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B. Jani

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  1. Thanks Ken for bringing this to attention. I will check my filed returns for possible problem.
  2. New York State tax treatment of unemployment compensation The federal American Rescue Plan Act of 2021 includes a provision that allows certain individuals to exclude up to $10,200 of unemployment compensation received in 2020 from federal gross income. New York State personal income tax is decoupled from this federal provision and any unemployment compensation that is excluded from federal gross income must be added back when filing your New York State return. Form IT-558, New York State Adjustments due to Decoupling from the IRC, has been updated to report this add-back as adjustment code A-011. I have not filed my 2020 New York State return yet. What do I need to do? If you file using software, the software should already account for this update and add back the unemployment compensation excluded from federal gross income. If you do not file using software, make sure to add back the federal unemployment compensation exclusion on Form IT-558. I already filed my 2020 New York State return. Should I file an amended return? If you did not add back unemployment compensation that was excluded from your federal gross income, then you must file an amended return with New York State. If you did not exclude unemployment compensation from your federal gross income, do not file an amended return with New York State. To view the correction to Form IT-558-I, visit: Personal income tax up-to-date information for 2020 (Articles 22 and 30) For more information, visit: Tax Department response to novel coronavirus (COVID-19) New York State tax implications of recent federal COVID relief
  3. I am surprise to find out check mark within client info form for treaty. I was working on 1040 NR for student from India. On client info page, found a check mark with the code and when I click on it, it flow correctly to 1040 NR. Just check for your country if it pop up. I do know that US has treaty with India but looking for place to put on tax return.
  4. ATX already fixed NY 558 worksheet with code 011 to add back Unemployment and flows to 201 to modified AGI. You can file until NY make any decision.
  5. Sincere condolences !
  6. Sorry, I misunderstood. I thought you asking for windows tool bar. ATX do not have it.
  7. At the end, there is a upword arrow like ____ ^ ___ will collapse icons.
  8. My older client ask the same question about direct deposit. I ask them do you get SS check or direct deposit. and most of them do have direct deposit so no problem there.
  9. Leave the 1st tab "allow program to decide" instead of changing it. If you create Efile with " will be Efiled", file will be locked. Hope this helps.
  10. You are correct that it was revert to pre-18 rules. so no more trust tax rate. as far as forms, probably they not updated yet.
  11. I have new computer with windows 10 and 16 ram. i do not have problem opening 2 returns at the same time.
  12. Congratulations to newly wed and parents !!!
  13. I will remove the attachment and Efile the return. If accepted, i will mail the attachment. Will not hurt. My 2 cents.
  14. I am confused. When you do "Credit Freeze", the only disadvantage is you cannot open new account or increase credit limit until you unfreeze it . It has nothing to do with purchasing with your CC if that is what you mean. I have credit freeze on all 3, but i am using all my CC as normal.
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