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@Eric it was this topic from Jan where Lion described most of her troubles with the site:

Their payment should be column A less any APTC they accepted that would be shown in column C. However... Depending on the state and whether a state marketplace or the Fed marketplace was used, I can tell you that sometimes the Jan payment actually billed and paid may be the same as that of the prior year's policy if the application was done near the deadline because the Fed marketplace has to communicate the renewal information to the insurance co, and not all states' insurance companies are linked directly to the marketplace for the applicant to pay the premium at the time of application, so the insurance co may have assumed renewal of the existing policy at the 2019 rate and wouldn't know of any APTC agreed to at that time. If that is the case, the insurance co will give credit for whatever premium amount was paid and adjust the Feb bill accordingly, but the 1095 will show the Jan premium for the new policy that should have been paid. Do the yearly totals on the 1095 appear to be what the taxpayer paid on an annual basis? I've seen 1095s with errors that had to be corrected, but it's been a couple of years since then.

I sent a message to Eric just now. Maybe he will have some idea. I remember you had similar trouble before but thought it was resolved with a new computer. It may be helpful for him to know your OS, browser, AV, and any error message that appears when the posting is blocked.

I can't see what you are seeing. Are you sure it's incorrect? When a current rental is entirely disposed of and sold at a gain, that gain is considered passive income.** That means that the taxpayer has current passive income, and current and prior suspended passive losses will be allowed up to the amount of passive income. All current and suspended losses being carried from prior years would be included in this calculation on the 8582, not just the losses from the one property sold. ** The reg is Temp. Regs. Sec. 1.469-2T(c)(2)(i)(A) (1) & (2) that basically says that gain or loss from disposition retains the character of the activity the asset was used in. In other words, because that property was used as a rental that is a passive activity, the gain will also be considered passive. Similarly gain or loss from sale of an investment asset that generates portfolio income would be considered nonpassive portfolio income.

I know, I was shocked too. I've only seen one other client use the credit, and that was only very recently, probably caused by the TCJA changes to AMT thresholds.

I'm finishing up a joint return for a couple both under 65 and who were about $600 shy of exceeding the standard deduction. It appeared on the surface that the standard deduction would give the higher refund, however there was a need to "force" itemizing temporarily (or so I thought!) in order to split the data and create a separate file in my program for only the wife to generate her married-separate nonresident DE return, and then I planned to remove the checkbox to again switch back to the (higher) standard deduction. When I went back to the joint federal return, I found that their refund had increased by over $2,200 because using the slightly lower itemized deduction figure allows them to claim and use up the remaining AMT credit carryover on form 8801. If the wife didn't benefit by filing that nonresident state return on a separate basis, I may have missed this and the $2,200+ credit would have continued to carry over.

Because some of you don't like links:

This was through an email from my state society. There was a link with other IRS changes that I'll post about separately in a different topic.

Well, I work for myself without employees so its a lot easier for me. Also, I don't usually interrupt a current work project to take phone calls and try to work straight through a block of time on a project. I don't charge for quick phone calls either and only keep track if the call is lengthy. When I worked in firms, I did have to write it all down and kept the timesheet or my appt book handy. Doing it all at the end of the day would have been a chore and would have missed some things. It's just something we all got used to.

Did you mark the Sch E as "disposed of"? The suspended losses, current losses, and the gain on sale should all flow onto the form 8582. Yes, what JHaymaker said. We were typing at the same time.

From Tax Foundation - State Legislative Responses to COVID-19: https://taxfoundation.org/state-tax-coronavirus-covid19/?fbclid=IwAR05E2ch588Qce0JTQB7HZBXp_2I7UavjzGQMxhYWWwgnJGcC2LoM4scTRY

When the smallest increment is 15 minutes, it's easy to add up to more than 8 hrs in an 8 hr day, especially if working for a firm that doesn't allow for much, if any, administrative time. The last 2 firms I worked for billed by time in 10ths of an hour, every 6 minutes, and that's how I still track my time too.

Yes. See the Journal of Accountancy article that Abby Normal posted in this topic:

https://home.kpmg/us/en/home/insights/2020/03/tnf-senate-phase-3-coronavirus-bill-initial-impressions-tax.html .

What is being calculated?

Caught in a landslide, no escape from reality Sure feels this way

yes

I really doubt it will be as early as 4/7. The last stimulus checks took much longer, in fact several months to be issued. Anyone know yet if these are to be an advance on the 2020 returns? Will this decrease refunds or cause an increase in balances owed similar to what happened with the $500 checks issued under GW Bush administration?

There is no deferral. The client sold a property and owes taxes now; there is no 1031 exchange relief on the sale because he didn't follow the rules.

If he touched the money from the sale, no exchange! The original poster's client will fail the rules of 1031 exchange based on this fact alone. He must use a qualified intermediary to handle the funds. Any accountant or attorney that has provided services within a 2-year period prior to the exchange is disqualified from acting as such.

Scam.

IRS Newsroom page on issues related to the filing and due dates in a Q&A format, organized by subject. Subheadings with many questions cover who is eligible for relief; filing and payment questions; effect on contribution dates of IRAs, HSAs, Archer MSAs, an a couple of other miscellaneous issues. https://www.irs.gov/newsroom/filing-and-payment-deadlines-questions-and-answers

IRS posted this page in Q&A format, and question 17 addresses your question: Question 21 gives a similar answer for HSAs and Archer MSAs, extended to July 15th too.

Prior to the state developing its own form, when claiming the standard for Federal and e-filing, the e-file did not transmit any Sch A which necessitated sending it to the state by some other means (mail, fax, email), otherwise the client would receive a notice requesting the additional data. Now that Delaware has it's own Schedule A, it is NOT necessary to send a completed Federal Schedule A when claiming standard for Federal and itemizing for the state.

TP had ~ 1/3 of his W-2 income that came from an "award" and included in the final 2-week pay period of the year in the amount of $204K . It was probably a performance based award or bonus . Do the local jurisdictions have a provision that allows annualizing to help minimize the underpayment penalties calculated on the quarterly basis? If I provide annualized data on the PA rev-1630, is that information taken into consideration? This particular client I'm asking about will be filing with Keystone Collections Group.