MAMalody

I was wondering if anybody had put together any kind of questionnaire about the EITC Due Diligence that is more extensive than the F8867 and would be willing to share that.

I am a NATP member. I have never tried any of their CPE courses so I can't speak to the quality of this material. In my dealings with them, I have found them to be a reputable oraganization and to do what they say they will.

If you had a PTIN last year, you are not required to take the test until 2013. You have the option of taking it in 2011/2012.

Beginning January 1, 2012, the IRS says the 2012 standard mileage rate remains at 55.5 cents per mile for business uses, is reduced to 23 cents per mile for medical and moving uses, and remains at 14 cents per mile for charitable uses.

I don't believe you can e-file a tax return now.

Got my software today. Looks like they have the mileage worksheet wrong. While they have the split year for the business mileage they do not have the total mileage broken up per the same time periods. Hope they get this fixed. The Tax Organizer also does not show the split when they request the data.

I have used both and have settled on The Tax Book the last couple of years and have already ordered it for the upcoming season. TTB seems more responsive to their customers, from my experience. The accuracy of both seems the same. TTB updates seem to be a bit more timely. The TTB message board is easy to navigate and responsive to questions like this board is. I think they both would serve you well.

How about the ability to handle Form 4361?

How about recommending that ATX develope a way to indicated and handle the Form 4361, the clergy social security/medicare exemption.

As I understand it, if she signed the F8879 and e-mailed it to you, you are okay....even if she still has the hard copy.

Hmmm. My last one was 2343 hours. I hate last minute filers....well, maybe, do not truly appreciate, would be a better way to word it. Lost part of my beauty sleep and my wife tells me I really need it.

Before you get upset, go back and read jainen's response and then go and look at how your return was prepared. See if the adjustments that jainen referred to were made. It may be that your sofware computed the taxes correctly. Now, having said that, you may want to take you info tomorrow am to a local professional versed in multiple state returns and see if he will try to work it in his schedule.

Mine was done in February,however, I just had a client spring a rental property on my. Jeez.

Thanks for the info and link. I appreciate it.

Pacun, thanks. Just got some more docs and Client #1 does have a 1099-C. Just use the 982 then and skip the Schedule D? Jainen, you may be correct. He has been working on this for a couple of years. It may have been a DIY project and he simply did not know what was going on, or he discovered what you said...no proft center there.

I don't normally handle abandonment issues so I would like some help, if you don't mind. I have two clients with receipt of a 1099-A. Client #1. This is a personal residence. As I understand it, I basically complete Form 982, line 1e and 2 for the forgiven amount and that is essentially it. He has not received a Form 1099-C. Because it is a personal residence the cancellation would not be taxable. Client #2. This is a house he purchased, razed, then built. He hoped to sell/rent it out. No depreciation taken. As far as I know never held out for rent. I can't tell for sure if this would be handled in a similiar fashion as #1. Would this be 1d property on the 982? Since he has not received a 1099-C, does this get reported? I have read Pub 4681 but am not up to speed on this. Any suggestions out there.

My eyes must be bad, however, I can't read your posting. The font is too small.

I just designate the printer I want to use when I set up the program and it always uses that printer. I believe there is a printer setup button you can you to make this adjustment.

I would like to see if the program could include the 1042-S

Good idea!

How do you enter the information from a 1042-S into ATX? I have one with withholdings and can't figure out how to do it.

How do you enter the information from a 1042-S into ATX? I have one with withholdings and can't figure out how to do it.

How do you enter the information from a 1042-S into ATX? I have one with withholdings and can't figure out how to do it.

Hmmm. I did not get that notice.

I am sure this is a dumb question (I don't do payroll taxes), however, how can we have 50 states and the District of Columbia and make the following statement: As of April 1, 2010, 34 of the 53 state trust funds have outstanding loans Just curious. I guess some state have more than one trust fund?