Marie

SOME GOING ON 2 DAYS  

OVER A DAY, GUESS NOT FOREVER 

Waiting forever for acceptance.  Are all MO preparers having the same issue? 

father and son were in a partnership in 2017, but then dad decided to get out and just gave son the property and assets in2022.  Would that make a difference? 

Client and his dad bought a farm in 2017  No fences were set  up on depreciation originally.  Now client thinks we should 

set up fences.  My thought I would have to set them up as a 2017 asset, which would leave only a few years left.  He's wanting to start depreciating this year.  I don't think so, am I wrong or right ?

GOOD  that makes sense.  thanks

I SAW THIS, DOES THAT MEAN IT IS PAID EVEN THOUGH THE PAYMENT HAS NOT BEEN PULLED FROM THE BANK.  

We are doing direct debits for more people this year because of the poor service of the post office.  We are doing thru ATX software.  The federal is going out within a couple of days, but MO isn't pulling their money for days.  We set one up for April 5 and it still hasn't been taken today.  Is it considered paid if the efile is accepted?   Getting too close to April 15 for payments to be considered late.  Does anyone know ?  

fiduciary return started in 22 and ended 23.  federal return efiled but can't get the MO to create.  What am I doing wrong?

Farmer sold more cows than in the last 3 years.  He doesn't intend to replace, can he defer the income from the excess cows to 2024?

client sold farm.  she had been active  in 2022, but sold in 2023.  Can she avoid the NIIT? and in ATX software how do I do it? 

CREDIT CARD CANCELLATION.  CAN'T FIND WHERE TO ENTER? 

how do i find

Mine cancelled for no reason,.  I've looked at bikirk.  Anyone else using?  About the same price but I think more coverage.

Opinions??

How do you report a delay of selling cows during a drought.  I believe a farmer has 3 years to replace breeding stock, but is there a place to put that on the Sch F or 1040? of does the farmer just have to keep track of that himself in case he's questioned? 

Client received 1099 c from usda on his farm loan.  Where is that put in?  I've looked all through the "other income" list and can't find     How do I tell if it is taxable income?

what about ATX  ?  there should be a worksheet, but I can't find

is the 80% done manually?

my amt nol's don't seem to be figuring right.  Wondered if anyone else is haveing trouble with the numbers corresponding to other worksheets. 

also is the software doing the 80% reduction on NOL's since 2019?

thanks

HOW DO YOU MARK A SUPERSEDED RETURN?  DO YOU USE THE 1065 AMENDED FORMS

I have already efiled partnership return and forgot to mark the box for the exception.  Should I amend before march 15?

i have read.  farmer has a 181000 nol, in 2023 his farm had a profit of 150000

now amt pops up and he owes 7000 in amt.  

does that sound correct?

I need help understanding this.  Please share some knowledge with me

it was fixed, thanks