Bob Hoffman

I'm wondering when someone from TRX will pop onto this board, see this discussion (re:signing a release) and respond. I am very curious as well.

I agree as well!

Good call, Mike. I agree. I want to know whether we can count on at least five years of an advanced ATX/CCH product.

Ha Ha

For the first time in a long time, I got a chance to do more than the old once over to see how much to send with extension. Getting a refund. Experienced the dreaded realized capital loss in a couple of key transactions.

Verifying the proper 4 letter name control worked for me earlier when I got rejection errors.

So if the entire transaction (say a loss of $100) is a wash the first transaction should net to 0 gain/loss and the wash sale portion should read loss of $100?

Sorry- I'm having a brain cramp. Wash sales - proper procedure in ATX- show whole loss and "minus out" the unallowed loss?

I will second all the above sentiments. This forum really is a great "intangible" asset!

In this case, the Federal 1041 was finalized by paying tax, not passing taxable income. There were cash distributions but they were of non-taxable funds.

I'm confused as to why an MI1041 will have a tax liability (like the Fed 1041) if filed not as final return but changes to all zeros if it is a final return. The fed computes a liability on the final. Any MI preparers give me any insight? I've researched the instructions and find nothing on that subject.

CCH works with TRX users?

I got the e-file through. I forgot to match the four letter name control to the one created in the return. Thanks, everybody.

I am getting a rejection notice -1041FD122 - on the e-file of my first trust return. I did not assume there would be any problem. Simply, the EIN and name "control" do not match in the IRS database. This is a first and final filing. I took the name and number right off of the IRS notice of EIN assignment. It matches. Any ideas or thoughts on how to check the information another way?

I am getting a rejection notice -1041FD122 - on the e-file of my first trust return. I did not assume there would be any problem. Simply, the EIN and name "control" do not match in the IRS database. This is a first and final filing. I took the name and number right off of the IRS notice of EIN assignment. It matches. Any ideas or thoughts on how to check the information another way?

It's down here.

Not here. The 100-200 transaction Merrill Lynch detailed reports have worked for 3 years now.

The motor home is personal property not real estate.

K-1 input sheets for the1041 are available. Perhaps they need to be downloaded from the website.

I'm jealous

The way I begin analyzing situation like this is to run a comparison of the current return to last year's. (Comparison 2008) on your forms list. If it isn't there, download it.

Unfortunately, if it didn't get paid back before he/she severed employment, it is income.

Does TRX have a community?

Amend 2007. Been there, done that.

Mine was delivered by a very cold looking USPS driver who seemed none too happy having to get out of his truck!