terry

T/P unmarried, her child 19 lives at home. Fails qualifying child & qualifying relative tests. Not in school & has income. Is T/P still able to continue using HOH status? Think I'm confusing qualifying child & qualifying person rules. I thought I recall the law changing to prevent HOH for older children still at home. Thanks in advance!

T/P died Dec 2008, was not entitled to stimulus last year but is this year. Representative can obtain Recovery Rebate for this T/P? Thanks.

Yes to both. Thanks!

Thank-you. He recieved a 1099-S.

T/P's divorced and she continued to live in jointly -owned home until sale in 2008. I'm preparing his taxes (he did not live in home 2 out of 5 yr). He is still able to satisfy use test because she lived there as her main home till sale? Its been awhile since I've had this situation. Thanks in advance!

City of Port Huron is a separate return not tied to the Michigan return.

I agree, I have entered these on Sch D with Sec 121 exclusion.

Correct, thats what I was asking. Sorry if I didnt word it correctly the first time. So... He has actual reciepts for lodging, none for meals. I'm able to use actual lodging reciepts plus M&IE rate? Ignore the reimbursement because its a nonaccountable plan with reimbursement already in W-2 wages? Trying to understand Pub. 17. Thanks to everyone!

Under a non-accountable plan, an employee working out-of-state temporary job. Receives reimbursement $100 per day to be used for lodging & meals. Is an employee allowed to deduct the difference between Per diem allowances for lodging, meals & the reimbursement? Working in a high cost city. Thanks!

Concerning the new 50% bonus depreciation allowance-- Does 7 year property placed in service in 2008 qualify on Schedule E for rental property? Thanks in advance!

That works! Thanks again.

This form is appearing in the return when there is just the 10% penalty on early withdrawal. In past years, we could enter NO to the left of line #. Am I missing a check the box somewhere? Thank-you.

I am considering Chase this year, used HSBC last. What problems were you having with Chase? Thanks.

I have a client who also has enron stock that he inherited in 2000. Has anyone on the board handled this in the past? Year it became worthless? Thanks in advance!

Thank-you Linda.

Hi everyone! Search resulted in conflicting ways to proceed so here goes.... T/P recieved just 1099-A so far. Box 2. Bal. of principal outstanding is 180000. Box 4. FMV is 190000. Box 5. yes,liable for repayment. Adjusted basis is 170000. Sec. 121 exclusion will apply. Am I to use Balance of principal as Sales Price on Sch. D or FMV? Thanks in advance to all who respond.

Tech support told me to synchronize and if that doesnt work to wait an hour.

No, having same problem.

Thanks for your response! There are no remaining assets and the 1099-C is for $800.

I think my question has gotten lost in the shuffle! My client had asked if he could just include the amount on his 1040, since he was personal rep. Have not found anything further yet.

Any suggestions on how to handle a 1099-C for deceased parent who died in 2000? Son(personal rep) had negotiated down credit card debt. 1099-C in deceased SS#. Son received the 1099-C for tax year 2007. Thanks.

THANK-YOU!

Can a MFJ return be efiled with spouses last name different? Couple married end of year and wife didnt apply for name change yet.

Taxpayers not married. He earned 50000. She earned 25000. Had a child together in 2007. He owns home & all lived happily ever after all year. He could file Single. She could file Single, claim child exemption, child tax credit & EIC. She would have to provide over half of upkeep on home for HOH correct? I understand that the child can only be the qualifying child of one of them & that one takes all the benefits. Double checking myself here. Glad they are getting married this year! Thanks to all who respond. Oh, efile is going smoothly on my end so far, making me a happy camper!!

Efile Status Site is working this morning!