Ray in Ohio

So I call a business 2 miles down the road. The guy I want to talk to about his tax return is in a meeting. Lady who answers the phone asks if she may take a message for him. I tell her to have him call me when he's available. She asks for my number and STUPID old me, I did not include the area code. I just give her my seven digit number which has the SAME PREFIX that they have. AND SHE HAS THE BALLS TO ASK ME IF THAT IS IN 330 (area code). I WANTED TO SCREAM INTO THE FRIKKIN PHONE: NO ........... WE ARE 2 MILES AWAY FROM EACH OTHER...... HOW COULD WE EVER BE IN THE SAME AREA CODE????????? DUH!!!!!!!!!!!! MAYBE HAVING THE SAME PREFIX WOULD BE YOUR FIRST HINT THAT WE ARE IN THE SAME AREA CODE!!!!!!! Come on people...... it's not that hard to use your brains a little bit! (ok I feel better now)

a black rotten frickin banana

Now I'm dealing with a preparer who is giving the Amish the add'l ctc, they are getting refunds, That is whats bad about the situation. The IRS actually sends out the refunds as if they would qualify for it. Some clients question why they send the refunds if they dont qualify for it. So, I try to explain it to them, but I know some of them still question if I know what I am talking about it. At least I know I am doing it right.

I am in the middle of Ohio's amish country and I do lots and lots of returns for 4029 Exempt clients. SE income that is exempt from SE tax is NOT qualifying income for EIC and Additional CTC. ATX does calculate the credits correctly when you check the box that TP is 4029 exempt. That was one big reason why I went with ATX in the first place. Now, with all that said. There are preparers in this area that also give these clients both credits and for the most part the IRS processes them and sends them the refunds. It seems the computers at the IRS do not do the calculations and catch that the income is not qualifying income. Try explaining the above to a client when he says "my brother filed somewhere else and he got the big refunds". I usually tell them that the IRS can and probably will be asking for this portion of the refund back with penalty and interest. Hope this makes sense, but Jen, I think you are correct in the way you're thinking. Please let me know if I can help in anyway.

I have always ordered my toner cartridges at either Quill or Office Max etc. They keep sending out special offers and when a good one comes along, I stock up. Are the above mentioned places considerably cheaper than the large office supply stores? I have one HP 1200 and three HP P2105 printers.

How would I be able to determine that? I have a system on transmitting efiles, and I don't see how I could have transmitted it twice. But with the "duplicated" status, I just assumed that I had transmitted it twice.

I have a "Duplicated Return" status on one on my transmitted 1040EZ tax returns. I am assuming I transmitted it twice unintentionally. The Ack for this file actually says "duplicated" as of 2/09/09. The client has not received his refund yet. What do I need to do with this? I have never had this happen before and couldn't find any resources regarding this matter. Thanks in advance for any ideas.

I heard that birthdays are healthy. "The more you have, the longer you live"

HOLY COW!!!!!!!! Now that IS a lifesaver! Thanks for the alert!!

"you have to eat, anyway." isn't that just a bad habit? (or aren't ALL things that are fun and make you feel good a bad thing?)

If he filed married joint for 07, then the $1500 rebate check they recieved jointly is split among the two spouses. If he files as single or HOH for 08, one half of the $1500 rebate is considered received by him. So he would qualify for additional credit of he can claim the three kids again this year.

Did you enter the amount they actually received on line 28 of the worksheet?

Wouldn't/shouldn't the person just wait to claim the credit till on the 2009 return?

Linda... So lets get a mental image of his 2009 W2...$7000.00 in wages... $13.00 Fed withholding. If that is what you are saying, I think you are correct in your example above. He would get a $413.00 refund. (key words here are.. "I think")

the plans are: $400.00 less withholding from paychecks in 2009. $400.00 Credit on 2009 tax return. Net refund/balance due should be same as before this whole mess started. (Note that I said... "plans are". Now if it'll only work out that way)

I have sent numerous e-files with schedule C's and have not had this happen to my knowledge. I will keep my eyes open for it though. If it happens, I know I will be very frustrated. (I hate explaining things like that to clients.)

ping....I just had a brain flash. This partnership is not required to complete the schedules L - M. etc. So I wont have to worry about balancing the books etc.

hhhmmmmmm....... thanks for all the attempts at solving my puzzling problem. Maybe I will have to look into this efax thing. Thanks again. (ok, back to work now) :dunno:

I faxed an important document to a client. I CLEARLY told him not to lose it, as that was the only copy I had. Guess what........ he went and lost it!!!!!!! Can you possibly retrieve a copy of a transmitted fax from the fax machine?

Good answer Margaret. I also see no reason why not to report it, if a person is so inclined. (other than the time and fee) but fees are good for us!!

My question is..... Do you have to report this?? I have never really encountered this. Off the top of my head, I cant think of a reason you would have to. (But, the top of my head might be a bit murky this time of the year.)

It seems weird to actually have "taxable income" but it results in zero tax. But that is actually how it looks on 1040 page 2, and it can be correct that way if all of the "taxable income" is long term CG and the taxpayer is in the 10% - 15% tax bracket.

on the partnership tax return page 5, reconciling items from book income to tax income[/i uh-oh... I hadn't thought of that. And just how would you do that? what would you list it as? where? and then also ... why??

Thank you Jack, I agree with your thinking in your first two paragraphs. It is very unusual for a partnership to use the standard mileage rate. Which is probably why I have never run into this before. In this situation, the vehicle was purchased by the partnership and is strictly 100% used for business. It is not suitable for personal use. Due to the favorable deduction by using the standard rate, the taxpayer is definately inclined to use that. I had read the reference in "the taxbook" which had similar language as in your message, but still no definate answer. Any other ideas??? (to make things worse... this client is one of "those" that knows enough about taxes to make it miserable for the preparer) ("he should have just done it himself"... but he'd rather have me do it, as long as he can tell me how) :-<

I have a partnership (new) that wants to use the standard mileage rate deduction for a partnership owned vehicle that is used 100% for business. I do not see where that deduction can be taken on the partnership return (1065). The tests are all met for using the standard rate if a sole prop. etc. Is a partnership not allowed to use the standard mileage rate? If it is... .where is the deduction made? I thought about calculating the deduction manually and entering it on "Line 20 - other deductions" as "Auto & Truck Expenses". I Wasn't sure if this would fly or not. Anybody have any experience or reference in this. I can not find anything relating to this in any of my reference books. (BTW ... the taxpayer is determined to use the standard rate vs actual expenses)