Linda Mathey

Just went into the forms and the date on voucher 1 is fixed. I opened a case last night and they took care of it.

I tried to alert ATX but of course with new hours they are closed. Better to not have updated but expected to see July 15, 2020.

Hi, I am preparing estimates for a client. I noticed the 1040ES said there was an update. I updated forms and now the first estimate instead of being due 4/15/20 it says 12/16/19. What the heck is going on? Linda

Thanks Gail. I actually had an IT person login remotely and check my computer yesterday afternoon into the evening. He used Teamviewer. He was able to see that the program would not allow me to create any efiles. We created a new file and got the same message "none of the forms in the file are eligible for efile" He also watched me go to EFile Manager and attempt to send a file that I had created the day before. He saw that it showed "unable to transmit error in file" even though the federal had transmitted at midnight the night before. He ran virus detection with BitDefender and no issues there. He found in a blog online a suggestion to re-download forms. So We also tried re-downloading all forms for the return using Support/Customer Support Utilities/Redownload forms in marked returns. That also did not work. In desperation, I logged onto ATX and opened a case and explained in detail my issues. Low and behold this morning I went into my program and was able to create an efile with the same file that it rejected yesterday, I then went to EFile manager and was able to send the return it said yesterday that had an error. I also transmitted the new file I created today. I am unsure what happened overnight but I feel so blessed that my program is now working. Thank you everyone for the replies to my desperate message!

Unfortunately ATX is closed until Monday. Hopefully on Monday I get a quick answer. I will reply after they let me know what the issue was.

Update on issue. Another return that I e-filed the federal last evening was accepted so I tried to e-file the state now and it will not transmit. The message says an error has occuirred and is preventing this e-file from being transmitted" Is anyone else having this issue???

Greetings, Last evening I rolled over a return from 2018, entered all data, checked return and selected e-file. The return showed up in my e-file folder. I did not e-file last night because I needed to verify this morning that the direct deposit was going to the same bank as last year. Once I spoke with my client I tried to e-file and got a message that none of the forms included with the return are eligible for e-file. So I deleted the e-file and went back to the return and tried again. Now it will not allow me to create an e-file. So I duplicated the return and tried again. No success. Now I deleted the 2019 file and again rolled over the 2018 file. I re-entered everything and it still gives the same message. So I now created a new file using a different name and only entered the w2 information and tried to efile. The same message appeared...."none of the forms included with the return are eligible for e-file". Help can anyone tell me what to do? Of course ATX is not open for telephone support or online support on Sat or Sun. Thanks in advance. Linda

If the decedent did not sell the stock there would be no gain on the final 1040 which would only include the income from 1/1 to 8/31. The estate would then file a 1041 and if they sold the stock within the estate the tax would be paid by the estate prior to distributing the cash to the beneficiaries. If the stock was not sold and was instead distributed to the beneficiaries then their basis would be the Sept 1 basis.

Margaret and Rita, Thank you both for your helpful responses. I now understand how to enter it into ATX and I have contacted him for the actual expenses. I cannot express how much it means to have everyone here as a resource. Linda

Margaret I added the 1040 Clergy Worksheet form and entered the housing allowance on line 4a. However when I do that it carries it to page 1 line 1 and adds a notation of excess allowance. Thereby causing the housing allowance to be subject to federal and state income taxes. The Schedule SE is computing correctly. How do I get the housing allowance entered on the Clergy Worksheet not to carry to page 1, line 1? Thank you so much for your assistance. Linda

I was asked by my minister to prepare his tax return as his account just retired. I have never prepared a tax return for a minister before. I asked for a copy of his last year's return. I noticed that his w2 showed no social security or medicare taxes withheld. However when the 2018 return was filed Schedule SE was prepared and he paid SE tax on his earnings. However they did nothing with his housing allowance. In doing some research by reading Publication 517, it appears that his housing allowance while not subject to income taxes is subject to social security taxes. I use ATX and when I add the form for ministers and show the housing allowance it also adds it to taxable income. My questions are: 1. Am I correct that the housing allowance subject only to SE tax? 2. If yes, how can I get it in ATX without the program trying to subject it to federal and state taxes. Thanks in advance for any suggestions or insight you can add. Linda

I have re-read the instructions for Worksheet 1 and I have to manually add the converted Canadian pension amounts. Thanks Judy!

Thank you. One more question since I use ATX software. Do I just combine the Canadian income that I have converted to US dollars with the total U.S. Social Security? I see no other place to enter it in order to have it appear on line 20a

I just found this on several sites. Now the issue is how to input this in ATX??? The taxation of payments received from Canadian retirement programs that are similar to the U.S. Social Security system receive special tax treatment due to an income tax treaty between the United States and Canadian governments. The way this income is taxed depends on the recipient’s residence. The special tax treatment applies to payments receive from the following Canadian retirement programs: Canada Pension Plan (CPP), Quebec Pension Plan (QPP), and Old Age Security (OAS) If the recipient is a resident of the United States, the benefits: are taxable only in the United States, are treated as U.S. social security benefits for U.S. tax purposes, and are reported on Form 1040, U.S. Individual Income Tax Return (or Form 1040A) on the line on which U.S. social security benefits would be reported. If the recipient is a U.S. citizen or lawful permanent resident (green card holder) who is a resident of Canada, the benefits are taxable only in Canada. Again, thanks for your input! Linda

