Margaret CPA in OH

You could begin with Form 4797. If using ATX, go to the Asset Entry tab and click on the bottom tab Dispostions or Bulk Dispositions. One of the options is Sale/Abandonment which the client is doing. Because it was fully depreciated, the basis is 0 so there is no contribution deduction and no sale value. If input properly, all the information flows nicely. Check to see if there might be any 179 recapture, though.

Thanks, I knew that. There is also a tab that says "E-Filed Forms" on the far right. My question is still, "Does it show in the Ohio efile tab for forms efiled this year?" I am not super diligent in checking that tab on either the federal "1040 EF Info" or the Ohio "OH EF Info" and I have few clients with school district returns. I have always printed them for mailing. I just would like to know that, if efiled, it does show as efiled on the "OH EF Info" tab, E-Filed Forms. If anyone has actually witnessed this phenomenon...

Thanks, but I would still like to know for sure if, when efiled whether with a refund or amount due, it shows on the efiled forms tab as an efiled form. Guess I'll just have to bite the bullet and try it!

I don't believe you can efile KY as a part-year resident. Check the instructions.

Thanks! I was hoping that was the case. Does it show in the Ohio efile tab for forms efiled this year?

I am hoping that the SD-100 will go along but last year I checked the forms that were efiled with the Ohio return and the SD-100 was not on it. When I create an efile (not completely as I never truly create until I input the date signed), the only options are federal and Ohio as piggyback. But since the SD takes OH AGI, is it automatically included? Thanks!

I did add the form but couldn't figure out how to get it completed and matched up with the activity. I finally input what I think is correct on line 11 worksheet for investment. I assumed that Account payable for the activity included loans, payroll taxes, and credit card debt. Anyway, I still don't understand "how did it know" which activity to match up but it seems to have worked! Thanks for support.

I should know this but it's the first time outside of class years ago. S-corp losses exceed the basis for 2008 for sole shareholder. In construction, he's working off of huge credit card debt. It looks bad for the future, too. Meanwhile, how do I input the K-1 (in ATX) showing -$47,330 and not have it show up as deductible loss on page 1 against wife's Sch. C profit? Should I put 0 instead of the actual loss on the K-1?

I tried to get ahead of this problem this year but enclosing the "new" substantiation rules in the organizer and engagement letter packet. But I have always refused to guesstimate for clients. I provide some websites and printouts (they are quite old) and insist that the client determine the value and write it down, in their handwriting, for my records and theirs. Most of my folks now know better than to bring me a slip with a date and generic description. Some of my clients have castoffs better than my new items and some, well, you know!

Umm, KC has already answered. Doh! Prepare a zero 1099 for the son and mark corrected. Wish I was that smart....

Now why didn't I think of that? And that, KC, is why you get the big bucks and the genuine thanks of the grateful folks in this forum. Why try to make things harder than they have to be, I ask myself...

I was informed by a client the income reported for father and son was actually all to father. I can put Corrected on the 1099 for a new one for father but the Void box cannot be checked. I can't find in KB or How to's the way to do this. Any ideas? I would like to efile the corrected and voided forms.

Thanks for the breath of fresh comedy air. I just started using those nasal strips recently; they really do help. I think I should get the newer strips for my husband...

A timely question as I was just notified that two submitted forms 1099 to father and son had incorrect amounts. In fact, father received total, son received none for 2008. Correcting father's is straightforward for efiling but how can I indicate the son's as Void? I couldn't find in KB or How to's. I can't even override to check the Void box. Any ideas?

Ohio is a piggyback and I don't believe you can efile a non-resident Ohio return anyway.

Thanks, KC, but neither of those worked. I can't find anything in the KB either but am probably using the wrong terminology. You know, calendar or schedule instead of cycle. I guess I can live with it because I don't want to take up precious email time or CS phone time for such a trivial issue, especially one I brought on myself though I have no idea how.

