Pacun

Even if you donate a program that's worth $2,000, if you made the program with your time and effort, no deduction.

The simple answer is no. Sorry. You wanted a simple answer.

In the future, as you go through the different scenarios, save the first scenario and close the client. On return manager, highlight the client and pull down the file menu and select duplicate and you will have a chance to name the second (and subsequent) scenario properly.

Call ATX and ask them you want to try their product. They will send you 2006 for free. Use you great great grand father's name. When you call ATX, don't start saying... I was your loyal client for 4 years but last year I switched to another software... It is like when an ex-client calls me, and says, I lost my previous year tax return which you prepared but last year I changed tax preparer and I have a house closing tomorrow and I need a copy of my previous year tax". Trust me, I will tell him, you will have to pay for the copies and call us next week to see if they are ready.

Margaret, you said on your original post "He is about 55 but the university does not want to offer an early retirement package. " Trust me, once a lawyer is involved, the university will make this offer at once. Of course you still have the other issues to deal with, but why to try to maximize his returns on future years where you have an opportunity to make a bunch of money on the forced sale of his house? No offense, let other professionals do their job, this job is for a lawyer and a tax professional as a consultant.

Withholding has nothing to do with the fact that income could be taxable. Please make sure that that income is not taxable to Non-residents.

Changing the odds and class action will not fly because the rules of the drawing clearly stated that ATX can cancel, call off, stop, abandon, withdraw, annul, revoke, terminate, rescind, repeal the drawing as they wish. They also can change, alter, modify, vary, transform, revolutionize, adjust, amend your odds as ATX wishes. Do you see how important is to read the rules of engagement? I am just kidding... but I believe that somewhere ATX has covered its back and made a disclaimer like the one above.

How about if no one renew early? Will this hurt us since no money will be available to improve the program at the beginning of the cycle? Imagine (as a company), you are at the beginning of a venture, is it better for the consumers if the company knows for sure that will have 40,000 user or if the company thinks that will have only 20,000 users in January 2008.

From Mark Minassian, Your Guide to Business Law / Taxes: U.S.. FREE Newsletter. Sign Up Now! Why the Social Security Administration Loves Illegal Immigrants A few years ago our firm was processing year-end W-2s for one of our clients who owned a small convenience store. It was the first year we were e-filing his W-2s directly with the Social Security Administration (SSA). When we processed the W-2 for one of his employees (who had been an employee for the prior three years), the SSA immediately kicked out the W-2 because the employee's name did not match his Social Security number. We immediately notified our client about the situation. The employee in question was an illegal immigrant and admitted to our client that the Social Security number and card that he was using was fake. Our client fired the individual and then went down to our local Social Security office to report the situation. To his astonishment, the SSA did nothing to either prosecute the individual nor investigate the situation. Their response was that they would take action if the fake Social Security number showed up again attached to another individual. The lesson to be learned from this: The SSA doesn't really care if illegal immigrants are using fake Social Security numbers because they are still paying into Social Security and Medicare and will never be able to claim any of the benefits. The Social Security and Medicare systems face enormous shortfalls and will take whatever contributions they can get, even if such contributions are from illegal immigrants using fake Social Security numbers. Tuesday May 22, 2007

Send this crook the same way he came. Don't get involved at all. I didn't pay attention to the disability portion of it, he might have a foot in jail already.

By requesting ITINs, I have helped the IRS collect thousands of dollars from people that want to violate one law and respect others. It is like being a good citizen by using your seat belt all the time but runing a yellow/red light from time to time. It is like going to church and having a lover. It is like being a good citizen by going to the army but kill people during war. It is like reporting all your income from tax preparation but leaving out those $20 you got when you returned a wallet you found on the street or that $20 tip you got when you drop off your friend to the airport or that $20 dollar you found on the street. If the system created ITINs for illegals to comply with IRS rules, we have support that and comply with it... we do not chose what regulations we like and comply with only those, we have to comply with all of them. I do understand that you can refuse to prepare taxes to any one and if you feel unconfortable helping those people. In any event, when a client sits in front of you to have his taxes prepared, do you know if your client in front of you has raped, killed or otherwise mistreated people, is using illegal drugs, steals things from the stores... we don't and our obligation is to prepare his taxes based on the rules. I try to limit my practice to taxes and let other government agencies to deal with problems under their jurisdiction. Again, if under your believes, you feel the need to refuse preparing taxes to any one, please feel free... I do that from time to time and more often than you think.