The $3,000+ is described as #46 taxable Canada pension benefits. Since it appears that there is no tax on income below $11,635 in Canada, I would assume no Canadian reporting is required and is also the reason there was no non-resident withholding.tax shown. I think I should report the pension on his 1040 on line 21. The old age benefits do not seem to fit anywhere else so I would assume line 21 for them as well. Thanks in advance for your replies. Linda

Hi, I am hoping someone is familiar with Canadian taxes and can assist me. I have a client that is 89 years old. He has been my client since 1982. In all that time I have never been provided with any forms from the Canadian government. He is now suffering from dementia and his daughter gathered his tax information. Among the documents were two forms. One is an NR4 and is a statement of amounts paid to non-residents of Canada of $3,017.76 and the second is also an NR4 reporting an amount of $523.41 as old-age security pension. I have done some research and learned that his US Social Security would have been reduced by the regular pension amount and that it would only be taxable if it were taxable in Canada. Does anyone have any idea how I determine if these amounts are taxable on his Form 1040 and if so where and how do I report them? Thank you in advance for any assistance you can provide. Linda

I am very frustrated. I just began work on the first of a number of large trusts. Apparently there is no way to import csv files with capital gains and losses to the 2012 Form 1041 program. This is the smallest of the trusts and has 147 capital gain transactions....way too time consuming to input one at a time. Come on ATX give us what we paid for. Does anyone else use a different software that allows the import of the transactions?

Agree with Tom, file the 2011 Form 1041. I doubt the IRS will question it.

Thanks I have prepared the 1040X and IT1040X and will just have her make the payments before April 17. I knew that there was probably no option and the amount she is paying is almost what her estimate would be if they were able to pull the credit back to the 1040. Hate it when this comes out after returns are filed...I guess I need to ask more questions up front.

Unfortunately she worked and earned over the $3,700 exemption amount during 2011 and even though mom supplied way more than 50% of her support she fails this one of the four tests for qualifying relative.

I Efiled tax returns last week for a client and her two college age children. On her return we claimed both children. She had a large enough refund we had a portion credited to her 2012 estimates and requested a refund of the balance. She got back in town and called and during the discussion I learned her daughter turned 24 during 2011. I need to amend the return and it shows a balance due on the 1040X of $4 less than what we asked to be credited to her estimates. Is there any way to get the amount we asked to be credited applied to her taxes? I am assuming the answer is "no" and she will have to pay the balance on the amended return and then wait for the refund check but thought that it could not hurt to ask.

Thanks for the suggestions. I was nervous about grouping as suggested by lynnjacobs and using the latest date. I always felt better sending in the broker statements but was trying to avoid doing that this year.. I have mapped into ATX using spreadsheets from all brokers but Morgan Stanley. The reason as stated above is that they have inserted extra data into each column so it involves a lot of cleanup. For instance in the column that shows the date it also says "short" or "long". Does not sound like much but removing it from over 500 transactions is a lot of work. In addition, they wrapped the data this year so the column showing cost shows both original cost and adjusted cost on the same line. Again you can clean it up but it involves removing one of the costs from each of 500 lines. Finally when showing mutual fund transactions they show the Description of the fund on the line above and then nothing on the lines below. In a case where dividends have been invested for a period of years you have no choice but to cut and paste the description. Not fun....amd I have a lot of Morgan Stanley clients with large managed accounts. I just finished one to see how long it took to clean it up soit would import, it took roughly 5 hours. Sorry just had to vent! Lion I have never been able to figure out how to merge the two fields in excel as you suggest. My excel tells me"The selection contains multiple data values. Merging into one cell will only keep the upper-left most data." If there is a way to do this it would help a lot.

I have several clients with over 500 capital gains transactions from managed brokerage accounts. Since I prepare enough returns to be required to EFile them I am trying to figure out how to attach a PDF to prevent me from having to input each transaction. When I enter transactions as a group (short-term losses, short-germ-gains, etc) on the input forms I have to use "various" since all were acquired and sold on differing dates. ATX will not create an EFile with "various" in the date field. As a result I cannot even get to EFile manager to attach the PDF of all the transactions. I then requested an excel spreadsheet from the brokerage firms which some of them provided. However the number of shares is in one column, description in another, etc. When I try to import the Sch D transactions after converting from excel to CSV files I get errors since I cannot merge the excel columns to put both # of shares and description into one column. In addition when "mapping" the columns into Schedule D, there is nothing provided for adjustment amounts so these also have to be added manually. In addition, Morgan Stanley files have additional information in the columns which we cannot use and ATX will not allow me to import. USB sent an excel spreadsheet but it also contains the # shares in one column and the description in another. The only thing I can think of is to manually add the # of shares on each line. Merrill Lynch broker says they cannot provide excel files but they sent me the PDF which I refer to in the first paragraph. Has anyone had any luck EFiling a taxpayer with a large number of transactions using excel (converted to CSV) or attaching a PDF without having to input or modify every transaction. If so, could you please share how you did it?

Did you file Form 8855 to combine the estate and trust filing until the estate is closed? Was the property in the name of the trust? If not was the will a "pourover will" that directed that any assets outside the trust become assets of the trust? If yes and everything else has been distributed (and this is the only asset remaining) then close the estate file a final return and file an intial return for the trust. This is how I would handle it until the heirs get their act together.

Have a client that died in 2010. Their assets were in trust. The bank has sold numerous stocks with significant gains. I plan to extend return assuming no basis allocation and pay the higher tax. Has anyone else come up with this and how have you handled it?