Lynn EA USTCP in Louisiana

In Elections, Form 1040, click on the one (near the top) that says "elects to not file form 1116'. After doing that then the foreign tax should flow to sch 3 part 1 line 1

The payroll W2's must have been timely filed to SSA (i.e. 1/31/2020) for it to qualify for QBI.

The year is adopted with the filing of the FIRST tax return. If this is the first year in existence they may have a short year, xx/xx/19 - 12/31/19. Form 1128 is not required in the first year. Your reading is correct.

Could you get this to work by clicking on Select the Tax Planner Worksheet instead of IRS Estimate Worksheet ?

On the state efile tab click the button to decouple the state from the fed.

Those which I efiled prior to 1/31 have all been accepted. However, the corrected ones efiled 2/4 and 2/5 await their ACKs

I always enter the state of residency, in this case MS, since that is where the TP lived all year

schedule E input page also has a QBI checkbox

Are the check boxes on schedule c marked ?

Is your state set to 'hold' until the federal is accepted? Or is it unlinked from the federal? Did you click on 'created' in your efile tab? Try clicking on 'held' to see if the NJ is there, awaiting fed ack.

I always add it as a separate line item on 'other expenses'. 481(a) adjustment, $xxxx.xx if expense, or as a separate line item in 'other income' 481(a) adjustment +$xxxx.xx if income

I went back to the return I mentioned above. I had deleted 8606 but went back to re-add it. My ATX version says the form is installed.

I worked on a tax return in ATX yesterday and the 8606 auto populated. Have you tried to add the form ?

How is CCH iportal different from their fileshare portal connected to my CCH website ?

We just upgraded our 6 y/o computers from Win 7 to Win 10. No issues discerned. One computer is used by my assistant to do monthly Writeup and is rarely online. The other is my old one and has ATX programs back to 2012. It will be used only for when someone comes in that is a late/multi year nonfiler. I have a new dell win 10 pro with dual hard drives and SSD which is almost always online. The new computer has ATX 17 18 and 19.

Pacun, my birth certificate does state the time I was born, and shows that I am 10 minutes older than my twin sister.

My late father, also an EA, never had E&O insurance . I do.

IMO (totally unresearched), there is no difference between the 1099-MISC box 7 and Medical Payments box (whatever # that is). They are both counted as income. Does he have financials that reflect income at least, or more than, the total of the 1099-MISC and 1099-K issued to him? Lynn

virtrue encrypts email - I used this for a short time but end users had difficulties with it. It could have been an end-user issue and not software issue sendinc encrypts email - never used it protonmail encrypts email - my son set himself up with this but I haven't for the office

$1650 x % of # of days of ownership in the year =~ $4.52. Do the special date allocation section of the k-1 input.

I did as B Aja I suggested. The attachment was s corp shareholder basis worksheet. But the tax return had the very same basis worksheet. Efiled and it went through as did the state return.

The federal has 52 documents. There is one federal attachment - the S corp SH basis statement 2.6 mg. Hmmm, now to figure out how to condense it - who knows how to do that ? Edit - it looks like I have to upgrade to a different adobe version at $14.99 / month to add the condense file feature. Paper file it is then.

I have a large 2018 tax return that I'm trying to efile. It won't go through as the efile times out. Any suggestion? If it won't EF then I'll have to print for the client to paper file via USPS snail mail.

Start here - https://www.tax.virginia.gov/. There is a section for Tax Professionals. I had clients in VA and signed up for tax update emails. Some DOR , NM for example, have seminars for new businesses; maybe VA does too good luck !! Lynn

Thank you