BulldogTom

By any chance did she take more than required from her IRA? Did she elect to treat his IRA as her own? If yes to both of these, she may be able to minimize the hit on the missed RMDs as the total of both IRAs is used to calculate the RMD for her for each year. For example, if her RMD was 10K, and his was 10K, but she took 15K each year (5K more than her RMD) she would only be required to pick up 5K for the year. Not sure if this helps, but something to look at. Tom Longview, TX

Be careful. The trustee needs to direct you on what to call a charitable contribution. These charities can sometimes have lawyers that go after pros who don't give them what they are supposed to get in the trust document. I heard Stanford is particularly aggressive. Tom Longview, TX

Distribution in my book Tom Longview, TX

Whatever the problem was, it appears to be cleared up. We made no changes to our returns, we just recreated and sent them and both have now accepted. Tom Longview, TX

Yeah, we started efiling first day and we have had about 6-7 go through. Then this came up yesterday. Tom Longview, TX

Nope. They are simple 540 W2 no itemized no credits. 1 had health insurance responsibility penalty.. Sent at the same time as the Federal which accepted with no issue. About 8 - 12 hours earlier we sent one just like it and accepted in about an hour. Not sure what changed in half a day. Tom Longview, tX

Yep or I assume yep. We allow it to update every time we open. There is nothing on the reject to say which form could be causing the problem. Tom Longview, TX

Contacted that worthless department and they said they don't know nothin'. But they sent us an email telling us the case is resolved, even though the issue still persists. Worthless, useless, on hold forever non-support group! I will go take a nap now. Before Judy kicks me off the board for bad language. Tom Longview, TX

Started getting this error yesterday. Calling support today but wondering if anyone else is getting it. Tom Longview, TX

I was leaning to amending. Thanks for the confirmation. I will wait until the amended return is processed and then amend. Tom Longview, TX

Wondering how long it will keep you authenticated? A day, a week, the rest of tax season, until you have to change your password? Tom Longview, TX

Client son filed 2024 return through HRB software. Found out it was wrong and filed an amended return through HRB software. Got another tax doc they forgot about and now need to correct again. If they filed an amended return, can I file regular 1040 and will it be considered a superseding return or do I need to amend the amended. This is a new one on me. Thanks Tom Longview, TX

CA cannot tax retirement income if the recipient is a non-resident. They lost that case a long time ago. If your client was a part year resident, that might be a different story. Remove the CA in the state box and delete the CA 540NR. Your client does not have a filing requirement. Tom Longview, TX

I suffer from auditophobia (I just made that up). I enter my sales from my accounting software and I enter the 1099s and I have a line item under my sales for "less 1099s received" as a negative number. It is only a couple extra key strokes but I can show that I have included any 1099s in my tax return if I am ever audited. Hey, I never want to have to ask one of you to represent me at audit and then have you think I don't keep good books and records. Tom Longview, TX

I got one as well from Block as expected and properly recording the CC sales. ATX 1099K form entry and linked to my Sch. C. Just like a 1099NEC, just a different form entry screen. The trick this year is to know if it is legit reportable income or personal in nature (like paying friends for personal expenses or selling stuff on eBay for a personal loss). Tom Longview, TX

If you are using ATX, you would enter the 1099K, assign it to other income, and at the top of Schedule 1 there is a box for amounts that are in error on the 1099K or for personal sales with losses. At least I think that is the wording. But in any case, enter the 1099K and then put the $1,300 in that box and it should go away. I have not had to do this yet so please let me know if it works as advertised. @jklcpa if this does work, you may want to pin the instructions for this year as it is new and I think we are going to see this question come up a lot during the tax season. Your call, just a thought. Tom Longview, TX

And now I am up and filing. Just a day or 2 later than normal efile start. Tom Longview, TX

CA forms are a little later than normal this year. I have a few returns stacking up for e-file waiting for forms approval. These are usually ready by the efile start date. I am thinking the fires in SoCal may have something to do with late CA forms, but you never know. Tom Longview, TX

Still get 1099s and W2s? Or is that going away as well? Tom Longview, TX

Yeah, me too. It is what makes Max worth the price. Tom Longview, TX

I would not worry about a single part year return. In Bindley quoted above, the rule is that the benefit of the work was received in CA. In your case, you could argue that the benefit of the work is received in OH, where your client sits at the time you deliver the work papers. If your client was in CA when you delivered the work, you would be subject to the rules above. At least that is how I read it. FYI, I have a lot of clients in CA and I apportion my income in the state and out of the state. Tom Longview, TX

I was thinking the same thing, but not being familiar with the process I wasn't sure if there would be a code or something that was emailed to the employer to authorize sending. Tom Longview, TX

How do you find this stuff? I skimmed the pages as well and I never saw anything. I suck at searching. You are the best, as always. Tom Longview, TX

If Florida taxpayer qualifies for extension until Oct 15 2024 of filing and making IRA contributions for 2023 return based on federally declared disaster, and before that due date, another disaster hit, does that Oct 2024 deadline for 2023 return get extended into 2025? This is a real taxpayer, but not my client. Taxpayer wants to make a 2023 IRA contribution and claim that they are still able to do so under the disaster declaration as their due date of the return was extended a second time. I know that they could have made the contribution up to Oct 2024, but I am not sure you can "Stack" those declarations. Tom Longview, TX

Shedding tears of sympathy for you is all I can do. I am not experiencing that. Tom Longview, TX