windmill

I also had the fixed assets disappear on two different returns today. Each I had thought I was done, but had to reopen, then the refund was so different. After comparing before and after, the fixed assets had to redone to get back to where the return was before. Thank goodness only 3 assets had to reentered.

Client sold property in 1998, but retained the mineral rights. For the capital gain in 1998, they use the cost basis of the land when inherited. What do I use for the cost basis for the mineral rights in 2012 when he sold them for $3 million. Opinions please. I am thinking 2012 legal fees only for the cost basis.

I went to rollover a return and the program notice said," ATX2011 not found, file could be corrupt". Panic. Installed 12.11 yesterday Rebooted. Everything OK Just to let you know somethings are still not 100%, if I have to tell you guys that.

I can confirm that farmers have until April 15th to file. I have 6 returns waiting for the 8582.

Thanks, Jack

I have two state returns with the rejected status, but the efile center shows "rehang". On the first time, I recreated the efile and transmitted,and now both state returns are rejected again. Does this mean that ATX will resubmit or do I submit?

Version 12.9 is not an automatic update. You'll need to get it from ATX website. Once I downloaded 12.9, no crashes and running smooth. I am a stand alone computer guy.

Form 4562 Version 93 efiled with two 1120S this morning and printed. This might help.

Yes, I know that efiling is mandated, but......

I have been looking for 8582 for a week. Guess we could mail in returns if we are waiting until early March.

When I orginally downloaded this form, something corrupted it. So.... Went to the knowledge base and found a fix for this. It tells to go the Assets folder in the program and delete the folder. To me, that was scary...so, . I didn't want to do that so I found the form in two places, one in recent forms and one in orginals. Deleted both of these. Still crashes the program when I try to download into the tax return. I am now going to the New York State Taxation site and file both the federal and state through that site.

I just downloaded New York forms and now the clients with these forms won't open and then program crashes. Other clients open fine.

I just downloaded the New York forms and now for my two clients from NY, the returns won't open and program crashes. It looked like the download went alright. GRRRRRR!! Other clients returns open OK. Any ideas?

When I looked at the ATX web site , the only update was 12.5. Where did you find it?? I tried a manual update through the program, but it showed no updates and I am setting at 12.5

I have others(940/941s) that have processed.

I have some 940/941s in "Transmitted to Agency" for four days. Anybody else??

Thanks...

Basic question about efiling...Is the efile deadline still Oct 15th for 2011 returns or has the IRS gone year round yet?

ACK received yesterday. 11/6/2012

My Form 941 is still awaiting ACK. I guess Sandy did interrupt processing.

I efiled 941 on Oct 30th. The 941 was transmitted to agency, but no acceptance so of now. Anybody has similiar problem.

Does anybody know when we can expect this pub from CCH?

You might look at the impact on grandmother tax return. It may not have any impact except self employment taxes which the daughter could pay because she is getting a sweet deal. On a profit of $1000, the SE is only $150. Child care centers around my city have weekly fees of $150 and up. I agree with walters, that sch c needs to be filed when the daughter claims child care credit. The income needs to be reported. And of course, self employment taxes paid. Next year reduce the weekly fee or do it for free or add to number of kids cared for.

Great....after a tax season, I have donated to ERC...well worth it. thanks ERC

Labels. To be able to print on the 3x10 sheet the client's name and address. Also to be able to print a selected label, not only the upper left, but say, the middle 3rd row. Small issue, but I have to have another program to do this.