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About JohnH

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    ATX Supreme Guru

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  1. Thanks for posting that. I'm a committed Drake user, not at the office today, and was wondering how it works in Drake. I frequently get logged off when I turn to do something else and then find myself signing back in, but it isn't a problem. And I like the idea of another level of security. I'll probably set it up on Monday.
  2. JohnH


    Glad to see this discussion. My software (Drake), displayed the 1040-SR for the first client it applied to. I just didn't see any reason for using it, so I flipped the global switch to ignore the 1040-SR when applicable. Still don't know why anyone would use it unless perhaps they are filling it out by hand.
  3. Max: If she asks you why you are there, you should respond "You tell me." If she then replies "You're here to ask about IRS reclassification of IC's", please tell us what she said next.
  4. This theft discussion reminds me of the response I give when a client turns "prepper" and asks me whether they should buy gold in preparation for a total economic collapse. My answer is always the same. "In the scenario you're anticipating, the only metal that will make any significant difference is lead."
  5. Bart, this person thinks you person may have a good password idea there (just being extra careful here).
  6. True, data is data. But I've never seen a scratch wipe out 10 years of paper data. On the other hand, the password protection for paper data is seriously deficient.
  7. It hasn't always been this way, but at this stage in my life.... for $12 an hour, I'd just as soon take the time off.
  8. He offers "up to" $12 an hour for an experienced EA and then accuses you of not having a work ethic? I assume that caused you to laugh even louder.
  9. There's some excellent advice on this thread. Situations involving lawyers tend to be very lucrative for the lawyer and very costly for the tax preparer.
  10. How about an audit reconsideration? We've discussed it before but I'm not sure whether or not it applies here - just throwing it into the mix.
  11. Sounds like a rock-solid plan to me.
  12. Thanks Max. Another valid point. If it came to that, I'd seriously rather pay the $72 out of my own pocket than to burn off a lot of time trying to chase down a misapplied $6,000 refund.
  13. Thanks for the additional responses Judy & grandmabee. I'm still pondering how to handle this, given the amount involved. It's now clearly a matter of switching names IF we request that the overpayment be applied to 2018. But if I switch names and they STILL don't apply the $6,000 correctly, the client is going to be asking me every other day if I've corrected it yet. (Good client, but I know how they react when things don't go according to plan.) On the other hand, if we file as usual and claim a refund, it's just a matter of IRS processing the return normally, sending a refund, the client cashing the check, and then making the Jan 15, 2020 payment on time. This more-or-less takes it out of my hands and puts the responsibility back on the client (and IRS). If there's a delay, It isn't due to anything I did or did not do.
  14. Sorry, I wasn't clear on the first post. We did submit current-year estimates (Apr, Jun, & Sep) in her name & under her SS# only. So she is covered there. The only issue is making sure the $6K refund on the 2018 return is credited to her SS#. Thanks for validating the idea to switch the names & SS#s on the 2018 return. That's what we are going to do, although there will still be some lingering uncertainty since it will be a paper-filed return.
  15. Husband died in late 2018. We extended 2018 return to Oct 15, 2019. The 2018 MFJ return shows the husband as the primary taxpayer and the wife second, as has been the case for the last 30+ years. Wife is self-employed and routinely pays quarterly estimated tax in the $K - $6K range per quarter. The 2018 MFJ return shows a $6K refund which she wants to apply to her 2019 estimated tax in lieu of the Jan 2020 payment. However, since the 2019 return will be filed as Single under her SS# only, I'm thinking this may cause a problem. Solution would be to either claim a refund on the 2018 return (risking a partial estimated tax penalty for 2019), or to switch the names around to show the wife as the primary taxpayer on the 2018 return and still apply the refund to 2019 estimated tax. FIrst time I've run into this particular scenario. Has anyone encountered a similar situation or have any suggestions on best practice here?
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