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GERALD

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Everything posted by GERALD

  1. In my younger days, I think I worked for all of those people!!!!!!
  2. Where are BettySue and Jerome when we need expert advise for beauty shop operators? If you don't remember Betty Sue, you are relatively new to ATX!
  3. Same here. I have mine, most of the clients do not!!
  4. From your question, I'm not sure if you mean working for a presidential campaign committe, or working at an election site. It's taxable either way. If it is working at the polls, it goes on line 21, other income. Do the bunny hop and on the list of other income, you will find "precinct election board duty".
  5. Yes, attach a copy of both. Gerald
  6. Margaret is correct. Kentucky does not accept e-filed returns for part year residents. This is pointed out in their electronic filing handbook. Gerald
  7. I feel pretty sure Kentucky will join this list. They are facing a big deficit for 6-30 year end, and they have done this in the past. If they do hold them, they will probably be paid July 1, because I believe they have to pay interest after that. Gerald
  8. I also received 7, including one dated January 13 that was a reply to an inquiry that I was assured would be answered in 24 hours. Naturally, I had to call and get the info on the 15th and they couldn't understand why I had not received the e-mail !
  9. You and Don are certainly in my prayers. I had the old GB out in May 07, laproscopic, out patient, laid around a couple of days and that was pretty much it. However, I know Don has other health issues which probably make any type of surgery a more serious situation than for someone in relatively good health. God Bless, and keep us posted. Gerald
  10. KC, I've been away and just read your news. You and your husband are in my prayers. I have been on both sides of the prayer fence (praying for and prayed for) and do know that prayer works. Nancy and I are also into our 46th year and I really pray for his full recovery so the two of you can enjoy some of the best years of life. Gerald
  11. You can take the full 179 deduction if he has other earned income, ie w-2 income, in excess 0f that amount.
  12. I always use the negative approach. I like for 1009's to match, so I list what they show, then create an entry saying, "less reported by Estate of ABC, Fed ID#xx- " I've never had any problem with that. Gerald
  13. Is this a 1040 only program, or does it include corp., fiduciary, etc.? Any idea on how to get demo ? Gerald
  14. I just filed and got an EIN for a household employer within the last hour and had no problem. Gerald
  15. An old sage once observed that the light at the end of the tunnel might be the headlight of a train!!!
  16. My wife is grinning from ear to ear. Even tho we are Kentuckians, she is a huge Pat Summit/Lady Vols fan.
  17. Lydia, have a good " off " season. I will be heading in your general direction, probably on the 15th. Spending a couple of days visiting son and family at Mt Juliet (just east of Nashville), then on down I-65 to parts yet undetermined. St. George Island area probably.
  18. NO, NO, NO!!!!! NINE days and 15 hours. April 16 is national "Hair of the dog that bit you" day!!!!!
  19. Joint Tenants With Right of Survivorship. You really need to talk to the attorney and see what is going on. Don't count on them to automatically do a 1041. Many don't touch them. If one was prepared for 2007, there should be a K-1, or he may be electing a fiscal year, or determined a 1041 is not necessary. You need to find out. Nomineeing- two ways. Prepare a 1099 from son to mother(yes it would be late), or report 1099 income on son's return (probably 4835) and under other deductions list " less reported on return of ABC, SSN xxx-xx-xxxx". 1041 necessary? You have to know what assets, if any, are still in the estate, and what income, if any, they are generating. Gerald
  20. When did she die, and when was the income received? Were they JTWROS? If so, the farm and the right to income passed to the son at DOD, except for income earned prior to her death. Depending on dates and circumstances, a 1041 may be required as well. If it was reported to him in error, then you could nominee it out to her return.
  21. I agree with jklcpa. I only file returns when there is a need to. As far as notifying the government, the funeral director notifies SSA before the body is cold!!!
  22. Well, I don't see how it could be much plainer than what it says right on the 1310 under WHO MUST FILE. Quoting, in part, " must file 1310, UNLESS, either of the following applies.........You are a peronal representative,......and a court certificate showing your appointment is attached to the return." As I said before I usually do the 1310 anyway, because clients seem to understand better.
  23. No, you don't, but a copy of the court appointment as executrix must be attached. I generally attach them anyway, since they are not that big of a deal.
  24. KC is absolutely right. Proceed with caution! My favorite ploy is to ask to see their business plan showing when and how they intend for the business to show a profit. Besides the two KC mentioned, this has helped dissuade, or turn away breeders of "fighting chickens" ( even tho actually fighting them is illegal), breeders of tropical fish, and more dirt track car racers than I can remember.
  25. I have also been locked out all season and really don't care. Don't even try anymore. I think when they start calling about renewals, I'll tell them I don't give out my CC info over the phone, and since I can't get into my account , we have a problem!! Of course they will provide a link in their barrage of e-mails, but somehow they mysteriously disappear from my inbox. Eric, let us know when we can re-up to help support this board. Gerald
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