Naveen Mohan from New York

Is there a way to print client list and client address label in ATX Max? If so, how do I go about doing it? Thank you for your help. Naveen Mohan

How do you enter pre-MACRS property in ATX Max. When I choose Real Property or furniture and equip, it is only giving me MACRS class,it is not giving me old ACRS classification. how do I input property that was installed long time ago either under ACRS or S.L. method? thanks for your help with this matter. Naveen Mohan

Is ATX still going to ship the first install disk by mail or is it 100% online install this year? thanks for your help. Naveen Mohan

I am trying to install 2016 ATX max in my laptop with Window 10. The program is downloading but when I try to install it Window 10 will not let me install it. The message is coming up that you are trying to install a program whose identity is unknown and it may harm your computer and it will not let me move forward. How do I get around this problem. Thanks for your help. Naveen Mohan

This year ATX is requiring EFIN verification. I have not used E-Services for a very long time. I went there to get a copy of my EFIN letter but there isno place to get that there and I cannot find a place where I can print the summary page of my E-Services Account. My EFIN was issued back in 2007 but since them my address has changed. will ATX accept that letter even though my current address is not the same as shown on the letter. How do I get around this problem? Thanks for your help. Naveen Mohan

ATX has packed a companion product ATX Tax partner 1040 Lite. Anybody has any idea what that program does. When I tried to download this program, in the first screen it is asking to remove ATX Max 2016 and that does not make any sense so I did not proceed any further until I learn more about this program. If anybody in this board could point me to the right direction. Thanks Naveen Mohan

Michael: I am in Eagle Bridge, NY that is about 35 east of Albany, NY near New York Vermont border.

I am in the process of taking over the tax practice of a local accountant. It is a very small company. The way I want to do keep his company name and do his client's business under his company name. I want to send a letter of introduction to his clients letting them know that i have acquired his book of accounts and I will be handling business. I am looking for a sample letter that I could adapt in this case. Do any of you have any such letter that yuwould be willing to share with me or point me to the right direction. Thanks for your help in this matter. Naveen Mohan

I am in the process of acquiring a small tax practice with about 140 tax return. The seller has been using taxwise software while I use ATX Max. I want to be able to convert the 2015 backup/exported file from taxwise to ATX so that I can open them in my 2016 ATX Max program. Is there a process in place for something like that. I do not want to run two tax program at the same time in the tax season (ATX for my current client and taxwise for the newly acquired client). How do I go about accomplishing this? Thanks for your help in this matter. Naveen Mohan

I have a client who got a gift of $ 150,000 from his aunt. The aunt is in china and she is a Chinese national and resident . The aunt has no plan of coming to USA. My question is how do I handle gift tax in this situation. Gift tax is normally paid by the donor and donor in this case is in china with no intention of ever coming to USA and obviously she does not have a SS number. Thanks for your help with this matter. Naveen mohan

I did late renewal of my EA enrollment card because IRS no longer send the notice of renewal and this matter just slipped trough my mind. Since then IRS has cashed my check and I am showing as active in IRS site but I have not received the actual renewed enrollment card in the mail and it has been six weeks. IRS system is saying that my case was processed on August 16th. Should I be concerned that I do not have an actual renewal card i nmy hand. If so, how do I go about getting it. Thanks for your help. Naveen Mohan

I cannot seem to remember do I need to file both 8832 or just 2553 for a two member LLC to be taxed as S corporation. thanks for your help. Naveen Mohan

I forgot to renew my EA card and I got a letter from IRS saying that my EA designation is being deactivated. As a condition of reinstatement, I have to prove that I have done 72 hours of EPE in the previous cycle. My problem is part of my CPE credit were for volunteering in the local VITA program and the VITA coordinator is saying that she has forward my CPE credit information to IRS. Is there a way for me to download this information from the tax practitioner page of IRS web site. Thanks for your help. Naveen Mohan

I have a client. I have always filed his S-corporation return for the past 15 years with no problem However when I filed his 2015 S corporation return last week, I got the reject message saying as follow: " The return type indicated in the return header must match the return type established with the IRS for this EIN." I do not understand it. If IRS has accepted S corporation return from this client for the past 15 years, why all of a sudden they are rejecting this classification and how do I resolve this problem. Thanks for your help. Naveen Mohan