Somehow I clicked on something yesterday that enlarged the used to be smallish box that comes up when one clicks on Receive Acks. That box now fills the entire screen. I could live with it but would prefer to have the smaller screen. I can't find how to reset. Anyone know? I need to watch better where my fingers go!

I was thinking orginally the improvements, too, but decided that the initial construction of the driveway and paving would be the land improvement. It seems to me that resealing would either be a repair (yes, it would extend the life but not for 15 years) or no class life of 7 years. That seemed more realistic, at least to me.

I have 4 client files still in "Transmitted to EFC" status on my computer. I have spent, oh, a coupl of hours now emailing and on the phone trying to find out how I can get a copy of something that shows these have been IRS accepted. I understand that they have because Alison and Thomas both say that they can see through their magic crystal or something I can't access that they have been accepted. I was told to just call IRS. So I called e-services. Not the right place. I called FIRE; maybe the right place but not the right time, too early in the season. There is also the quirk that one client has 940 and 941 efiles accepted on my computer but on ATX they are still waiting acks and his 1099 shows accepted on ATX but not yet sent and not accepted on my computer. But that's another story... Do any of you have any secret methods to check with IRS regarding the status of these?

You're very welcome. It's a small thing but aggravating and wasteful. And it took me a bit to figure that out in other programs. Glad it's working for you now.

I have never had that problem with scores of those forms. You could try, though, to adjust the margin setting. Go to Print Alignment and try adjusting the top margin and or the row spacing and/or the space between. If there is an extra line, it will throw out a blank sheet.

I have 4 addresses myself but, for business, use only my CPA business email. The point that I was trying to make is that, because I replied to 2 emails sent to me, I was "chastised" for having sent 5 emails. While I thanked the level 2 tech who responded, I didn't realize that one is not supposed to reply by email. It does clearly state to call CS for further assistance but I naively thought email could be more efficient for me. I guess they would rather we wait on hold than accomplish something via email. So here I am on hold for 13 minutes so far because Alison doesn't understand what the problem is. How I can have 2 transmissions accepted on my software but still awaiting IRS acks and one transmission accepted but the ATX website says it hasn't yet been transmitted to IRS.

There was a discussion about random omission of the state returns printing when fed and state were selected. Since I thought it was just me having this problem, it was very interesting to discover otherwise and so I sent an email to ATX to ask about it. I was pleasantly surprised by the quick response, replied and said so and asked another question and replied again to that answer. Since I was also curious about the status of my 1099's (Transmitted to EFC since January), I thought, "What the heck?" and emailed separately about that. Again I was pleasantly surprised to receive a very quick response and replied again with another question. Then I received this, "Thank you for your e-mail to Customer Support. We have received more than 5 responses from this account within a 24 hour period. Additional e-mails sent to support will be received but this will be the last acknowledgement of a successful transmission until the 24 hour period is over. We strive to answer all e-mails within 24-48 hours. Be sure to check the Customer Support Site and the Knowledge Base where you can find the answers to the most common questions without delay. We appreciate your business and will respond with an answer as soon as possible." I don't really care to get a computer generated email saying that my email was received, especially if I have just replied to an email FROM ATX. Duly chastised, I guess I will skip emails along with any phone calls. With the help of you good folks, I'll just keep on keepin' on. But I'm still curious about the efile that shows on the ATX site Accepted and also shows that it has not yet been transmitted to IRS. I received an email explanation the Accepted does mean IRS accepted but how can the IRS accept something it hasn't received? Hmmmm.....

I just sent an email with the inquiry I posted on the efile section of this board. I received an almost immediate!!!! response to send the EIN's and they would be addressed. We'll see what happens. I am MOST impressed with getting an email reply so quickly even if the issues aren't yet resolved. Customer service is really improving.

Thanks, michaelmars! I just did that, uncheck the close print window. That will make it easier when I have to print extra copies of Schedules C and E, for example, to go with local returns.