Booger

Isn't this great. You're right, they are ahead of last year. Booger

I'm not an attorney, but I play one on TV. Booger

You Mass people should call 1-800-ASK-POPE. Booger

Cyn, this question seems to come up every year. Under MyATX, go to knowledge base. Do a search there and you should find the answer. Booger

I think just PRINTING and MAILING the 1099's is alot easier, if the quantity of 1099's allows you to do so. Booger

Roy, I guess I DO HAVE one more comment on this issue. First, I looked at the site you referred MJG CPA to. Gee, it would be NICE to have the time to theorize about Section 179's applicability to rental property, but you know as well as I do that client's complain too much already about our fees....and I'm not about to waste my personal time doing $$$ worth of research when the savings to the client are less. The real world tells us that if it takes $100 to save $50, you don't do it. Booger, CPA

NO. They call me "MR. BOOGER" Booger

Roy, I called the POPE at 1-800-ASK-POPE. He said that if I called him again, He would have me excommunicated. Funny, I'm not even Catholic. Booger

I am SO HAPPY that this return is now available. (I have HAPPY FEET). Booger

A. Didn't manufacture/produce the property; AND B. The term of the lease(s) was MORE than 50% of the property's class life. I'm DONE with this topic. Booger

My wife told me that I will get it when I get home (hope she meant the book!!). Booger

How about "Did I leave the stove on?" Booger

JB, what I enjoy is the Hula Dancer that pops up on my screen while I'm waiting for the Returns to print. Booger

"These requirements will NOT be met if the lessor holds the property for lease" Therfore, (Unfortunately) the IRS was correct. Booger

NO THANKS, I already handled it. Booger

Thanks, Sue. I own a Steel Service Center in Columbus (my "real job"), and we used to purchase steel from Northwestern. Hope your husband was able to find new employment. Booger

RoydaleOne, Client who rents personal property as an active business activity was denied Section 179 treatment by the IRS on the equipment purchased for rent to third parties. Couldn't get the IRS to budge on this point. Booger

JB, tell Lenny that there is a new invention out there....................it's called SOAP. Booger

Sue, I cannot answer YOUR question, but I have one for you. Wasn't Northwestern Steel & Wire located in Sterling? If so, did they close the business or were they bought out by someone else? Booger

MJG, I believe that if it's RENTAL property, NOTHING qualifies for Section 179. Booger

Tom, Why? They can get PEOPLE. Booger

Seriously, Chrisby, I would report the wife's amount on a Scedule F for her, then "nominee" it over to her husband's Schedule F. The IRS will be looking for her amount reported under her SS number; this would be a way to show it under her SS number (Sorry for my BAD JOKE). Booger

I "plow" into the clients info, then I "harvest" the numbers that I need to prepare the return. "Combining" all this together is how I prepare a farmer's tax return. Booger

I'd like to help you, but I don't know how to type the number in Pakastani. Booger

I saw Lenny give it to Crazy Mary. Booger