ldreyna

tHANKS

Thanks-this is a Roth IRA and the beneficiary received a distribution on 1099R.

A t/p received a 1099-R code T. Said it was because she was the beneficiary. The person who owned the IRA was her half-brother who passed away. T/p didn't even know about it. Amount on line 1, total distribution, taxable amount not calculated. I was thinking that since this was "inherited" that it would be nontaxable. When I fill out the 1099R on the program, the amount distributed shows up on line 15b on the 1040(taxable). Am I wrong in thinking it is non-taxable? I read in "the Taxbook" that inherited Roth IRA is not taxable. Maybe I am understanding something wrong. Can anyone clear me up in this situation? Thanks

Thanks, everyone

After reading a lot to study for the RTPT, I have since had this question about a taxpayer's return. They are unmarried but live together and share the mortgage and property taxes. What % each pays, I dont know yet. 1.Q: Could they file "single." Each filing their own returns. Q: Since both are named on the mortgage and both are named on the property taxes, could any one of them itemize using the whole amount, or are the mortgage and the prop. taxes share equally (each can only deduct 50%). Any suggestions would be appreciated. Looked in pub 555, only talkes about married people, not unmarried. Thanks, Larry

If I,m correct--ATX took out the function to unprotect a foirm.

That worked!! (at least for this one return Ive been trying to work with). I will hope it works for other new returns as I prepare practice returns then get ready for Jan 17!!. Thanks

My question is not about backup vs restore. Has anyone do0ne a backup to flash drive on this 2011TY? Ifr the return successfully backed up to the flash drive, what steps did you do? This is how I tried it: completed a return (2011TY) closed return, on the rtn mamager went to return>backup/restore in the backup box chose destination as F: (where my flash drive is) clicked on start it said backup complete after close closed ATX program when I go to my computer>F: to check and see if it saved, the icon of the return is there but when I click on it to open the file, it opens up the ATX program from 2009, NOT ATX2011ty and the return is not (shouldn't be there anyway) I might have to give up and call customer service. Thanks

yes Ive done the backup/restore to my F: drive (flash drive), and Ive tried to export the return to the F: drive. The backup way saves a file that opens the 2009 TY program, the export way saves a file that opens up the 2010 TY program. Ive done the backup to flash drive for years and never have had problems. What am I doing wrong (or is it the software?) Thanks

when I choose backup/restore from the return menu and I choose to backup to a flash drive, it is saving (something) to an ATX 2010 program instead of an ATX 2011 return. Why cant I save to flash drive? I click on the return icon after it supposedly saved it, and it opens up the 2010 program NOT THE 2011 return. What am I doing wrong? Can anyone help?

I use v. 10, but not on this program. I use it basically for word processing. It will enter your speech where do I have your cursor. You would need to make sure your cursor is in the right spot or field. Larry

Thanks

But, do theyHAVE to file MFJ or in this situation, can they choose from both "singe" and MFJ?

A couple living together in Texas, have mortgage and land under both names, each file single since they are not married. Does this mean that they can choose "single" or "MFJ"? Texas is a community prop. state, so if they are considered as common-law married, do they have to file as "MFJ" or since they are not legally married, can they each file "single"? In my 16yrs of doing i.t. I really never thought about it till now when someone asked. Does anyone have any suggestions? Thanks, Larry

Thanks