Catherine

Dunno about ATX, but Drake has a checkbox on the 1099-R form to EXCLUDE from regular reporting because it's reported on the 8915-E. Perhaps there is a similar checkbox/election/entry in ATX?

I searched goggle (sic) and the NYS tax dept and found nothing on that code. Obviously, it's one of those "if we tell you, we have to kill you" codes that no one knows. Put it in as "other" and you should be fine. Those are almost always informational only, anyway.

Yes, but subtract the annual gift exclusion amount, too. Father gave son $65,000 but $15,000 is the annual exclusion amount, so the reportable gift is $50,000.

Add in $1 of interest income, and see if that works. I run into this all the time with foreign-dwelling clients 100% of whose income is excluded with FEC. If there is no taxable income (before deductions) you cannot e-file. Add in that $1 of bank interest, not excluded under FEC - and bingo you can e-file. Very important tactic, especially for those clients living in countries where the mail service is nearly guaranteed to be pathetic at best. (Australia, most of South America, central/eastern Europe, some Asian countries - send a tax return in from there, by mail, and it's nearly 100% guaranteed never to arrive.)

This bit is key. Does she have emails to/from the new owners, expressing her surprise, or offering to help settle the affairs of the defunct company specifically making it a FREE help offer? Get those, and save them to pdfs, with the headers and date information etc, now. Then if/when a letter comes, that helps show it was an offer out of her goodness, and the money was an unexpected surprise.

I am 100% with you on the first and the third, but less so on the second. I have several friends who were only children, and I am "aunt" to those now-grown kids and refer to them as niece or nephew. It's a courtesy title. Interestingly enough, in centuries past, "niece" or "nephew" was used as a euphemism and familial acknowledgment for an outside-of-wedlock child. It was especially commonly used by members of the Catholic clergy, who were not allowed to marry.

Ah, but how many times have you heard the word "contumelious"?

I think I side with Dan; in some ways this is like winning a prize. Not expected, not predictable, no for-profit motive.

Withhold their Christmas and birthday presents until you are paid up!

It's actually part of the Constitution - in Article IV, where contracts set up in one state are enforceable if the person moves to another state. That's also why you can't skip out on selling your car, or alimony/child support payments by moving over state lines: continuity of contracts. It's also the tactic that was used to get same sex marriages accepted in all states.

I have one that I used to call Document Processing but have changed it this year to Staple Removal Fee. It starts at $25. I don't charge for stuff that came to them stapled (you can tell) but I do charge for stuff THEY stapled. Our letter specifically tells people NO STAPLES!

Sounds like more of the same bullcrap from last year, where they want the person to "prove their identity" for some unknown reason. Fraud - nah, that sails through with direct deposits right away! But, the same taxpayer, same ssn, same name, same address, same bank, refund roughly the same amount as prior years - now that is highly suspect and will be held up for months. Had one guy last year where we had to get the Taxpayer Advocate involved - he proved his identity, but the IRS employee he spoke with did not release the refund properly. Tell your client to watch like a hawk for a letter - it will have the phone number they'll need to call to prove themselves.

Me, too. Worse yet, I'm starting to get more than a little snippy with clients. Instead of just hiking their bills. Some are going to be really horrified to see their bills this year, and I'm gonna show them how much TIME I spent chasing their hindquarters to give me information. If they walk for next year, good bleeping riddance.

You should be able to just click on them and still download 'em.

I had a "helpful" client email me about this just yesterday - in case I had not heard. His bill just went UP.

We have people who take pictures with their phone cameras. Usually badly lit, creased, and out of focus. However, I've taken to recommending apps like "CamScanner" that takes that camera and makes it into a scanner. Mine gives a good, clear, IN FOCUS pdf (I tried, on purpose, to see how well it did). The folks who use that - well, we still get individual files of multi-page docs (most don't bother learning how to do a multipage pdf) but at least we can read them!

I agree with Lynn, sometimes it's just way easier and faster to stick a stamp on an envelope and shove the 7004 in. Mail and it's done. If you want fancy, you could include the EIN letter and the e-file rejection. But why bother? By the time they open the envelope it will be in the IRS database.

This might be more of a Drake KB or support question rather than a forum question here. Hard for us to know what, in their minds, the programmers were thinking about when they put "Toljed" in a drop down list. But there may well be a KB article. Or try the F1 key; some times that will bring up a more-detailed listing.

They have NO idea how lucky they were not to become YOUR casualty.

There are a LOT of big businesses out there that I would have thought insufficient in interest to sustain a small club!

More expensive every time I ask you for this.

I think it depends on the software. If memory serves, Abby Normal said he was able to get an e-file without the *&^% thing. But Drake (that I use) insists on that 1310. Which means mis-state (with appropriate attachments and disclosures), or paper-file. Problem these days is that any paper-filed return is going to sit for a half-year before it gets worked on. My client's is a 100% straightforward return that happens to have a sizable refund. As for Abby's other suggestion - to lowball estimates - is a good one *if* you can get the client to cooperate, and *if* you are not missing crucial information in figuring those ES payments. The IRS will take a balance due return regardless of who signs for the decedent, and they'll take payment by check or by debit from any source account that's valid.

Not possible unless you have access to Hermoine Granger's time-turner gadget. A good rule of thumb as clients get older, for sure.

Just posted from Massachusetts: (other info at mass dot gov / dor and then click on the FAQs section) Does Massachusetts allow a deduction for unemployment income? As a result of a recent state law change, taxpayers with household income not more than 200% of the federal poverty level may deduct up to $10,200 of unemployment benefits from their taxable income on their 2020 and 2021 tax returns for each eligible individual. Federal law allows a deduction of up to $10,200 if the taxpayer’s federal adjusted gross income is less than $150,000. Since the Massachusetts income threshold is different from the federal income threshold, some taxpayers may be eligible for a deduction on their federal tax return but not on their Massachusetts tax return. See chart below for income limits based on 200% of the federal poverty level. # Persons in the Family/Household 200% of the Federal Poverty Level 1 $25,520 2 $34,480 3 $43,440 4 $52,400 5 $61,360 6 $70,320 7 $79,280 8 $88,240 For families /households with more than 8 persons, add $8,960 for each additional person.

I certainly don't; nor do I know anyone who does. The American Philatelic Society does have a page listing locations of their clubs, which could be a useful source for your client. https://stamps.org/collect/clubs I did a search on New York and found 23 clubs across the state.