ILLMAS

Husband had health insurance for the whole year, wife didn't, to calculate the penalty, do I include wife's household income only or also include the husband? For some reason, I thought ATX picked up the appropriate income and we only had to include dependents income apart from the parents. Thanks MAS

Wow, have the same question too. '?do=embed' frameborder='0' data-embedContent>>

Are any of the meals business related? For example, bringing in doughnuts, coffee etc.... for the clients that cut the check? We always have bankers send us goodies to our office.

Sorry to hear of your loss. Marco

Sometimes folks use vehicles for personal use, looks like the TP used it about 40% for personal use.

Thanks I just wanted to make sure.

TP falls under this category: Exemptions from the payment If you didn’t have minimum essential coverage for all or part of 2014, you may qualify for an exemption from the penalty if any of the following apply to you. You’re uninsured for only 1 or 2 consecutive months of the year 1. Under shared responsibility, do I have check off the two months? If yes, I am getting a 16 penalty in this case. 2. Forgot shared responsibility and go to individual exemptions and check "B" short coverage gap? No penalty in this case. Your thoughts? Thanks MAS

There is this form, unfortunately I can't remember the form number, but basically you let the IRS know the account is not under the TP name but you are claiming it and letting them know.

Check for a printer driver update from Samsung first

I wanted to add this, but permission to edit my post was denied. http://mcgladrey.com/content/dam/mcgladrey/pdf_download/wc_final_proposed_tangible_property_regulations_qa.pdf

Does form 3115 have to be prepared if you are not making any of the following changes: The treatment of an asset from nondepreciable to depreciable or vice versa. Change to the depreciation method, recovery period or convention of a MACRS asset. Change from improperly expensing to capitalizing an asset. Or do you simply elect the Safe Habor and forget about form 3115? Thanks MAS

I am surprised no one has mention congress peeps.

Which one are you currently using?

Processing the Individual Shared Responsibility Payment (SRP) in Bankruptcy Cases---->>>>>>> http://www.irs.gov/pub/foia/ig/spder/SBSE-05-1214-0083%5B1%5D.pdf

How the $$$ makes the story look so different now, great job.

Ain't life a beach, great time to send this client packing, unless you don't mind getting paid a couple of years later.

I don't know which is worst for this poor man, his ex wife or the cockatoo? http://www.liveleak.com/ll_embed?f=cf677a022bd3

Ok I went ahead and claimed unfordable and the penalty disappeared, but my concern is that TP did not get health insurance not because he couldn't afford it, he could of went with medicaid, but because he didn't know he had to have it.

So many people are ditching the gym for running, unfortunately I can't do either.

The penalty is correct according to the worksheet, in this case it's a family of 3, one adult and two kids under 18, total penalty is $195.00, kids are elementary students and don't work, total income for the family is approx. $20K. MAS

I just want to make sure form is 8965 is correct, form came out blank, the worksheet is not part of the form somehow?

www.youtube.com/watch?v=yDqOxGK3J40

Is coffee your daily grind?

Hopefully this will bring a smile to most.

+1 on prayers for him and his family. And not to hijack this thread, but what ever happened to Jainen?