kcjenkins

Edward makes a good point. That new 'checklist' makes a simple 2 page form that is perfect for the simpler returns.

The thing is, if the SFR showed you owed $10K and the correctly prepared return shows you owe $6K, then you sure want to file that return, rather than pay an extra $4K just because the SFR did not include your legit deductions.

Yes, I got one too. But the password did not work. Now I'm wondering if it was even legit, in the first place. I think I'll wait and call someone instead of trying to 'activate' that thing.

You are right, that time factor is a problem. But it's not too late for her to file MFS, with her correct figures, and that will still trump the SFR, in most cases.

A virus circulating is the UPS/Fed Ex Delivery Failure. You may receive an email from UPS/Fed Ex Service along with a packet number.. It will say that they were unable to deliver a package sent to you on such-and-such a date. It then asks you to print out the invoice copy attached. DON'T TRY TO PRINT THIS. IT LAUNCHES THE VIRUS! Pass this warning on to all your PC operators at work and home. This virus has caused millions of dollars in damage in the past few days. http://www.snopes.com/computer/virus/ups.asp http://urbanlegends.about.com/b/2008/07/15/ups-virus-warning.htm

Problems currently accessing the KB, you may need to wait a day, or call support, they know of the problem, which is not total, but does affect many right now. They are working on it.

HOW TO STAY YOUNG Throw out nonessential numbers. This includes age, weight and height. Let the doctor worry about them. That is why you pay him/her. Keep only cheerful friends. The grouches pull you down. Keep learning. Learn more about the computer, crafts, gardening, whatever. Never let the brain idle. " An idle mind is the devil's workshop." And the devil's name is Alzheimer's. Enjoy the simple things. Laugh often, long and loud. Laugh until you gasp for breath. The tears happen. Endure, grieve, and move on. The only person who is with us our entire life, is ourselves. Be ALIVE while you are alive. Surround yourself with what you love, whether it's family, friends, pets, keepsakes, music, plants, hobbies, whatever. Your home is your refuge. Cherish your health: If it is good, preserve it. If it is unstable, improve it. If it is beyond what you can improve, get help. Don't take guilt trips. Take a trip to the mall, to the next county, to a foreign country, but NOT to where the guilt is. Tell the people you love that you love them, at every opportunity.

This is correct. His return would be the one you are amending, to go to MFJ, and you simply add her correct info. The SFR should be totally ignored for this 1040X. Explanation would be something like "T/p filed MFS, and spouse did not file. Now amending to file jointly. All relevant forms are attached."

Yes, they qualify.

Note in the Fall 2009 Board of Accountancy Update that a CPA was suspended and disciplined and ordered to pay $12,000 of investigative costs for failing to report minimal or no compensation income on the returns of an S Corp that made that had substantial income. There is no note of suspension or other disciplinary action by IRS, so this was probably a situation where the client incurred substantial employment taxes and penalties and the client (or a sucessor CPA or an attorney) filed a complaint with the Board. Be careful out there folks. Kip Dellinger, CPA Kalllman And Co. LLP Los Angeles, CA

The really bad part is not that they audited her, because EIC fraud is a real issue. The horrible thing is how they reacted to her explanations, but going after the entire family. Most all of us want them to crub EIC fraud, but we also remember that this girl is an example of why we started the EIC in the first place. And it is horrible that she had to incur huge costs just to get a fair hearing in the end.

That is correct. You have the right to change or delete your own posts. And, I'll admit, from time to time I edit one to correct a spelling error or typo for someone. Not being sanctimonious, just to help clarify a post, usually.

Hope you have a great day Eric. You deserve it.

Not if you are a Bobby Burns fanatic like I am!

They have already spent it a few billion times, Elrod.

Also, Linda, since you are a realatively new member here, and an infrequent poster, you may not be aware that Jainen is our Official Contrarian. [I just designated him as such! ] His tax advice is almost always spot-on, but he does love to take the opposite side whenever possible. So try not to take anything he says too personally, he's not attacking the poster, usually, just the post.

