cathyan

Thanks, all. I will try writing to the company first. If that doesn't work, it's the 8275!

Client is a long-haul driver, has his own truck and trailer and mainly drives for one guy. I have all his breakdown sheets for the time he has driven for this guy. They are emailed to him, and in order, weekly, so I'm not missing any. Problem is, the 1099 he was sent is more than $10,000 what he was paid. Client says other drivers are complaining of the same thing, and the company will not change the 1099. What would be the best way for me to offset the difference? Somehow, I just don't think saying the 1099 is wrong is going to fly. I've been working with this client for a number of years, and he's not trying to cheat. He's actually almost too honest. If there is a question about a deduction, he won't take it. He's kind of upset about this. Any ideas?

I completed it, answering "very important" to all the questions. The last part - the percentage rating - is the only part you may have to think about a bit, but I'm glad they are asking for our input. Takes about 15 minutes, max.

Don, I just did a 2848, and for the ID, all they ask is representative designation and jurisdiction. No EA #, although I do think I remember that in past years.

Catherine, I had thouht about the 2007 extension, and I did file one for him that year! That was the year we were supposed to start getting him caught up. Where are you, Catherine? I think I'll need a vacation after finishing this one. I'll come help you. I started the garden maintenence because I enjoy gardening and thought "Why not get paid to pull weeds?" This is the 1st year, and I keep pretty busy at it.

OK, I'm brain-dead. I have a garden maintenence business in the off-season, so my brain is in with the flowers and bees right now. Question - 2008 is still a good year for filing for a refund, right? Old family friend just came in with 4 (4!!!) Notices of Deficiency for 2005, 2006, 2007 and 2008. He has a lawn and landscaping business, and has a lot of receipts for all years. Just hasn't bothered to file, has ignored all my warnings to get them done, has ignored all IRS letters until now. It's a good thing I have a LOT of trees that need serious trimming, or he couldn't afford me on this one!

Link: http://www.planetpdf.com/planetpdf/pdfs/seyboldseminars/ny02/irs_1864taxform.pdf

Mimi, This sounds like one where you need to get the paper trail of his moving to TX and then back. Did he own or rent in the KS arera? If he owned a house, did he sell it, or rent it out? Did his company give him moving expenses? When he came back from TX, he would have had to get an exemption from previous years Personal Property tax, and Real Estate tax (unless he rented out a house.) Be sure to have paperwork showing home purchase in TX. Voter registrations? Children in school, church? Texas auto insurance and registration. Correspondence from MO, all that you can get. Tax returns from TX years. Get a MO POA, and take it all to the nearest MoDoR office, and take it up with them in person.

Yes. In real estate, a lease with an option to buy means that when you are RENTER of a property that you have an opportunity to purchase the property at a later date. If a down payment is given at the beginning of the lease, it is non-refundable to the buyer, and income to the seller. Sometimes a portion of the monthly rent is allocated as future down payment.

Jainen is right. The U.S. Master Tax Guide defines qualifying child as son, daughter, brother, sister and steps and decendants of such, and further says the relationship test includes foster and adopted children. So if we drop the words foster and step, all the children are treated the same.

Yes, Terry. If the child lived with her, she can claim HOH. Kea, I wrote "Claiming a foster child of a descendant should work for HOH, IF the descendant was living in the household when the foster child was placed." as my opinion, and actually, in further reading (Kleinrock CCH 1040 Express Answers, p 1-9) the foster child would be a qualifying relative, not qualifying child.

Terry - Who did the children live with? For HOH "The taxpayer's household is the principal place of residence for the qualifying person for more than half the year." (Unless it isa parent you are claiming dependency for) If the children both lived with the mother, the husband should have filed single with dependent. Mother can claim HOH. Kea - I found "brother, sister, step-brother, step-sister, half-brother, half-sister, or a descendant of any such person." Claiming a foster child of a descendant should work for HOH, IF the descendant was living in the household when the foster child was placed.

They aren't doing the debt indicator any more, so he will most likely get a letter saying the refund has been applied to his outstanding debt. Even with a payment plan, they usually do that.

Yeah, that's what I ended up using. Thanks for the input.

OK, TRX basically has nothing for depreciatating breeding stock. What catagory would you use? I've had a few things that I've found hard to classify in TRX. I'm not really impressed with the Asset tracker in it.

Thanks! I think that did it.

I need some help getting rid of ASVG Secure Search, if anyone has encountered this. I don't know how it got on, but it is. I used to have a good virus removal, but simply can't remember the name. I had it on a flash drive, and when I went to go use it, my wonderful children had overwritten it with PICTURES!!! Can anyone help?

I, too, think I'm lovin' it. I just did a two state return, and was amazed at how easy it was. The more I use it, the easier it is. I do miss the forms input. It takes a bit longer to do the "Peek" to make sure everything is where it should be, and I liked the W-2 drop-down for employer names, but I think I'll stick with TRX as long as they offer TaxWorks. Another thing that annoyed me was that fully a third didn't make the conversion from ATX '09 to TRX '09 so That I could update to '10. But that was better than the year with Intellitax when no conversion worked.

A man put his assets in a family trust, and on his death, it was distributed to his heirs on a K1. $7800 in box 5 (other portfolio and nonbusiness income). Is this considered investment income to my client? Does it matter WHERE the money came from? If it not been put in a trust, and the kids just inheirited everything, would there still be investment income? I'm just getting into learning about estate planning, and this may be a drawback to trusts if the ones to inheirt are low-income. It seems to disqualify my client for EIC. Thanks for any input on this.

LOVE IT!!

I just had to do an amended also, and it did affect the state (more interst income). I checked to box for state changes, but it didn't do it. (I'm in Missouri.) It didn't matter what I tried - the state would not amend on an e-filed return. I tried on one that had not been e-filed, and it worked ok, but that is kind of useless to me. I, too, am liking this program the more I use it. (The state amendment is still probably something I'm not doing right!)

I've done several with 999999 code and have had no problem. I do override the "unable to classify" with a short description of what they do, not that it makes any difference for e-filing.

When I did finally talk to the daughter, she said she didn;t know what it was, either. She just put everything in Quickbooks, and let it do it's thing. This particular W-2 was a printout, but, yes, I should have looked at the back of another one.

I agree! I've never had such smooth e-filing with any program. Actually, I was rather prepared to dislike the whole program from TRX after the TaxWise year, but this one isn't bad at all. I'd rather be able to see my forms as I'm working in them, but this works. At a good price, too.

Thank you. I didn't know that. I looked in the pubs for W-2 codes and it wasn't listed anywhere.