Lion EA

I haven't used ATX in years, either. But at the very least, you can attach a .pdf. There's probably a "return notes" feature that allows you to enter your own freeform note that's transmitted with the return. Or, maybe one of the boilerplate "elections" is close to what you need, or can be edited to meet your needs. Or, a "list" that will appear behind the K-1 or whatever form, schedule, or line you want to explain. Poke around all the menus to see what can work for you. Check back on Friday when all the regulars will be around.

That's how tired I am, reading too quickly. Sorry! The list of nontaxable grants is pretty short. Hopefully someone has a good link.

NYS does NOT tax forgiven PPP loans. It will be something like Other Income - Nontaxable Income on the balance sheet and an M2 adjustment in the Other adjustments account for federal purposes. IIRC. I had only one s-corp with an EIDL grant and forgiven PPP loan, but that one is in CT only.

Why not MFJ since your client is POA for spouse?

Listen to Possi who has a lot of military clients.

Tax Practice Pro has some current on-demand webinars. One by Kathy Morgan is on Superseding returns. https://taxpracticepro.teachable.com/

I hate those that took a withdrawal from their IRA to pay their balance due and then, of course, find out the hard way what that does to their income and taxes year and want to withdraw from their IRA again until I have The Talk with them.

You do get a lower interest rate with an installment agreement, or maybe it has to include direct debit to get the lower rate.

Yes

My memory is fried, but wasn't there someone going for confirmation who owed taxes and gave the TurboTax defense that he didn't know he had to pay SE tax as an embassy employee?! Not that that helps you figure out how to make it work in your software.

Include the reject...

I love how the IRS tells us to round to the nearest dollar, but the IRS doesn't round, it truncates. And, sometimes computes the pennies instead of either rounding or truncating. Then, our clients think we did something wrong!

Thank you, Eric and Judy!

The Federal Trade Commission FTC.gov also has a page on ID Theft. And, IRS.gov has a page on ID Theft. I highly recommend credit freezes.

I began with this board, actually the predecessor to this board, when I was at HRB and we used ATX for entity returns. I continued here when I went out on my own, but I ended up purchasing ProSystem fx. I knew these people, knew their expertise and helpfulness and humor. I learn a lot about tax law here and choose to stay.

No. You do not pay back the credit. You receive the credit. Form 941 is a reconciliation form. Your deposits are on the schedule determined by amounts, etc. If holding your deposits and reconciling on 941 doesn't get your full credit, then use 7200. If you already made deposits instead of holding them, use 7200. Read the instructions to 7200 and the revised 941. Form7200 is to keep more money in your business to pay those employees. You do not pay it back. It's not a loan; it's a credit.

I don't do payroll so really don't know. But it seems that the credit could be larger than current deposits or what will be reconciled on the next Form 941; that reconciling on 941 just means you don't owe with that form or owe penalties for not depositing on schedule. If you need the credit, you don't want to wait another three months or six or... I guess I can see using Form 7200 to get the credit refunded faster. Especially if you've been depositing with every payroll until you realized you were eligible for the credit and now need to get those deposits refunded. Maybe. I have only one client with employees, and he was using Paychex before he became my client. So, I have no reason to understand new payroll credits, except to remind my client to discuss them with Paychex. If you have clients with employees, I suggest you take a couple classes on ERC and the sick & family leave tax credits.

Whatever works to make it e-file and not sit with 30 million unprocessed returns. As long as you're comfortable that she is a Rep/can sign and receive refund, do whatever it takes not to paper file. (Like answering NO to the cryptocurrency question even though your client DID "...receive...otherwise acquire..." crypto.)

I don't know, but I think you're both correct. From memory, from classes, and from not-recent experiences, the injured spouse form gets her back her own withholding if due her as part of the joint refund. Gets her what would be hers if filing separately without having to use the less beneficial MFS tax rates. As a quick check, if your software does a down & dirty MFJ vs MFS comparison, look at her column and you'll probably see $0 after standard/itemized deductions, with all the credits in his column. As Gail said, she didn't support their children or pay the household expenses.

Are you saying they never lived anyplace other than NC?

Boo! Didn't Catherine have some success e-filing this, posted in a previous thread?

Try it with 2b blank.

If she was under 24 and was a full-time student for any part of five months, she's a dependent: https://www.irs.gov/help/ita/whom-may-i-claim-as-a-dependent The deal breaker can be the support test: did the child pay for more than half of her own support?

Oregon has their own licensing. Does your software give a choice, such as out-of-state preparer? Or, fewer than 10 returns? Or, does Oregon except EAs/CPAs/attorneys? Or,...?

I have a couple clients who come in every three years. Luckily, they came in prior to the pandemic, or else some of their returns would be sitting with millions of other returns. And, a woman who'd been out of the country, house broken into, severe illness, and eye surgery so she can see again now brought in some old years. I'm holding the ones that need paper filing. 29 million!