had my client call the IRS number to opt out. waited 1/2 on hold, then was sent to different people, and was finally told that there had been too many callers and he would have to call back later or tomorrow. Who has this much time, never knowing if you are going to get through? Poor service
Mother has died in 2020, and daughter is wanting to file Mom's taxes for 2020. But efile rejected saying "The Primary SSN in the return header has been locked because Social Security Administration records indicate the number belongs to a deceased individual."
How do I fix this? Does it have to be a paper file?
I have several first time filers (under 18) who are getting the letters about verifying their ID. One client has tried at least 6 times, at various times of the day to call and verify. No luck talking to a representative. Their time limit is up. What is the next step? She does not have access to a computer, unless she comes into my office. Can that be done? She does not have a credit card to help verify either. Any suggestions?
clients are getting letters, some have no idea what is going on. Will the tax preparer (me) be able to opt out for my clients?
I have several clients who do not have computers
me, too. only being processed. Most of my hold-ups were efiled first of March. Tried the pract line and said they were too busy, call back tomorrow.
What a pain!!! Going past the 12 weeks
holdups seem to be add'l child for stimulus, pyeic, filing as an independent child, being claimed as dependent in 2019, now claiming stimulus
still, some of these people dependent on this refund, I work a low income community
need to check on an efile status, can't find where to go? The new website comes up and I can't seem to navigate. How is the easiest way to get there. I always click on support in the program and went right where I wanted to go
USED QUALIFIED INTER. I have done a couple. but they put all proceeds in escrow, not just part. and purchased more than they sold. Are you thinking there is no way to defer his gain?
When selling the original property, it sold for $612000, $300,000 was automatically put into escrow at that time for a like kind exchange. He had no access to the $300000 until he purchased the replacement property and it was wired to the owners of the property he purchased.
SO, CAN YOU HELP ME DO SOME FIGURING OUT. Not me, but I think he was told this would work. he put into escrow the profit he made. then went and purchased another property.
OK, SOLD PROPERTY FOR $612,OOO COST WAS $277500 = PROFIT OF $334500 HE DEFERRED $300000. SO? HE NEEDS TO PAY CAPITAL GAINS ON $34500. hE BOUGHT REPLACEMENT PROPERTY FOR $510000. SO BASIS OF NEW PROPERTY IS $210,000 I CAN'T GET THE NUMBERS IN THE RIGHT PLACES. PLEASE HELP ME!!
I HAVE READ AND READ AND CAN'T GET IT TO GO MAYBE I'M MISSING A WORKSHEET?
HE NEEDS TO PAY ON $34500. tHIS AMOUNT WAS NOT IN THE HELD FUNDS FOR THE 1031 WHERE DO I REPORT THAT?