It sounds to me like you made a mistake that I made once, of clicking on the dark box at the front of the forunm name. Doing that marks everything as 'read'. Clink on the name of the forum you want to read, and then you can tell which ones have new posts by looking for the tiny orange box in front of them. Then, after you read all you want to read, if you skipped some, you can go back out, and click on the dark boz, and it will grey, and all the posts in that group will be marked 'read'.

If you have not looked there lately, there are quite a few changes, to the good. Like you can now link the ATX emails as a 'RSS feed' etc. But one I think will help a lot of us if we find it to use it, is the new "Report" option on that ATX Support page. It's the 11th item down on the home page left side menu. Check it out. Lots of folks have asked for some of these.

No, Diane, you will still have the current year's depreciation schedule, just not the History page, and not the Next years depreciation. And no, it's not just TRX customers, it's everybody.

No, he does not have the money, but he does not have the debt either. Yes, he lost net worth back WHEN THE PRICES FELL, but now he actually improves his net worth by removing the debt from his balance sheet for much less than he owed.

what happens when you try to download the state forms?

Well, one thing is that you can, if you really need it for a particular asset, is go into the 08 program, in a blank return, and enter the asset there, as bought in 08, then print the history, and just edit the years to move them all up a year. Most of us don't use it except occasionally, I expect. If you really need it, often, then buying the fixed asset module may make sense anyway.

The new commander in Iraq hears that a Scottish regiment has a specialized field hospital that's doing fantastic things with the troops. He wants to know what is so special about the place, so he arranges a tour. When he gets to the ward, it's full of patients with no obvious sign of injury or illness. He's perplexed, so goes up to the first bed and greets the soldier there. The patient replies: "Fair fa your honest sonsie face, Great chieftain o the puddin race, Aboon them a ye take yer place, Painch, tripe or thairm, As langs my airm." The general is confused, so he just grins and moves on to the next patient. That soldier responds: "Some hae meat an canna eat, And some wad eat that want it, But we hae meat an we can eat, So let the Lord be thankit." Even more confused, and his grin now rictus-like, the commander moves on to the next patient, who immediately begins to chant: "Wee sleekit, cowerin, timorous beasty, O the panic in thy breasty, Thou needna start awa sae hastie, Wi bickering brattle." Now seriously troubled, the general turns to the accompanying doctor and asks, "Is this a psychiatric ward?" "No, not at all," replies the doctor. "This is the Serious Burns unit."

It still computes the depreciation, it just does not show you that handy History chart.

One day, a seamstress was sewing while sitting next to a river, and she dropped her thimble into the water. When she cried out, the Lord appeared and asked, "My dear child, why are you crying?" The seamstress replied that her thimble had fallen into the water and that she needed it to help her husband in making a living for their family. The Lord dipped His hand into the water and pulled up a golden thimble set with pearls. "Is this your thimble?" the Lord asked. The seamstress replied, "No, sir." The Lord again dipped into the river. He held out a silver thimble ringed with sapphires. "Is this your thimble?" the Lord asked. Again, the seamstress replied, "No, sir." The Lord reached down again and came up with a leather thimble. "Is this your thimble?" the Lord asked. The seamstress smiled and replied, "Yes." The Lord was pleased with the woman's honesty and gave her all three thimbles to keep, and the seamstress went home happy. Some years later, the seamstress was walking with her husband along the riverbank, and her husband fell into the river and disappeared under the water. When she cried out, the Lord again appeared and asked her, "Why are you crying?" "Oh Lord, my husband has fallen into the river!" The Lord went down into the water and came up with George Clooney. "Is this your husband?" the Lord asked. "Yes!" cried the seamstress. The Lord was furious. "You lied! That is an untruth!" The seamstress replied, "Oh, forgive me, my Lord -- it is a misunderstanding. You see, if I had said 'no' to George Clooney, you would have come up with Brad Pitt. Then if I said 'no' to him, you would have come up with my husband. Had I then said 'yes,' you would have given me all three. Lord, I'm not in the best of health and would not be able to take care of all three husbands, so that's why I said 'yes' to George Clooney." And so the Lord let her keep him. The moral of the story: Whenever a woman lies, it's for a good and honorable reason, and in the best interest of others. Signed, The Women