Lion EA

https://www.irs.gov/e-file-providers/modernized-e-file-mef-internet-filing

An S-corporation would report all worldwide income on its Form 1120-S. (Tax-exempt income, such as a forgiven PPP loan, might appear as Other Income-Nontaxable and would appear as an M-2 adjustment.) If you need to know what a "Management Expense" deduction is, you can ask the corporation's tax representative or look at their management contract or invoices. The S-corporation owner(s) should be receiving reasonable compensation via payroll/Forms W-2. In addition, the owner(s) would receive Form K-1. And, they might be taking distributions.

If he can NOT be claimed by his parents in 2020, he qualifies for both RRC1 and RRC2.

Did you try what Abby said about creating a duplicate?

You have a compound issue. Can her son be her qualified dependent/qualified relative? Then can her filing status be HOH? And, can son claim his own dependency exemption? We need more information.

I've seen similar when a client purchased PTPs via his broker. He eventually receives the Forms K-1, but also had the "Other" reporting on his Consolidated 1099. In those cases, I report from the K-1 ONLY. I have NOT had it where the partnership was Canadian, though.

Did you enter both spouses' 2019 in your 2020 return?

One professional development course can cost over $250, and all my teacher clients took courses in how to teach remotely.

Have the student get you the bursar's statement to use, not Form 1098-T.

I don't know, but want you to research &/or wait for someone who's sure. I thought QIP was NOT exterior, interior only, not structural, no envelope, not even elevators, nonresidential.

Fact & circuses. Love that, Gail. I had a teacher add another line on her cell service at an extra $14.95/month so she could keep her personal # personal. My hubby had to buy Zoom, because the free version cuts off after 40 minutes. My NY/CT-ATP group paid $39.95/month for ClassMarker testing/certificate software for our on-demand tax courses. One of my older teachers had one phone line at home that included her computer (old-fashioned, I know) and had to add internet for the first time. I see all kinds of extra expenses for teaching remotely, especially software for specific subjects or projects that has no personal purpose. And, yes, those expenses will go away eventually. I'm canceling ClassMarker today, because NY/CT-ATP decided to stop on-demand classes this month and resume live classes (we hope) in September. Facts & circuses. Ask questions.

If you're computing EIC and ACTC on prior year EI, then you would expect both to match unless other things changed, such as # of children, wouldn't you? (I have only a couple clients with EIC, and they haven't sent their tax info yet.)

I had my hubby try. Didn't work. He hasn't received a code in the mail.

I'm not so great with computers, but here it is as a .pdf in case that works for you. Labels-IRS E-File use Avery 15695 FINAL.pdf

I've forgotten who did this, but I use them. Labels-IRS E-File use Avery 15695 FINAL.docx

The IRS is. Don't know about ATX.

Your schools must provide more than ours! My hubby bought paper to cover bulletin boards/walls, a three-year rotation of choral-related educational bulletin board displays, pencils/pens/erasers, music staff paper, spray cleaner/paper towels, lots of Kleenex, rolls of quarters to give kids public bus money to get to evening performances, green ties/scarves for performances (not counting the donations of white shirts and black slacks he'd solicit from teachers/staff/friends), various rewards such as coupons for ice cream at lunch, .MP3 and other audio aids, continuing education every year, etc. He got off easy. Other teachers bought bookcases, books, videos, notebooks, etc. I had one teacher who was buying underwear/socks for a couple of her students! I think the average for my teacher clients is about $1,250, so coming up with $250 is fast and easy.

If he took depreciation his first year with the truck, then he chose actual expenses and will continue that method for the life of that truck. Did the financial advisor give you a bit of a heads up on why his referral left his prior year preparer?

If you're worried, get any documents that exist for the end of the year: doctor, prescriptions, letter from clergy, letter from neighbors, is kid's name on dad's lease, internet log of kid attending school, boarding passes/passport stamps/plane tickets, local transportation such as train tickets, GPS records on kid's smartphone, any paper that provides a trail.

Never had a teacher who spent less than $1,000/year on her classroom. And, you could take computer, continuing ed, etc. Now add PPE, too. Some teachers have two classrooms now, one at school and one on the wall behind/table in front of them at home. Just take the expenses you're most comfortable with up to $250. I can't imagine you'll have to stretch your comfort level.

Has your family that is attending/hosting quarantined? Have you? Are any or all of you vaccinated? Is your family the kind that WILL wear masks, stay six feet apart, wash hands, not shout or sing, etc.? Are you close enough to Pittsburgh that you won't have to use a public restroom on your way? Close enough that you don't have to stay overnight? Do you know and trust whoever is handling the food? Is the venue large enough that you can move every 15 minutes to mix and mingle and not hang around one person too long? Will the event/some of the event take place outdoors? If you're asking, you probably shouldn't go!! (I haven't visited my granddaughters in PA since last Christmas.) Stay safe.

The installer doesn't get the credit unless the installer is the owner.

I they can NOT be claimed by someone else as a dependent in 2020, then they claim their own RRC. If they CAN be claimed as a dependent in 2020, then they do NOT qualify for the RRC.

There are scam letters out there trying to get people's bank info.

It's a loan when received and nontaxable income when forgiven.