Lion EA

...2014 award date...

I think what you had is what I have. No code V, though. (C, D, W, DD, as usual for this client) They appear to be in her W-2 Box 1, I'm guessing due to the fact that Xerox calculated tax on her FMV and withheld enough shares to withhold that tax. The shares withheld, they do NOT count as sold? Yes, not vested until 2017 from a 2014 award date. Released shares at Vesting, and withheld enough for taxes. Plus a few dollars more -- anything to be done with her Residual Balance? Two groups vested last year, but less than $15,000. So, she's already being taxed as ordinary compensation. No other adjustments need to make re either AMT nor Schedule D, right? Thank you, Judy. I have a couple clients with RSUs, but the Xerox reporting seems to be more cumbersome to wade through. [Sorry, Chrome stopped responding while I was trying to edit, so two replies.]

I think what you had is what I have. No code V, though. (C, D, W, DD, as usual for this client) They appear to be in her W-2 Box 1, I'm guessing due to the fact that Xerox calculated tax on her FMV and withheld enough shares to withhold that tax. So, she's already being taxed as ordinary compensation., No other adjustments need to make re either AMT nor Schedule D, right? Thank you, Judy.

Xerox Performance Stock Shares. Awarded 2014 and released 2017. Taxable compensation ~$7,000. Not sold; however, quantity withheld to pay taxes ~$2,500. Does any of this get added for AMT? No 1099-B, but does any of this get reported on Schedule D?

...contribution, possibly deductible, possibly not, possibly excess... Why oh why don't they call us before trashing their retirement savings?!

Tag Team Tax Services, LLC

In my software, 999999 prints as VARIOUS. I almost always have the real sold date. I use the real sold and acquired dates when I have them. If I'm missing acquired, then it's 999999, marking L if true. In the rare case without real sales date, it's 123117, marking L or S if needed.

Yep, Ohio, New York, a few more that I don't remember until I get the diagnostic! FDNY, I do work late instead of getting up early. I seem to get more time without emails popping up or hubby sitting down in my office, and the phone is not ringing (even though I let it go to voicemail during the day, if it's not a client I need to talk to/get info from). And, when I email a client for more info, they do see it when they get up; so I usually have a reply by the time I get up.

Yeah, here I am with not one of the five family returns complete; although, I have emailed them for DL info and a couple of other questions. One of them moved to Utah! I never met anyone who lived in Utah. Is there anything I should know about Utah? But, I have heard from two that I emailed yesterday. A couple of kids with kiddie tax, but I don't prepare parents' returns. Dad emailed me info tonight. Then mentioned his son received a 1099-MISC for opening a bank account, $50 deposit from the bank. Darn. Is that Line 21? Haven't had that before. And an couple who confirmed bank accounts, but will send me DL info tomorrow! I'm trying to work faster, but I'm getting answers slower, like pulling teeth. And, when someone faxes their NY DL, those teeny, tiny DCN are unreadable; so I have to email them to type out the numbers for me. I hope these DLs are doing some good, because they're a real pain to deal with. Rant over. Will try to flesh out the five returns before I sleep. At least the phone isn't ringing and almost no one is emailing me now. If hubby stays out of my office, I'll be good.

I've done Amazing Grace/Fill My Cup with Appalachia Service Project. (Yes, I know how to pronounce Apple At Cha.) You'll have to sing Amazing Grace/My Chains are Gone for me.

Different software, but mine has columns alongside the federal where I can allocate to states or simply check the 100% box for NJ.

Amen! That's how you do Holy Week!

Hubby thinks he called in last Wednesday. But, his order doesn't show up on our charge card yet. Is it in progress? When is the expected shipping date. Hubby is getting anxious to try your cheeses.

The big ones I have now take at least 45 minutes to print and shove into folders to look presentable. To meet RIch's goal, I'd spend 22.5 hours just printing and have only an hour and a half to prepare returns each day, with no spare time to eat, sleep, go to the bathroom, return emails (seldom answer the phone), add paper to the printer, change the toner, attend the out-of-state funeral I had Saturday, go to Easter Sunday service, oh and I guess I'd better shower for that and get dressed, etc. I would love to get through five today, because they're all one family (two trusts for sons set up by grandparents with mom as trustee, two working sons with multiple states, and joint return for parents with multiple states, lots of investments on all five). I'll go close to 11:59 on the 17th, then have my hip replaced &/or spinal surgery (doctors arguing over why I'm in pain), and then dig into extensions. Thank you all for being here and sharing your knowledge and humor.

I'm also the one that proofreads, prints, assembles, mails, efiles, scans, files, uploads, downloads, answers the phone, etc.

Those are two reasons why I printed the thread AND gave it to hubby. Luckily, hubby is semi-retired so is willing to do things for me during tax season! But, I'm pretty sure he understood that HE also will benefit from some newfound tasty cheeses.

I had a client who moved in 2016 from CT to CA, so I didn't work with 2017 forms. But, for 2016, we used CA (540NR) California Adjustments - Nonresidents or Part-Year Residents to adjust her interest, dividends and capital gains, as well as wages, refunds, and pension. We started with column A Federal Amounts, B Subtractions, C additions, D Total Using CA Law, and E CA amounts. See if 2017 is similar.

Showed hubby this thread, and he ordered all three of your cheeses Friday (Thursday? Days are running together). We do Friday night dinners as finger foods with a couple of different cheeses, smoked salmon, celery & dip, that type of thing. So, we love finding new cheeses. Looking forward to receiving our order!

I don't have any clients with one W-2. Well, unless they also have a Schedule C and a few K-1s and sold their vacation home in NY. Even those college kids have multiple W-2s from multiple states. I do almost no returns with clients sitting at my desk. Prepared a couple returns for two cousins yesterday who always want to be here, because they drive a long way. And, one little old man early every season. Used to have a gal who brought me lunch; we'd eat and then prepare her return and then have dessert, but she moved to CA. I'll prepare her return next week; then we'll have a phone conference.

Even when I was at a Block Premium office, only four a day was usual. Maybe eight near deadline, but that would be finishing up returns begun earlier and awaiting info. I think I completed ten one day. Just got the partnerships and S-corps and a couple extensions completed the 15th. Those businesses break my stride, slow me down. Now I have to pick up speed. Working on two TN siblings with kiddie tax, so waiting on parents' info. Seems like everyone sold a house this year, or their teenager was a ref for sports for cash or had multiple part-time jobs, or they sold some of their PTP units, or changed jobs to a new state (the college student dependent on CT parents, working at school in MA, and summer job in NYC), or moved to a new state.

In ASP we sang an Amazing Grace/Fill My Cup mashup...

Did the employer plan later in the year include an HSA/HDHP? Otherwise, IRA. Final try, MFS.

Pull transcripts.

When I was a single mom with a young son, I discovered that it was cheaper to take vacation time when my son had school breaks and take us both to DisneyWorld (airfare from CT/NY and onsite hotel and meals and...) than to pay all-day daycare. We did that about every other year (couldn't always get time off work) over his winter or spring break or long Thanksgiving weekend. Both of us had fun. And, it didn't cost me any more than if we were home and I was at work. Of course, it meant planning ahead to get the best deals, but it was worth it !!

Raise their price $40 and give them a $20 discount.