Catherine

I got a state acceptance just now, but anything I sent Federal is holding at "Transmitted to Agency".

Thank you for posting this, KC!

With absolutely NO aspersions to OldJack's wife.... It's Sunday morning service at the neighborhood church. All of a sudden, the front doors swing open with a big bolt of thunder and the Devil descends upon the congregation. Everyone starts screaming and running away. All, except for a little, old man, who sits in his pew as if nothing is happening. The devil walks over to him and asks: "Old Man, are you blind or something?" "Nope, I can see just fine", says the old man. "Well, do you know who I am?" the devil asks. "Yup, I sure do", says the old man. "Then why aren't you afraid and running away like the rest of them?" "You don't scare me!" continues the old man. "I've been married to your sister for the last 50 years!"

They made such a big stink about the due changing to match the corporation due dates so that folks would get their K-1's in time to file individual returns. I guess the detail about that only applying to extensions was the piece I missed. Catherine

I didn't mean to terrify/horrify people.... I was just really confused all of a sudden. Sorry for the scare, folks. Trying to work through a combination nap attack/headache today, and not thinking clearly. :(

OK; extensions only. That makes me feel better. So I was right _and_ I was wrong. Not for the first time! Catherine

When you say "Mass insurance letter" do you mean the 1099-HC, or some other letter? If you fill out a Mass Form 1, without that 1099-HC you lose the personal exemption. I'd hold on to that one, too, just to be safe. Catherine

Well, lbb, y'know, it depends. (Don't hurt me!)

Hear, hear!!

Hi all -- Didn't they change the due dates for Partnership returns to 3/15 this year, so that folks could then get their K-1's in time to do their individual returns? If so, then why is ATX trying to tell me that this partnership return I just finished isn't due until 4/15? Or have I just gone completely round the twist? (Always possible.) TIA, Catherine

You lucked out; I had just battled one of these about three days ago and it was all still fresh. Glad I could assist! Catherine

MA is _extremely_ reluctant to believe that people are no longer residents. Moving those bank account mailing addresses is very important. Also make sure that your client no longer has a MA driver's license, and that he registers to vote in the new location. A copy of his lease (or house purchase documents?) with the date clearly shown is also a good idea to keep on hand. We get this all the time with folks who move out of state; MA will try to dun former residents as residents. There are pages and pages of forms to go through if they try to go after this guy. Email me off-list or through the forum if they try to cause trouble for your client and I'll walk you through it. Catherine

IT-203 plus the IT-2 (W-2 summary for e-file). On the IT-203 the federal amount goes in the left column and the NY taxable amount in the right column. Tax is figured on entire amount, then apportioned by percentage of NY income. Does that help? Catherine

Hallelujah! They have saved my bacon more than once (like this forum, only different).

Good quote; I have The Tax Book as well and will have to look that one up and have it carved on stone tablets or something.

I had some folks who were told (or at least, understood from the "adviser") that their mutual fund exchange was tax-free. Well, the _interest_ was tax-exempt muni bonds, but selling one fund and then buying another was most certainly NOT. They weren't too happy, either. Catherine

It's soooo good to know that returns are not due on Sunday; I was really worried about that. And Booger dear, I still love you, too. Catherine

Thinking. That's the key word. Very few people actually do it at all. And very few of those who attempt it can do it clearly, concisely, or logically. That's why. Catherine

It's also more compressed this year. All those late 1099's from investment houses delayed my early birds significantly. So the "lull" (relatively speaking) between the early birds and the later-comers was about an hour and a half this year. Last year it was about three days; I got a lot of crap cleared away to make room for smoother operations on the second onslaught. Not this year; it's pile on stack on heap. It'll be fun to excavate starting 16 April. Catherine

We're in the FAFSA boat this year, too. And they want preliminary information by mid-February, so I also get a slew of early draft returns every year. However, for years I've done as Tom does -- our return first, as a test of/acclimation to the software before the season gets underway. Catherine

Anyone else run into this? Or am I the lucky one? I just got a letter from the IRS on our own taxes. They claim they adjusted the recovery rebate credit amount because AGI exceeded $150K. But their own figures on the letter show that the AGI is less than $150K. For a client, I would send a letter and include a copy of their letter with the under-$150K amount highlighted, plus a copy of the recovery rebate credit worksheet, and politely request that they fix their error and pay the remaining credit amount forthwith. But if others have seen this and the IRS is catching their own mistakes, perhaps I should hold off a bit. Comments? Thanks, Catherine

Thanks (yet again) KC. I may do that. Catherine

Then I guess it has to wait for a version that doesn't say "DRAFT". Thanks. In all the "e-file anything that moves!" pressure, sometimes I forget there are still things that are paper only.

But can the 1045 be e-filed yet? The screen _still_ says "DRAFT" all over it.

Right in plain sight is _always_ the best place to hide. Used to hide the kids' Christmas presents right in the living room -- under the mending. They never, ever noticed. I've found time and again that if I ask _where_ to find something, it then jumps _out_ of hiding at me. But not until I post the question!