Dan

I tried that but it doesn't work. I have Form 1040 (version 48)

Question: what is the number for tech support for PRS users? It looks like they have changed the number from what I used many years?

Question: 1. How do you get the Rounting No. and Account No. to transfer to Form 1040 (page 2)? 2. Is there anyway to do it without going the Efile route? 3. What are the steps?

How would you deduct on Schedule C the purchase of a vacuum cleaner? Is it possible to use section 179 and deduct the total amount? The vacuum cleaner was purchase in regard to a house cleaning business.

On (page 66) of "1040 Instructions" (Paid Preparer Must Sign Your Return) it says, "...Someone who prepares your return but does not charge you should not sign your return."

ERC, thanks for getting the unofficial ATX Community back up and running.

Thanks JRS!!! If the answer you gave only reduces withholding on a W-2, then there is no other line on Form 1040.

Question: Is there a $500 credit for workers and $1,000 credit for a couple that has been passed by the legislature? If there is, what line of Form 1040 are we looking at? Where is the documentation about this in IRS Material?

I've already research that, (if you don't pay estimated tax) it is March 2, 2009 An owner of an H&R Block (tax preparer) mentioned a later date that the return is due and I want to see what those in this community regard as when the return is due?

Question: If a farmer does not pay estimated taxes: when is he requried to file his return and not have to pay a penalty? Question: If a farmer does not pay estimated taxes: when is he required to file his return if he pays a penalty? What are the dates in which a farmer must file his return?

Thanks for responding!!! Another question: If the S-Corporation makes a distribution of cash to the owner/shareholder do you include that distribution on line 16d of the 1120S return? In looking at the 2007 Kleinrock's 1120S sample return they have a distribution on Schedule M-2, line 7 (distribution other than dividend distribution) but not an amount in the section "items affecting shareholder basis (16d). If you have an amount on schedule k-1 (16d) does this same amount go on the 1120S in the two places mentioned in the paragraph above? Why doesn't the sample 2007 Kleinrock return have the distribution in both places?

Does anyone know this answer?

My question is: "If you as owner/shareholder of an S-Corp pay yourself a distribution (cash), do you put that amount on Schedule K-1 (Form 1120S)?

Same here, I have program version 2008 6.134

Look at "1040" instructions (2008); line 39c; Realestate taxes (p. 34) "Your standard deduction is increased by the state and local real estate taxes you paid, up to $500 ($1,000 if married filing jointly). The real estate taxes must be taxes that would have been deducted on Schedule A if you had itemized your deductions." It does mentioned in that paragraph other taxes that you cannot deduct to increase your standard deduction.

Here is how I double check whether my forms are up-to-date. Go to MyATX Support Center; click on download center; click on 2008 form update, click on FEDS, click next. I even print this list so that I don't have to go to the site all the time. After you do this you will see a list of forms with their version number and whether or not they have been approved. I then do a right click on the form in my ATX program to see if it matches the version in MyATX Support center. This is how I check to see if I have the last version. You can also check other forms that may not be approved.

I have Windows XP (SP3) on my computer and it is working ok. I have the Pay-Per-Return ATX program and have no problems.

Thanks for responding!! I was wondering if you could lower the wages and pay more in distributions.

The 2008 organizer is included in the 2007 ATX program. If you had clients in 2007 you can bring the organizer in by adding forms as you do any other forms. Go to MyATX Support Center Go to download Center Go to prior year updates Go to 2007 Form updates Click on FEDS Click on Next Close to the bottom of the list generated you will see (organizer 2008) You can then download that organizer to the 2007 ATX program. You can then bring it into the client's return. You find this in the 2007 ATX program so you must have the 2007 ATX program especially if you want to get last years information to be on it.

If you are the owner of a small S Corporation and when you began the corporation the S-Corp paid you around $200 a week in wages. You thought this would be a reasonable wage. It seems that over the years after all the deductions are taken out there is not much left in order to take a distribution. You have only been able to take 1 or 2 distributions ($200 total or $400 total) per year. My question: How does the IRS fill about lowering the $200 a week in wages to say $175 a week so that you can get more distributions per year? How about lowering the wage to $150 per week? Is this a red flag to the IRS? When the S-Corp was formed, the thought was that more money would be generated. Look for your answers!!!!

The "User Guide" is available for you if you go to "MyATX Support Center." When you get to "MyATX Support Center," click on the Knowledgebase/learning center tab and on the left you will see the 2008 User Guide listed.

You can buy various pre-printed tax forms from STAPLES. It says on the packet you get from Staples "injet & laser compatible." My question was: does the Social Security Administration and the IRS accept these forms filled out with an injet printer or must you use a laser printer?

When you print W-2 (Copy A) and W-3 forms can you print them using an ink jet printer or must you use a laser printer? Where are the instructions found? Thanks!!!!

I would not install the ATX program to an external hard drive. I would use the external hard drive only for the data. I believe when programs are installed they must be installed to the internal hard drive. It is big flash drive.

Just a question, do you have Windows XP (SP2)? I had to upgrade from (SP1).