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Eli

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Everything posted by Eli

  1. http://www.valleycentral.com/news/story.aspx?id=424631 Good job!! Eli
  2. Only choice is MFJ & MFS. Either way they don't qualify for EIC. Kinda hard, but thats the way it's set up. I'm not sure that a spouse can be a dependent. If she's in the process of getting her status legalized & gets a SSN then I believe you can go back & amend the return. Eli
  3. Thats what I did & got a great computer that easily would have probably cost over 1000 if I had purchased from Dell or HP or any oother brand name. Eli
  4. Eli

    Sch D ?

    Tom, If there was a cow casualty, believe me I wouldnt go anywhere near it :-) A new employee asked in a staff meeting today if pepper spray would be a good thing to carry just in case they come up to a smuggler(s). If you're close enough to use the pepper spray you're in deep doodoo! Eli
  5. I just bought a custom built computer. It has an AMD Quad 4 Phenom processor, 4gb ram (upgradable to 8), 500 gb sata hard drive partitioned with both windows vista & windows 7 64 bit. Runs extremely quiet & extremely fast. Cost: $732.00 Eli
  6. Eli

    Sch D ?

    Jainen, as usual you are correct. I was looking at was a tax statement personal summary. Well I had already entered 61 transactions. Glad you guys are around to help us 'rookies'. Thanks, Jainen! If you're ever down my way let me know & you'll get treated to a really good ribeye :-) Eli
  7. Eli

    Sch D ?

    Hi Terry! Wel things are going well. Slowed down somewhat now. Still working at the refuge & keeping my head low :-) Seems there's at least one gun battle everyday now right across the border. Eventually it will spill across the border. How's the family? Eli
  8. Eli

    Sch D ?

    Thank you, JRS!! I will get to it I guess :-) Eli
  9. Eli

    Sch D ?

    Client has several stock sales for 2009. Same fund, same sale date, but acquired on different dates. The 1099B has the acquired dates for each transaction. Can I group them & put 'various' for the acquired date on the Sch D or must I list them individually? Thanks! Eli
  10. Thanks for that info, Fred! Eli
  11. Kerry, That is an awesome picture!! Glad to hear you're doing well. Eli
  12. Fredazcpa. I have one just like that as well. I'd never had that problem before.
  13. Mom earned 20,510 total income. Mom pays all the bills including food. 22 year old college student daughter earned 14,470. Mom also claims her parent as a dependent. Can Daughter file on her own & will mom still qualify for EIC if daughter is claimed as qualifying child for EIC purpose only? Or does daughter lose the dependency whether mom claims her or not? Thanks! Eli
  14. Eli

    Ky EFile ?

    Kea, Thanks for that link. It's a great reference! Eli
  15. Taxpayer has claimed mom as dependent in the past. This year the mom has Sch C income from the state. The amount on the 1099 is 2952. The mom would owe the SE taxes & daughter can still claim mom? All other qualifiers have been met. I feel she can, just double checking here. Thanks! Eli
  16. Eli

    Dependent ?

    I'm just going to prepare her return claiming her dependency. She can mail it in & let the IRS sort it out. It's quite a bit extra for her with tuition credits :-) Thanks for the replies!! Eli
  17. Eli

    Ky EFile ?

    Thanks, KC!! Eli
  18. Eli

    Ky EFile ?

    I'm trying to create an efile for the State of Ky. The federal is the only return showing up on the 'create efile box'. Wonder if I'm missing something?? Thanks!! Eli
  19. Eli

    Dependent ?

    Thanks, TaxBilly! She will be happy. She was losing almost $800. Thanks again for that confirmation. Eli
  20. Eli

    Dependent ?

    Young lady turned 24 on Nov 11, 2009. Work and goes to school. She earned just under $12000 in '09. Parents earned $16K. Parents claimed their 17 year old son & their 24 year old daughter(previously mentioned). The daughter says the parents were told at a VITA site that it would be best to claim her for financial aid purposes. I think the daughter should file on her own & parents should amend their return. There's no difference in the amount of their refund so that shouldn't be an issue. The mom says that she'll have to go back to the VITA site to confirm what I told her. Is my thinking correct here? Thanks! Eli
  21. Eli

    1099-MISC BOX 7 ?

    Thanks, Michael for another option :-) Eli
  22. Taxpayer recieved a 1099 MISC from the Texas Highway Patrol for mileage reimbursement. They listed the amount in box 7 (nonemployee compensation). The taxpayer turned the check over to the the city manager since he is paid by the city. What would be the proper way to report the 1099 on his return? I was thinking of zeroing out the amount with mileage, but not sure that would be the correct thing to do. Thanks! Eli
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