grandmabee

you can change the amount to paid as zero without overriding the entry. then lock and efile. the 4868 doesn't do anything else to the return when you finish working on it. The only thing that carries over to the 1040 is the amount paid but if you change to the correct amount paid you are ok to lock and e-file. plus you don't want all zero's unless that is the case. leave the W/H or estimates made on it. I don't send an extension with all zero's unless true. I would over estimate on liability .

I have filed late 1099's for the past 3 years for some client who won't bring them in on time. we have never received an penalty from IRS . I guess the day will come when they start enforcing the rule and charge the penalty

Do you enter it the same way as a regular w-2 ? and Can I still e-file? thanks

No Mine is slower than ever. Right now I have a return trying to rollover for 10 minutes. I don't know how to stop and start over. So I am waiting

so are the drugs people get in Canada also deductible? Prescriptions is what I mean

I do the same thing. I go thru and count then realize I can't get 10 done a day with the ones left and I start sorting who's going on extension. Which some of those take just as long to figure out what they need to pay for the 4868

How can an IRA be in a joint name?

it is from the union and that is where I put it. I just didn't want to miss anything if it was social security but after reading I decided to put on 21

You weren't supposed to create a new one if he office was from prior yr. I don't know why mine has a line thru this post. Maybe a sign its time to go home. I have been working on one return all day long

Client receives a Social Security Supplementation benefit from the union on a 1099 misc. in box 3 other income with federal withholding. Is this treated like regular social security for line 20a or does it go on line 21 with it all being taxable? anyone have this before? thanks

you would take the carryover loss on the Schedule E in year of sale

you can also go online. most of these have websites with all the K-1 details and Instruction. Usually a flow chart. Just Google the name of the partnership.

but if you are leaving the equipment and inventory there. it is included in the sale. You have no say over what the new owner does with the stuff. Seller and buyer agrees on break down of sale price because it does need to be disclosed on tax returns.... form 8949

I still have the lagging time when I am entering information. I am seriously thinking of dumping ATX next year. I am tried of waiting for them to get their stuff together.

it won't go to D but it will show on page two of the 8949 for long term sale with codes so loss or gain won't transfer to D. gain or loss column is zero

I have a client who is AZ resident and they are below the filing requirement but if I file out the return they get 50.00 refund for excise tax credit. Is this correct? or Am I missing something thanks

IRS is down for maintenance longer today than normal

I don't do that and I have never got one rejected for all ready being sent. I never un check the box.

If you are the seller and had to break down the sell price which would you want the higher price go to. Assets: Equipment, Bld. Land Goodwill Convent not to compete I would like some second opinions please.

Yesterday I started having problems with my returns rolled over. I would choose 1 0r 2 returns checked to be rolled over then I see where is says rolling over 4 Sure enough more returns that I did not mark are rolling over. It only rolls over ones that I already rolled over and they are listed as copy1 copy 2 copy 3. One return rolled over 4 times. I have double checked to make sure none are checked to be rolled over. I am using the check to sort for returns not rolled over. its a pain to have to delete the extra returns and I wonder what is making it do it.

small amount of money that is probably what I would do. But does she and the bank know that POA is done at time of death? right way would be estate return because over 600 dollars requires return.

No its not. was way better last year but I guess they made the change so you could use the safe harbor rule.

that is what I was having a problem with too. On the OIH worksheet (new this year) line 1a have to be zero for it to work. Line two is normal and 1b is same as line 2 then it will give you the correct %. line 4 and 5 are the hours for daycare.

thanks, found it.

How do you get the form 8889 to be for spouse. I have box 12b check W with a amount on W-2. But the 8889 only list the taxpayer name and number and I do have the W-2 marked as spouse. thanks