Lion EA

The last check box on Form 8453 is exactly what the OP wants. This year it refers to Form 8949 instead of to Schedule D. Of course you can mail it in as the cover for the broker statements, as always -- that's what it's designed for.

And, you can't take care of state withholdings on a federal Schedule H, so you have quarterly employer filings with her state and annual SUTA and any other employer requirements. And, send the W-2 to the state with the state version of W-3.

OK, keep them but raise their price. A lot. And, tell all your nice clients you are taking new clients.

Can't tell you the procedure for ATX, but do you already have the Form 1310 (is that the number?) included? Does that trigger what you need? Or maybe on a taxpayer info sheet...

Yes, if it covered all qualified education costs.

I have mapped just the description field (leaving out the # of shares) and other times I have merged those two fields while still in the spreadsheet before importing. ProSystem fx lets me map what I want, and it ignores what I don't map. You could always delete columns you don't need if ATX must use all the columns in your spreadsheet (save the original spreadsheet first). But, this year, with the additional codes needed to adjust wash sales and for other purposes, I may be mailing a lot more broker statements with Form 8453 rather than figure out now when the big statements are arriving how to work with them on the new Forms 8949. I really have to learn how to use Scan & Flow which is supposed to take .pdf files and import, but no time now (maybe use it on returns on extension). My price keeps increasing for Schedule D and Forms 8949.

Kicking out a bad client makes room for two more good ones, ones you don't have to spend all that time explaining what they did to shoot themselves in the foot.

Dear Client, Yes, I know you have dyslexia and write out everything in great detail for yourself. And, I do appreciate your adding up all your income and expenses for me. But, please just send me your adding machine tape with your documents. Do NOT bother copying everything over for me on pretty cover sheets, as you transpose digits -- as you well know -- so I have to readd all your receipts anyway.

Dear Client, If you had not reused an old envelope, taping it shut with clear packing tape and taping all the pages along their long sides to the inside of the envelope, I might be able to read the account numbers, after separating the pages from the envelope, from each other, and cleaning my envelope opener from all the tape. I know your lawyer is charging a higher hourly rate than I do, so maybe you'll appreciate the price I charge you for your return with all those pages of trades. "I am preparing my mom's estate taxes with my lawyer and I am missing a 1099 from Bank of America. Could you check the Bank of America 1099(s) I included with the stuff I sent you and let me know which account(s) I sent you?"

My divorce didn't take three years, only about two. But, the idiot judge allowed my ex to live in this house all that time and for two months after the divorce was final !! I no longer believe in divorce. I do believe in murder.

Is one member buying the other members' interests? Or, is the partnership buying back the interest from members? The former would be a Schedule D transaction on the returns of the departing members. The latter would be a Form 1065 transaction. Depending on the percentages involved, the partnership may have dissolved if more than 50% of its interest changed hands, I think. I did only one of these, and it was years ago.

When I switched to ProSystem fx and was having support talk me through my first efile, they told me to use Export & Hold. I asked why I shouldn't just export it for immediate efile. They told me it gave me one more time to catch it, even though more steps. Yes, I then log into the efile software and choose which files to release. It has saved me from filing amendments! I have not been holding the states until after the federal is accepted. Reading some of the discussions here, I might want to start that practice.

NAEA has a group plan through Calsurance or some such designed for EAs. I saved over my previous company by switching.

That 80-year-old can get free CPE via IRS Teleforums on his telephone, no computer needed. And, if he doesn't use tax prep software, he does NOT have to efile, so won't spend $1,000s on new equipment. He really needs to embrace change, though, to work with the constanly changing tax code to help his clients pay the least legal tax and plan for the coming year too.

Dear Client, No, finding out today that you're leaving on vacation will not make me complete your returns this afternoon. It's already 5 p.m. Considering you booked your flights and hotel ages ago, why didn't you mention this when you dropped off your materials?! And, you definitely will NOT have your refund by tonight.

I don't know what's required. I have seen letters with explanations arrive via snail mail, obviously some days after the direct deposit.

Do they provide services to the renters? Do they rent with annual leases or for short-term? How short?

I gave up sleep for Lent. Or, maybe, that was for tax season!

NY doesn't mail out any longer. Have to go to their web site: https://www8.tax.ny.gov/PIGI/pigiHome

Thanx. This is my after corporations project !!

You can keep him around if he has other redeeming qualities, but don't spend too much time with him during tax season!

Thanx. She found her statement. About $8,000 loss. (Dad didn't do as well in this account.) So, should I fax Schedule D with CP letter voucher, and that'll get her federal refund? I'll amend for the states (NY & CT) after tax season.

That makes sense. Hoping she might have a loss carry forward, as I haven't prepared her 2011 yet. But, her dad invested for her and usually did a great job, so probably a net gain -- and a check.

So, client uploads IRS letter (2010) to my portal. How did she forget she sold $44,000 of securities?! She was unemployed, so $44,000 would matter. By the way, do I just fax IRS a Schedule D, or amend her 2010 return (and amend from what I have in my software or amend from what IRS now says it is with additional $44,000 gross) or...? IRS gave a 4 April deadline! (Yes, I already have her getting her Form 1099-B and gain/loss statement from her broker for 2010.)

I think you're right, Tom. Drinks BEFORE tax preparation! (Preparers, too?!)