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  1. Well...... it's a Costco size bag of Lindor truffles.
  2. I'm essentially done and still have some of my stress chocolate supply left. That's a good sign!
  3. Control/y will show you the QB journal of a transaction.
  4. What I would like to know is why the *&^*$ does the Treasury print the interest paid on 8 3/4" paper????? It makes everything all scrunchy when fed through the scanner feed.
  5. Some people will take a mile if you give them an inch. This year seems worse for some reason. I've always charged on a per-form basis as I'm terrible about tracking my time. I've spent way to much time on what should be the simplest of returns simply because they can't or don't want to keep track of things like what they paid in child care. I've decided I'm going to raise fees around 30% next year and then give a substantial discount to those people who can follow simple instructions of what to bring.
  6. Highly doubtful. This is a one shareholder S-corp. Assets were sold mid 2020, SH disbursed money from bank accounts and returns were filed for 2020 and marked as final.
  7. Had anyone filed this for an S corp? I've always marked the final 1120S as final and never had any issues. An over zealous attorney is insisting it needs to be filed.
  8. I don't think you meant line 5 on 5329 as that is for ABLE accounts. If the amount was for periodic payments over lifetime, code 2 should have been in box 7 of 1099R and 5329 is not needed. If box 7 is not code 2 but client is telling you it's part of distributions over a lifetime, I'd have them to have issuing company send a corrected 1099R.
  9. If I'm understanding you, the net tax on the original return was correct, but the IRS is looking to access the 10% early withdrawal penalty? If so, I'd contact the PPL and see if sending documentation that she was deemed disabled before the date of withdrawal would close the matter.
  10. You could not claim all the kids to make it close. Then they can write a check to reduce debt held by public for any refundable amount left. I wouldn't override as that may trigger a math correction on IRS side.
  11. That is not incorrect. However, if either of their incomes are low enough to qualify for safe harbor payback, they will receive more in total with the same parent claiming both.
  12. kathyc2

    PTC 8962

    For 2021 and 22 there is no "subsidy cliff". Even those with income over 400% are not required to pay premiums for SLCSP that is more than 8.5% of income. In 2019 and prior if income over 400%, lines 7-8b did not populate. For 2021 if should calculate 8.5% of AGI on 8a and monthly on 8b. It should calculate correctly. If SLCSP is less than 8b, all APTC needs to be paid back. If your client is receiving a large credit, I assume he's older?
  13. Yes, it's called a post filing coupon, or PFC. Heads up that if your client was not a resident of IN on Jan 1, they don't owe county tax, just the state tax.
  14. I was trying to be helpful that self employed don't need to rush to make their SIMPLE contribution, but it seems like I'm pissing people off. Whatever.
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