kcjenkins

And the important thing to remind him is that until he does file, it's an open year for the IRS, so filing is still worth doing, just to close it. And, of course, it's HIS FAULT, NOT YOURS, that he lost the refund, if in fact there was a refund. And 2006 will soon be too late, also.

I'm pretty sure he just means that he took the downloaded spread sheet, deleted or moved any columns that were not needed, or were not in the right order to fit the ATX form, then 'copied' the sheet and 'pasted' it into the ATX form.

He gets HOH status for supporting his mother, but nothing else. Parent does not have to live with him to give him HOH status. No EIC because he is too young to qualify without a child, and he does not have a child.

Hope you have a great :bday:

Red forms are needed for all the information returns that go to the IRS, like the 1099s. Not needed for those that go to SSA, like W-2s. I will add, tho, that if you are sending only a small number [ my rule of thumb is 5 or less], you can send them on plain paper, and they will process them anyway. Probably because it is easier to just type them into the system than it is to send them back. More than a few, it's easier on them to send them back, since their antique equipment can not read them unless they are on the red forms, and they have to put them into the system by hand.

I agree, odds are good that it will go through fine as is. If they do reject the 2848 because you did not add the language that they want, you can always send them a copy of the general POA when/if that happens. But Jainen is right that there are special rules to use it for this purpose, and few people do it right.

Congratulations JB. We are happy for her and for you.

I agree that a 2848 is not what is needed in this situation, a full Power of Attorney document, or a specific POA for signing tax returns, which has been properly signed and notarized, would be needed.

Several corrections have been made to the chart. The same links will still take you to the corrected chart. I think Jainen is right about the tie-breaker rules, and have notified Andrew about that. The change we are referring to is that IRC 152(c )(4)(A) used to read "Except as provided in subparagraph (, if (but for this paragraph) an individual may be and is claimed as a qualifying child by 2 or more taxpayers . . ." It now reads Except as provided in subparagraphs ( and (C ), if (but for this paragraph) an individual may be claimed as a qualifying child by 2 or more taxpayers . . . The "AND IS" has been deleted. This is a significant change in some situations.

The credit is $400 for Single and $800 for MFJ. It does not matter if all the earnings is from one of them. The worksheet is doing it right, you do not need to override anything.

I agree. That is why although I approve of the idea of a national sales tax to replace the income tax, I would never support it unless they also repealed the 16th Amendment. Otherwise, within a few years we'd end up with both.

Mas, it's not double-dipping. The $400 he MAY have gotten in his paychecks was not from Uncle, it was just a reduction of his own withholding. Now is when he gets it from Uncle Sam. Hope that makes it clearer.

Which is a trade-off I'd be happy to make.

You are welcome. We all have to help each other, even if sometimes the best we can do is to share the problem. At least then we don't feel so frustrated, if we know others have had the same problem. It's early days, and we are all feeling pushed to get things done. I'm surprised, actually, considering all the changes, new credits, etc, that it's going as well as it is.

http://www.gamesforthebrain.com/

Call tech support? Did you check the KB?

On the rejected returns, were they people who get SS? And if so, did you show the $250 they got on the Sch M? Although the SSA form does not show the $250, the IRS does have the amount that was paid out by them, and if you do not enter it, the IRS will reject the return because it's claiming too much credit on the return.

As Jerry said, it depends on the state law. But in most states, such an arrangement is not considered a 'completed sale', and the house is considered part of the parent's estate. Thus giving the child the step up in basis. [Although not in 2010, of course.] I'd advise that she discuss this with the attorney that prepared the LTA, and get his opinion, in writing, before moving forward on it.

Those who worked and file as a dependent of another this year are really going to think they are getting screwed. I had a parent bring their information in today, along with their son's W-2. The son's employer did as they were told to do...cut the withholding by about $8 a week It came to almost $400 less in withholding. Problem is, the son does not get the $400 credit unless he claims his own exemption. So, instead of getting the refund he was expecting, he owes $260. I can see it is going to take alot of explaining to parents. I also expect a lot of college kids doing their own tax return and seeing the results....will decide to go ahead and claim themselves. That means more parents with letters about July or August.. Or parent's who's efiles are rejected because of the kids having filed earlier and claimed themselves.

The feds may tax the Cobra Premium Assistance too. If modified AGI is more than $125K [$250K MFJ]. See the worksheet for Line 60 of the 1040. It's line 29 on that worksheet to take you to the Cobra worksheet. Nice little notice at the bottom "Contact your former employer or health insurance plan to obtain the total premium assistance, if unknown." Any one want to bet it's not almost always 'unknown'?

Thanks, that is good to know. I'll be careful to document any that claim it, just in case.

Some programs will automatically 'time-out' if a download takes too long. And dial-up can be slow, especially for the larger files, like the 1040 itself. The best way to deal with that may be to use the manual option, then select only a few forms at a time, gradually increasing the number till you find out how many you can normally get without a problem.

And be sure to keep the response in the client's file, in case you have to answer a question about it two years from now. <_<

We need to keep an eye on this, and post as soon as it is signed by the President.

If you never gave him the depreciation Detail Report, then you do owe him that, but that is all. I'm sure you gave him copies of the payroll reports, and if he did not keep his copy, that is not your problem. If he wants additional copies, he has to pay [in advance, clearly, in this situation] for them. The phone company can give you a log of all your incoming calls, and that should be enough to support your harassment charge. Don't let him intimidate you.