Booger

After spending about a month comparing ATX to Drake (cost, ease of use, support) I'm making the switch. Won't go into a lot of detail here, but after using Drake to prepare all extended returns I was sold. Hardest thing to get used to is not seeing the particular form that you are working on.

Booger

Thank You for all of the responses.

Can an 1120-H be e-filed? If so, then what type of 8879 needs to be prepared, and does ATX support this type of e filing?

Booger

Jack, I have to agree with Janitor Bob on this issue. IF the school district return had to have its own acknowledgement, then we would see

a third box to check when we efile. We use Drake and ATX in my office, and Drake doesn't have a separate ack for the school district either.

I believe Karen doesn't know what she's talking about. After all, she works for the state.

Booger

My wife and I share our home with 2 cats--one pure black (Shadow) and one pure white (Snowball). Snowball is the lap cat...she will jump on your lap

whenever she feels like it. Shadow is about twice the size of Snowball, but Snowball always gets the best of Shadow when they are wrestling.

Booger

JB, is Crazy Mary still jumping in the courthouse fountain?

Inquiring minds want to know.

Booger

Thanks for your responses.

Booger

Another tax preparer friend of mine uses Drake. On the tax return itself, Drake will print "Statement #" on the appropriate tax return line

whenever there is a supporting schedule used to support the amount on that particular line. Can I do the same using ATX, and if so, how do I

get it done?

Booger

Thanks, OldJack. Have a great and profitable New Year!!

Booger

OldJack, I know that. What I was asking is how do you input the amount of loss allowed on the SHAREHOLDER'S K-1 input sheet in ATX? Do you input only the allowed loss on line 1 of the K-1 input sheet?

Booger

An S Corp shareholder's loss from the K-1 is going to be limited by his basis in 2010. Don't know the exact amount yet. I'm

trying to figure out how to input the K-1 info so that the deductible amount of the loss flows correctly to page 2 of the Schedule E. This is NOT a passive activity. Do I input the deductible loss on line 1 of the K-1 input sheet, or is there another input space on the K-1 input sheet for the nondeductible portion of the loss? I have looked at the K-1 input sheet fairly closely, but could not find an appropriate space.

Thanks in advance.

Booger

I too would like to wish everyone on this board a successful tax season.

Booger

Pacun,

This response is totally wrong about Phil Medlin. He has been very gracious in giving answers on this board to many of us. I completely understand why he would ask to be e-mailed directly on a board he does not support. While "Booger" may be OK with having his account information put on this board, I would think it is unproffesional of Medlin to oblige him.

And then after "dissing" him on this board, you have the gall to ask for a discount?

Wow!

You should appologize to one of the very good people in the industry who is on our board. He is a wealth of knowledge and has always shared freely with this community. Medlin accounting is a company that ATX could learn about customer support from.

I'm not saying anything, I'm just saying.....

Tom

Lodi, CA

All I asked for was an update regarding when we can expect to receive the 2011 software. I ASSUMED that there were others on this board that were

waiting for the software as well. Where did I put my account info on this board, Tom?

Booger

When can we expect to receive the 2011 payroll software? My Credit Card was charged about a week ago for the cost, but I haven't received the

software.

Just Curious

Booger

Yes, don't forget to vote. The country you save may be your own.

Yankee Doodle Booger

Don't think you can go through the registration process until 09/15.

Booger

Thanks for your replies, Tom and Catherine.

Booger

Thanks Deb & JohnH for your responses. I bought "The Missing Manual" for quickbooks---glad I did. It's been a big help in learning

the general ins and outs of the program.

Booger

Good afternoon, everybody. I must admit that I'm a novice when it comes to quickbooks. I bought the quickbooks Pro 2010 edition for my own

company's use. When I'm preparing an invoice for a client, how do I tell quickbooks what income acount number to post the credit to? For example,

if the invoice is for tax prep, and the "Income Tax Preparation" income account number is 410, how can I make sure that the invoice amount ends

up in that particular account?

TIA,

Booger

Well, I'm in the middle of purchasing an existing accounting/tax practice that will reduce my daily commute

by 40 miles. The loan's been approved, now I'm working on the info list that the bank needs in order to close.

Should be done with the transaction around September 15th. Looking forward to being my own boss.

Booger

I'm in the process of doing what Margaret has already done. The only paper in each client file is the signed

8879. Now I'll be able to get rid of the file cabinets in the office.

Booger

Thanks, Margaret.

Booger

Good morning, everybody. I would like to keep a SCANNED (pdf) copy of the signed 8879's, instead of the

originally signed 8879's. Does anybody know if the IRS will accept the pdf version if they come calling?

Booger

Good morning, everybody. Had a conversation with a friend this past weekend. He asked me if employers had to

start including the cost of employer-sponsored health coverage as income on employees W-2's beginning in 2011.

I told him that I believe that this is incorrect.

Any input?

Thanks,

Booger

Thanks for your response, Gene.