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Doesn't the K-1 input sheet have a place for this? That is, prior year info if this is your first year for the client. If this client is a continuing client, doesn't that info rollover?

I am aware that I am doing way too much work. This has never happened to me before. I am doing what I have to in order to make it work and get this tax year over with. I know that you are all correct, but I cannot handle any more frustration with my assistant and getting this to work correctly. I filed several (including my own) yesterday and have no outstanding issues. Thank you all for your attempts to help me. We had way too many extensions and my resolve is to cut back next year barring another health crisis. Thanks again.

Thanks Lion. I have provided him with the Direct Pay website. I hope he knows how to use it.

Send him to IRS's Direct Pay immediately. He gets an instant confirmation of payment. You can calculate his P&I to pay, or he can wait for the IRS letter with P&I.

I arranged for "Bob" to pay his tax liability ($3000) with a bank draft to occur on 04/15. Didn't happen. Bob says all that happened was a $30 charge from the credit union for a disallowed check. Here's why (I think). On such planned withdrawals, Drakes asks us to designate "checking" or "savings." I indicated checking, as the taxpayer did not indicate any other preference. "Bob" says he put $3000 in savings for the IRS to take. When confronted with a draft, most banks/creditunions will transfer the money to checking so long as there are funds in savings to cover. This credit union did not. These are the facts. My question now is "What should the taxpayer do to pay the IRS?" Will there be a collection letter forthcoming? Will the IRS try again? If so, when?? "Bob" is waiting for me to tell him what to do. To be honest, I don't know.

@mcb39I am with @Abby Normal on this. You are doing way too much work. I have extensions every year and I have no issue with efiling the extension and then working on the return and when I have everything, efiling the return. Something is not working for you the way ATX works for me...... Tom Longview, TX

That should not be necessary.

Partnership losses are carried forward on the Individual Partner's 1040 return on Page 2 of the Schedule E. You always have to keep in mind that Partnerships do not pay taxes; profits or losses are passed through to the individual partners. My husband has carry forward Partnership losses for the second year in a row. His loss wipes out my tax liability but, unfortunately, does not wipe out my SE Tax.

When I filed, I did not click on the 1040 or the State return; only the 4868. I have found, as I stated before, that I now import the finished return as a copy; rename it "Client Name 2" and then file it separately from the previously filed 4868. These are working out and all going through. My belief is that no work should be done on the return before the 4868 is filed. That seems to be where we made our mistake. I am taking all of your suggestions to heart and using my workaround and hope that I survive this tax season; which is the worst that I have ever experienced.

Because they are separate efiles that can both be filed. You can file 4868 and then 1040, or vice versa. You can't amend a 4868.

I'm confused by this. How is it possible for the ATX program to allow the 4868 and the 1040 to be filed at the same time? Extensions I file are because I am missing data and the input has estimated amounts in it about 99% of the time. Will these returns require amending now?

I just found out that the two efiles that were rejected did, indeed, go through with the extension filing. Clients can see the refunds pending in their accounts. I am putting it all behind me and moving on. Everyone who has an extension will get a copy of their return created before it gets efiled.

You can't create the 4868 efile unless you check either the lock amounts box or the set all amounts to zero box.

I am sure you checked this, but did you "lock" the 4868 before you filed it? I still wouldn't have thought it would matter once the file was actually accepted.

Maybe ATX accidentally sent a batch of 4868s twice? I didn't file my 4868s on the 15th. I always do them at least a week early. I would just delete the rejected acks.

All of the above, believe me. I even went into my ATX and looked at the efile record. Some returns were marked as accepted on the 15th and rejected on the 20th. The 15th should only have been the 4868. I am not stupid enough to check Federal and State for the efile when I know that the return is not complete. My take on this whole thing is not to file for an extension if ANY of the information has been entered into the return unless you create a copy of the finished return to efile. End of story. Maybe I am losing my mind.

I find it takes just a few minutes, and you have to receive acks to update it.

Thanks everyone. I went to ATX customer support site and checked client's efile status - one of the ACK's listed was the Form 4868 showing accepted on 4/11/25. If I understand the rehang process - if I click on it then in about 20 minutes the ACK will show back on my computer - is this correct?

Do you have Efile status box at the bottom of your Return Manager screen? If not, change your settings to show that. Then when you highlight the return, does the extension show as Accepted? I just made some changes to a return that was extended, and I did not have that happen. Are you sure you actually transmitted the extension efile? With the return open, go to the E-file menu and choose Display Acknowledgement History. What does that say?

I have been having issues with returns that we filed extensions for on the 15th. It appears to me that if you already had part of the return filled in, any changes made today have to be done in a copy of the original return. That is the workaround that I am using; otherwise the returns are being rejected. When finished, I, then, efile the copy. I am a wreck and it is Sunday and Easter besides. I am creating a copy of every return that we efiled extensions for on the 15th just to get them through. It is a royal pain. I have looked at some of the returns on My ATX and it shows them accepted on the 15th and rejected today; when I only selected the 4868 to efile on the 15th.

^^^^^^ What @GLGACCT said. Double check that your efile manager does not show a rejection for the extension. If it does, call support. If not, you are good and the error is just telling you that you revised the return and saved it when you have an accepted efile. Tom Longview, TX

Are you sure the efile manager says the extension was rejected? After the 4868 was accepted and you go revised the return you will see some type of a save error like you stated but it should not reject the 4868. After you add the K-1 and you click on check return you will have a red error about the 4868. However, when you click the efile button to finalize the return after your corrections, you would only select federal and state. It will do the error check again and since you are not doing the extension the error will not be there. Again, this is assuming that the 4868 says accepted. However, in your case if the efile manager has the extension rejected something else is going on.

Not entirely averse to your message from Ohio - large farms in the midwest. I do have a few farmers with $2 million in equipment and annual repair costs that are huge. These guys have to have $150,000 in annual revenue just to break even. Ohio is perhaps the easternmost area of the "farm belt" extending from there to the Dakotas with huge farms. A "large farm" in the Southeast can be 100 acres. The Ford F450 I wouldn't allow was on a "farm" of 32 acres, with the owner having a full time job.

Marilyn, The return hasn't been e-filed - the changes made were done yesterday - I e-filed the extension on 4/11/25 and until yesterday the efile status in the efile manager was "accepted". As soon as I clicked to save the changes for the late K-1 it changed to Rejected. The efile rejection error says "the return was changed after the efile was created. The efile was rejected to ensure that you would re-create the efile and incorporate the changes before you transmit it." What's confusing is that the rejection is on the Form 4868 extension. I would expect, then that, every 4868 efile would be rejected because of changes made to the return after the efiling of the extension but before the actual filing of the return, as for a late K-1 (kinda the whole purpose of putting the return on extension in the first place).

The extension itself might be fine, but you cannot make changes to the return after it is filed. My opinion would be to file an amended return.