Lion EA

The wild turkeys have repopulated in my town, too. When they gather with the deer in the road, maybe a dozen of each, you can't drive through.

Definitely a finalist for worst client.

I too think Eric is terrific!

Your client does not have to claim a dependent. You are doing nothing wrong. You cannot prepare her son's return with him claiming himself, however, knowing what you know.

If he has his W-2 and his bank statements, then the difference between his gross wages/# of payrolls and a deposit is the state/SS/federal w/h. You know the SS % and at his salary level you can probably determine his state w/h. I run into clients that say they had a lot more withheld, when that w/h they're remembering was SS.

Those sound fun. We can't call clients names to their faces, but we can let off some stress here!

:wall: Can I put him in a different program? I love him and need him in many situations!

Thank you, Cathy. Same result as Margaret. And, I have a new, really fast computer, so should not have delays in viewing a short movie. Is F5 the "refresh" key? Oh well, the rest were hilarious!

We're thinking about all of you on the west coast. And, my kids who left for their honeymoon in New Zealand the day the earthquake hit and are returning through Tahiti and LA in time for the tsunami. (They backpacked through Europe to arrive in Monaco for the king's death and the Vatican for the pope's death. I think Homeland Security might want to talk with them!) If you want prayers, you've got them from me. If you don't need to invoke God, I'll send warm, caring thoughts your way.

I think that means I need to get back to tax prep and off YouTube!

I am on FaceBook and can see all the videos except the Choice of Entity. It just has the trailer telling me to refresh my screen. Other than F5, how do I refresh? :scratch_head:

Now I'm hungry! :blush:

I'm expecting it. Using the SE health insurance on Schedule SE brought client down to zero, so software (ProSystem fx) did NOT include Schedule SE. I see a letter coming...

And watch out for December activity. You may need their January statement for the next year to see if they bought/sold. But, in general, if they liquidate their entire holding in a stock by year end, wash sales or not, you'll have the same bottom line.

I asked the same question on one of these threads someplace. Would love to view that one, but it never continues to the movie itself. Help!

"I have mailed in the G/L with an 8453" Exactly, get the detail into their hands however it works for you.

I tell clients how much money they will save in my fee if they (or their broker) provides their gain/loss statement in a form such as Excel that I can import into their return. And, when I finally try Scan & Flow on a paper G/L, I may discover that that works too. I have mailed in the G/L with an 8453, and I have typed everything in. But, I love to import Excel.

Thanks for the heads up on this. I have one on hold awaiting her corrected 1099-B, but she's repaying on a smaller amount than the full $7,500 due to income phase-out that year.

http://www.xtranormal.com/watch/7515137/

I haven't done any of these this season, so listen to the experienced preparers on this board. But, if you have two Forms 1099-A for two properties, I think you have two sales. The client no longer owns either property, right? He's "sold" them back to the bank? Now, you do not yet have COD.

No. And yes. You can use a short year ending 31 December for the first year and then calendar years, with a possible short year for the final. Or, you can use any fiscal year ending any month end that ends before a year from the DOD. So in your case, returns can end each 31 December or each 31 October. Can they end on any month except November? Not sure. But you do have some flexibility when you file that first return to pick a year that will help you time distributions, postponing them for instance, or giving you time to sell property or to close the estate in the fewest number of returns.

My software (ProSystem fx) adds a second page Opt Out form for the client to sign for me to keep with Form 8948 to cover my ___ saying neither I nor anyone in my company coerced them to sign!

Thank you very much, KC.

And, Zinc. Maybe the clients you don't like won't linger!

I can with ProSystem fx. There may be states that do not accept NR returns via e-file.