If you want to put "him to work", just open schedule C have some "sales" and no expenses and pay federal, ss, and state taxes on that amount and no one will question you.

Whoever is greedy enough to believe that there are companies giving away money will fall for these scams. I feel sorry when my own bank calls me to offer me legit offers... my reply is "if I need additional services from your bank, I will initiate the communication... no matter how good your offer is, I have to hang up now." Also, when I see on the mail an envelope that reads that there is money waiting for me... I cut it in 100 pieces without reading it. I do the same for emails (do you believe me?). My point is that everyone is after your money and no one is giving away money. If you work, you have money... if not, you don't.

It seems that your security settings on your computer needs adjustment. What OS are you using?

Client lost investments on one company (all investment on company). Client filed a long term loss in 2004 for $3,000. From a Class action suit, client got $1,000 back in 2007. I know the IRS will love if I report it as other income since client salary is more that $200K but his loss reduced long term capital gains in 2004. Should I report it as other income, capital gain, or amend 2004 and pay interest on money owed? More info might be available if needed.

It is ilegal to hire an illegal alien but it is not illegal to be hired by an illegal alien. As long as you properly prepare the return, you should be OK. Remember that people with ITIN do not get Earn Income Credit. I just prepared 1999, 2000, and amended 2001 for a client. This client was using a fake social security number for those years but now he has his own social security number. His immigration attorney calls me and wants that all documentation to reflect his correct number. I said "that's wishful thinking. I cannot correct any W-2 that the client brings to me. My responsibility is to accurately prepare the 1040 returns for 1999, 2000, and 2001, and I have done that". I went on and said, even if you find the account that correctly prepared his 1999 W-2, based on the information at hand at that time, s/he cannot change that W-2 because the social security already has a copy of it and it is ilegal to do so".

I thought my answer (previous post) was original, but I like this one TaxmannEA: "I got 24. Not sure what i missed: wasn't paying attention!"

People come to my office with returns prepared by crooks but they do not sign the return. To the eyes of the IRS, these returns were self prepared and believe me, these tax payers (AKA crooks) know exaclty what's going on and still they go to this places to have their taxes prepared. I think there is no crook preparer without crook tax payer. Most of these tax payers go back to these places when I tell they that this year they will owe or their refund will be much less than that of last year.

The only one I missed was this one... On the United States flag is the top strip red or white? The choices were: Blue White Red. I chose Blue.

During 2004 and 2005 tax seasons, I efiled in situations where the ITIN didn't match the W-2s. I never got any letter from the IRS but this year, I didn't efile if the ITIN person had W-2s because I read that you should not efile if the numbers do not match. The only time I had problems was when the ITIN was relative new and the IRS didn't have them in the SS master file. Lately, I have noticed that the IRS add them to the SS master file as soon as they issue the letter with the ITIN. (How do I know that?) I have efiled the state jointly when the wife didn't have any income and the ITIN was just issued. In previous years, I got rejections when the ITIN didn't match the ss master file when efiling state returns.

That's very true. We want this board to be beneficial to both seniors and new members.

The point of citizenship is a good one, but illegal children with ITIN get $1000 as child tax credit or additional tax credit. Last time, I prepared a 1040 for a married couple and a child, all of them had ITINs, the IRS sent a letter because I didn't claim the child tax credit and additional child tax credit. I called the IRS and they asked me to amend the return and the parents got the $1,000 credit. For clarification, the father is not involved at all either because he does not file US taxes, he is not in the US or both. Support is not an issue. I am also assuming the uncle qualifies for HH and the child tax credit. We also need to post more questions to this board since we should clarify a lot of issues before next tax season.

Brother supports sister and niece. All live in the same household. Brother makes 55K (all w-2) and sister makes nothing, no one else lives in the household. Niece is only 2 years old, can he get child tax credit?

I got the same offer too. I just got the email, I haven't checked the old fashioned pony express mail.

"A fence could also prevent the ocelots and other animals from swimming across the water to mate with partners on the other side." Do we want our american ocelots to mate with Mexican Ocelots?