grandmabee

its a government pension. Our state also give a big deduction for government pension.

Maybe I'm not thinking here but if you have an RMD and then you roller over part of it. First if not an internal transfer aig did it correct. you show on line a and b the correct taxable. But how can they.... oh I see they took more than the RMD thats how they could roll some over.

ok I just sent you a dummy return

1099 b should only incuded actural sales not unrealized gains or losses. You might be looking at the yr statement not 1099B

yes I do put OR tax paid on line 12 and the bottom of the form shows the tax credit ..It just doesn't flow to the form page. The only income the AZ return has is sch D. I don't know it that makes a difference

They can't claim daughter. How can the husband file single?

No Oregon will not allow it. we pay all to oregon then take credit on AZ but can't figure out how to do it.

partnerhip with 2 partners who rent the house together. they have a separte room for office. This is the only place. they have a truck that sells merchanidse that goes to business to business. Should I have the partnership deduct office expense thru a reimbursement or just use UPE on each partners 1040. If I have the 1065 claim the deduction them would the partners have to claim rent income. ....its late and I'm not thinking real well right now. time to go home

no I do all three. you have to open the end

I use scissors to cut open all three sides.

No they full year residents of Oregon but had some bare land in AZ that they sold this year. Oregon taxes them on all income and AZ will tax them on the land sale. So I should get a credit for double tax. AZ instuctions say oregon can use the tax credit.

any help from state of AZ I am using the form 309 for other state tax paid on same income. the 309 fills out correctly but I can not get it to flow to the AZ 140NR line 30 I put the credit number in as 309 but no credit goes on line. I must be missing a check box or something. But can't find and don't want to override. any help would be appreciated

remember it has not been update since 2004

no filing penalty is 5% per month max at 25% but if over 60 day minium penalty is 100 or 100% of tax in your case it would be 100. plus late paying penalty and interest.

What is included in the "buy out cost" is this the inventory? or supplies? We need detail on what you consider "buy out COst"

that's just dumb.... have you talked to support yet. thats not acceptable during tax season. so far only one of my returns did that. I finally gave up and re entered the depreciation. that's the only thing I lost on roll over. I could not do that for every return.

I did that and its still gone I saved it and renamed it and rolled it over. it shows up in 07 just not when I roll over

yes, he would have to sign the forms if he didn't efile. so he can sign the 8879

today for the first time when I rollover a return the asset form is in the return but its BLANK none of the items rolled over. I went back and looked in the 2007 return and they were there. So duplicated the return and rolled it over too and still no assets coming forward. Anyone else find this. my program is up to date. I update every day.

Bonus go on W-2's You shouldn't let your client talk you into doing 1099's. I would correct w-2 and on next paycheck subtract the fica that the employee owes. which means you also have to correct 941, state, all reports. But hopefully it happened in only one quarter.

I have a 2006 loss. on the 2006 return we elected to carryforward. Now we are doing 2007 return and also a loss. they did not bring in timely to file 2007 just now. Can I elected to carryforward the loss from 2007. Or does it have to be on timely filed return.( yes, ) so then I have to carryback 2007 loss to 2005 and then carryforward to 2006 and then carry both to 2008 what a mess I am having problems with the NOL worksheet. any help would be appreciated

they were sold and purchase new. goes on D need basis

Does anyone ever hear from William??

When yoiu e-file a 7004 extension for 1120S do you need to have signature. I know when we paper file the 7004 no signature.

What about the books. You can deduct them from scholarship before you figure what scholarship is taxable. Books don't count on tuition credits or deduction but do count for scholarships