BobbyCPA

An ATX representative just told me that I need to paper file because the software won't accept a foreign address on the Form 1098-T input screen.

Robert 1:14:15 p.m. ATX does not recognize the address.

Miguel 1:16:00 p.m. Our system will not be able to accept the foreign address

Robert 1:16:42 p.m. So do I need to file a paper tax return?

Miguel 1:17:22 p.m. Yes due to the issue, the return will need to be paper file

On 3/25/2021 at 3:07 PM, Yardley CPA said:

As I was reviewing this years completed tax return for a client, I noted that the pension information that was efiled last year was transmitted with the wrong payee information.  All of the financial information was reported correctly but it was transmitted using a different payee.  There must of been an old 1099-R input screen that I inadvertently input the information on with the incorrect Payee and TIN.  Is there a way to rectify this?

That happened to me 2 or 3 times in the past with the submission of an incorrect payer ID # but those clients never received a notice.

My first thought is that deducting the forgiven payback amount is like double dipping, but then so is deducting proceeds of a tax-free PPP loan used for business expenses. 

I have a handful of clients with crypto and they all are younger than age 35. I've informed them to complete my blank gain/loss worksheet to record the activity. 

I informed all clients in my pre-Tax-Season letter that it is advisable to obtain an IP PIN. I included a Yes and No check box for them to indicate whether they did so or not. Approximately 20% obtained an IP PIN, 10% tried but were unsuccessful (some of whom couldn't pass IRS's confirmation-of-identity test), and the remaining 70% didn't pursue it at all.

I'm surprised to read that a PIN for 2021 has already been received because it's usually not issued until the end of the year. 

Anybody encounter this situation? Is a paper tax return required?

On 4/18/2021 at 11:05 AM, Abby Normal said:

And 8283 isn't bad if you customize it extensively.

Yes! I also mined a list of charity donee names, addresses, etc. from previous tax returns that I keep in an Excel spreadsheet window screen (along with college name, addresses, etc. and other data) that can be instantly copied into ATX).

Thank you! I'll try again.

5 hours ago, HV Ken said:

I am seeing this more this year than in years past. I always have the Task Manager up to give me an idea of when I need to close the program to free up the memory issues inherent in ATX's lazy programming practices.

Whatever you do, don't click on CLOST PROGRAM. This will cause you to lose any unsaved work. Instead, "X" the error window, save your changes, then close the program as you normally would.

I've been doing the same: "X" the error window, save the tax return, close ATX, restart ATX. Clicking OK on the error window prevented ATX from restarting until I rebooted my computer.

My client IRS tax returns containing an IP PIN with a leading zero (0xxxxx) are being rejected.

No response from ATX. Very disappointed with that level of customer service.

Still waiting for a reply from ATX. Hopefully the delay is because it's a holiday (theirs, not mine). 

I called ATX early this morning but my automated voice "work order" question hasn't been returned yet.

I entered my client's 6-digit IP PIN in ATX. The first digit is a zero: 0xxxxx. But the E-filing is being Rejected by Agency (Reject Code X0000-005) because they say the IP PIN has only 5 digits (xxxxx) instead of 6 digits (0xxxxx). It's as if the first digit zero isn't being seen or is being dropped (sorta like when Excel drops the leading zero if such a number is entered into a cell). The ATX virtual assistant suggested putting a single quote mark before the IP PIN but that resulted in ATX preventing the E-file from even being created. Anybody here with a similar experience?