I have a client who got 1099 that really belong to one of her sub contractor so I am having her issue a 1099 from her to the sub contractor. this is the only schedule C transaction my client has. client is an individual and sub contractor is a S corporation. do I still do a schedule C to show the same amount as income and same amount as expense or will nominee 1099 will take care of it. Thanks for your help. Naveen Mohan

I have a new client call me to do his taxes. It is a non-profit organization that has not applied for 501 C(3) classification. In the absence of that do I do regular form 1120 for him? Thanks for your help. Naveen Mohan

I am having trouble getting a return efiled which has ITIN number in ATX MAX. . I am getting the message: Primary SSN and Primary Name Control test in the Return header must match the efile data base. I have double checked the name spelling and spacing and I am matching exactly as it is appearing in the ITIN card but my return is still getting rejected. Do I have a way around it or do I tell client to do paper filing? Thanks for your help. Naveen Mohan

New York Stte now allows efiling of amended return eventhough federal does not allow that. Ihave created the amended returnbut when I tried to create efile the message came out. I need to unlink New York state return for efiling. I do not know how to unlink a state return from federal return for efiling. If any of you could help me out it would be great. thanks Naveen Mohan

ATX packed 2015 ATX Tax Prep Partner 1040 lite in its ATX Max package but on ATX download page there is no link to download this product. How do I go about downloading this product into my computer. Thanks for your help in this matter. Naveen Mohan

I got an email today from ATX that along with my ATX MAX they are shipping 2015 ATX Tax Prep partner 1040 Lite. I have never heard of this product. I googled the phrase but I did not get a satisfactory response. does anybody knows what it does and Is CCH going to charge extra money for this product. Thanks fo ryour help. Naveen Mohan

I have a situation which I do not know how to handle it. I had a single member Sub Chapter S corporation which started in 2012. I listed the correct tax ID number when I filed his 2553 form but on 1120 S, I did a typographical error in his tax ID number on his 1120 S and the same typographical error in tax ID number also flowed on his Schedule E when I entered his K-1. I rolled over his return and the problem flowed through to his 2013 and 2014 tax return. The error was discovered when I was doing Retailer Food Stamp application while comparing his sales tax certificate with his corporation tax return. The tax returns went through OK in ATX Max electronic filing system with both IRS and New York State. I am confused that if I had wrong ID number in the tax return, how come both IRS system and New York State tax system accepted the return as filed. Since it is a single member S corporation so the income tax paid is correct. I do not know how to go about correcting this problem for future filing. thanks for your help in this matter. Naveen Mohan

I have a client who is filing his initial and final partnership on the same tax return because he started and closed his business in the same tax year. Can he claim section 179 deduction? partnership is showing new loss but the individual partners have positive job income to absorb the section 179 deduction if it is allowed in this case. thanks for your help. Naveen Mohan

I am wondering if there is a way to adjust setting in ATX Max so that if I have an out of state W-2 or Form K-1 then program automatically opens the relevant state forms for that state. The reason I am asking is that I was looking at a taxwise demo and in in taxwise if I have a New York W-2 and a VT W-2 the program automatically opens the relevant forms for both states. This features comes handy if you are doing a tax return for a new state. That way you are not missing a critical form. Thanks for your help. Naveen Mohan

I have a situation where client has taken money out from a C corporation where he has a zero basis in his stockholder position. right now it is not recorded anywhere except in the company checkbook. The distribution is $ 42,000 but retained earning balance is only $ 10,000. I can classify $ 10,000 of distribution as dividend but how do I classify the remaining $ 32,000. It cannot be return of capital because he has no basis. He is already drawing a salary from the company. thanks for your help. Naveen Mohan

I have a client who wants to withdraw money from her Roth IRA to purchase her first home. The problem is right now the money is sitting inn three different employer 401 k account. She wants to roll it over to her Roth IRA and then withdraw money to purchase her house. My first question is that her contribution to 401-k was Pre tax money and balance is employer matching contribution and earning on the account. Is she even allowed to roll it over to a Roth IRA. If not then does she need to set up a traditional IRA plan and roll it over there? Lastly what portion of can she withdraw without penalty or tax. Roth IRA is 2 years old thanks Naveen Mohan