Chrisbry

No date of birth in the copy of the file. You can't get a DL in Nebraska with just a SS#. Certified form of identification is required. I haven't heard back from him. He did contact his bank and they have a watch put on his account for any unauthorized use. It's very easy these days to go out & buy blank checks, print them with QB, and get away with it. I know, I've BTDT with a client that it happened to a few years ago. I caught it right away in the next month and only 6 checks got thru. The bank was NOT paying any attention to the fact that the MICR numbers were not printed with the correct ink.

In reference to this thread: http://www.atxcommunity.com/index.php?show...amp;#entry12685 I worked really hard to get all the disbursements done in the first 65 days of 2008 so it could be treated as disbursed in 2007. I was all set to close the checking account for the Trust and now will need to keep it open to disburse the rebate to the 6 beneficiaries. I have already filed the Trust/Estate return as final. What does this rebate do? Should I close the account anyways and personally disburse the money? I'm wondering if that would be in violation of the Trust documents? I am Trustee and Executor.

But no income coming from the deceased taxpayers who are benefiting from the rebate. For instance, in my situation, my father passed away in 2007. He qualifies for the $300 rebate. He does not have to file a return for 2008. As a result, I have to keep the Trust account open until we receive this rebate so that I can disperse $50 to each beneficiaries. Ok, that opens up a new question. I'll start a new thread.

Now that has to be about the most insane thing I have ever heard -- issuing rebates to taxpayers who died in 2007. I wonder how many nights sleep was lost before they came up with that one. How many people died in the U.S. in 2007? One site said roughly 2.4 MILLION. Even if just HALF qualify, take that times a minimum of $300 -- Those rebates are going to cost taxpayers over $350 million!

I have a "not too bright" client. He signed the Form 8879 and left with his copies of the returns. He went to the store, left the packet laying on the front seat in an unlocked car. He has no clue as to whether it was stolen or he lost it. Ok -- now in this packet is his SS#, Address, phone number, and bank account information. I told him to alert his bank (DO NOT CLOSE ACCOUNT UNTIL REFUND IS RECEIVED) and the Credit Reporting Agencies. I have had NO experience in Identity theft -- only in prevention (safeguarding data). Any other suggestions? Should he alert the SSA? IRS?

David, I posted this on another thread about UPE's: A work around if the UPE's are for nonpassive income -- net it out on the SE Worksheet and eliminate the Line 5 entry. And make sure you S/E tax is calculating correctly.

There is a bug in the program with the UPE. Not that ATX has found it nor do I have time to spend an hour trying to tell them where the error is. The error message has to do with the UPE carrying to the SE Tax worksheet. The UPE I have is NOT for SE Income -- Rental Real Estate (Passive Income). Therefore, the program was incorrectly calculating the SE tax and deducting these expenses from his Schedule C income. I deleted the amount from the SE worksheet and it created the efile just fine.

I doubt the returns have been doubled filed. Have you ever tried to double file on purpose by accident? The second one will come back with a REJECT that a return with that ID has already been filed. I think ATX is sending DUPLICATE ACK's -- not the IRS. I've gotten probably 3 or 4 ACK's on several 941's and 940's -- All ATX's doing.

I told you I knew the answer. Thanks for confirming.

Situation: Husband & Wife in a Rental Real Estate Partnership; Sold a rental property (owned by the Partnership) 1099-S has been issued in husband's SS# (obviously they didn't ask me before they filled out the W-9 information at closing) Report it on their 1040 with nominee to the Partnership? Or just put the 1099-S on the Partnership Form 4797? I'm pretty sure I know the answer to this, it's just that Monday was a rough "brain" day and I haven't had enough coffee this morning.

I have checked a couple of my balance due returns and even though you input the bank information, if there is a balance due, it will NOT print the information on the return. If you look at the section, it says REFUND. You could try handwriting the information in, but I'm wondering if the IRS will take that into consideration on a paper filed balance due return.

I'd send her on over to Dancing Uncle Sam down the street. I don't need those headaches this time of year for a $50-$100 return. I have more important things to do (like going to Cancun in 21 days).

Not to mention it saves me time now and later -- no letters from IRS due to their "input" errors. Wasn't there something that the IRS was going to require everyone to e-file by the year 2010? Or was that wishful thinking on the IRS' part?

4 more 940's to go. 1041's, 1120's -- still waiting. Patiently.

Automatic Paper check in about 4-6 weeks.

I've got mine thru a local agency (insured with Philadelphia Indemnity Ins). $1,000 deductible per claim, $500,000 per incident and it's retroactive for 3 years. I pay $365 a year. I'm also a small practice (less than 100 tax returns).

I got those messages AFTER I updated. It was very sporadic all thru the day.

Diane, in order to e-file the corporate extensions, I believe Form 1120 has to be on your Efin application. If you are set up with E-services you can go in and change that.

????? And this one from the website:

Margaret, at least they are being consistent on their "IRS has problems", "a batch just came in", blah blah blah. I was told the balance of the 940 ACK's would post yesterday afternoon or last night. I only got ONE 941 back -- one that I had received in early February! They have assured me that they all have been efiled and accepted. We shall see.

Deb, Are you registered with E-Services on the IRS site? Have you tried requesting the information thru them? So far, I've had great success with other issues going thru E-Services (since you have a POA on file, it should allow you access to this taxpayer's records.) http://www.irs.gov/taxpros/article/0,,id=109646,00.html

When I first told ATX that, they told me they had just as many people switching from Drake & ProSeries to ATX. I'll bet those people are smacking themselves upside the head.

Good luck. I'm still trying to get the IRS to process the THIRD submission (since May of 2007) of an Amended 2005 940-Ez. They keep loosing it. The Taxpayer Advocate is my next option -- after tax season when I have time to deal with it again.

What is this supposed to mean? Most of us have had clients for 20-30-or even more years. They don't stay with us because we're fun! Well, maybe some do. :D

Not necessarily "ouch". Were there expenses in association with the sale of the asset? {ie closing costs etc} Those can be deemed as necessary administrative expenses in the sale of the asset. Remember the basis in the asset is the FMV on D.O.D. There should not be significant gain (or loss).