nightmare. Also, Grandma did not give the receipts to the girls. Normally, I don't charge for student children of my clients and I spent hours on these. When I talked to Mom yesterday, I told her to tell her Mother that she didn't do me any favors. On the other hand, you have to take the bad with the good and I have had a lot of "good" this year.

I had one today. Of course, their world is coming to an end. "Nothing ever goes right for us", etc. They had 10% withheld from Fed and 0 from state. Well, that takes care of the Fed penalty and nothing else. This is not a good time to deal with stuff like that. My x-boss, the dentist, came in today to pick up his tax return. He told me that I work too hard. Funny, he never told me that when I worked for him; although I do know that he appreciated me. I just finally had to step away from that job. This one is more than enough for anybody.