Margaret CPA in OH

Call tech support?

That's why I will review and again go through the check boxes of support, etc. GP essentially supported son and granddaughter all of 2024 due to son losing his job and earning only $9000. GP provided housing, most of food with some cost sharing from son the entire year. All lived together in the same house with son and granddaughter having exclusive use of 2 bedrooms and bath.

I have two deceased clients in January of this year. One account is being handled by son. Does he need to mail a Form 56? There will be refunds federal and state so I know to include 1310 but not sure about 56. I think the 2024 filing will be really small maybe even under the filing requirement just refunded withholding next year. There is no estate but likely small probate. Second has a surviving wife in hospice so daughter is managing all affairs. I've requested that she get 2848 while mother is still competent. The deceased's trusts, etc, are all now in wife's trust so 2024 will be normal except same question about 56 and 1310. Would daughter be personal representative given mother's condition? All other income sources are retitled to wife but there will be a trust return for 2025, not enough for estate return. There are expected refunds. I hate it when lovely clients pass away and am glad it's been a while so I need this refresher. Thanks

There was PTC to reconcile. I tried to efile and it was rejected stating 8962 was needed as SSN was on record. Client had to request a copy of 1095A. When I entered the data, efile sailed through. I will review the other recommendations about who gets what after the season but it will involve amending both GP and son returns and I don't have it in me just now. I am also not convinced at the moment that it is the right way to go. But I will definitely check it out.

I think it's gotten worse since IRS published all our email addresses. The CAF thing was new to me, though.

I just received an email of CAF suspension notice as being unable to identify me. Although the email address is irs.gov, this person is suspicious. So I go to the listing of source and guess what? The originator is [email protected]> Sigh, so sad these people have nothing more productive to do. No way am I clicking on the attachment to follow the instructions to regain access to my CAF.

I fill out 8853 to show the total costs and ins and outs then list on Sch. A any unreimbursed long term care expenses. It may be belt and suspenders but I want to show to IRS and my clients the details. YMMV

kathyc2, close. GP claimed baby for CTC, met criteria. Son is filing single and not claiming baby because he did not provide for more than 50% of support, GP did. Child was a QC under GP. I filed son earlier with 8962 with 632 in EIC. When I tried son claiming baby, I could not get your results. I think the GP 2KCTC and son's EIC of $632 can be used amongst the whole household. All returns have now been accepted. 2025 will be different as son has a very good paying job since January and is on a career path as a chef. Whew! Thanks for the clear listing of situations. It was helpful.

I have e-filed several returns with OH IT BUS without problem.

Client is son of older clients. He has lived with parents, sharing expenses, and daughter whom he claims, and filed as HOH meeting requirements as I see it. For years he had adequate income but lost his job early 2024 making only $9000+ for the year. He then had to get ACA coverage for himself and daughter. But daughter/granddaughter qualifies as dependent for grandparents in 2024 due to support test. Father/son does not qualify due to income. Daughter/granddaughter had been on Medicaid until mother let it lapse. She went back on Medicaid in May 2024. So we have a Form 1095A showing adult son with coverage the whole year and daughter coverage for 4 months. Since son/father is not claiming daughter for 2024 (didn't know that would be the outcome early in the year) , Form 8962 seems skewed as the listed amounts are higher for Jan-Apr for 2 people but the family size is 1 as daughter is not a dependent for the year. This was originally rejected which is how I found out about the insurance issue. Will it reject again with these weird numbers? There is 0 tax effect as older parents paid full premiums so no PTC. Dare I hope it will go through as is?

Thanks for replies and discussion. Client's son earned just $941 no FTW and SS was $1824. Dependent chart shows a qualifying relative has to live in home for the full year and wife did not in 2024 but will in 2025. I asked about MFS thinking there was the possibility of EIC but her learned that isn't an option. While client said wife earns $1400 per month (looks to be under the $1620 BrewOne states), it is not an issue for 2024 if each adult disabled child will be claimed by their respective parents. I think I have ti for 2024, we'll see about 2025 and how the respective parents resolve the fact that they live together the full year in my client's home. Small issue is that client said the 'pay rent' of $200 per month for their private room and bath. I asked client to track how much support they provide, allocation of utilities, additional food purchases, etc. I think it is more reimbursement or sharing of expenses. Thoughts? These folks are amazing. Over the years this nurse practitioner and now retired physician have fostered about 8 children, all with special needs. They adopted this one son and now have custody of a granddaughter of another former foster. Idealists from the 60's actually making a difference, in my opinion.

I'm glad for this bookmark discussion and want to learn how to do this. New client has a return with 4 states and 2 locals and about 150 pages total including statements and data fields. His previous returns are nicely bookmarked by state, statements, etc. I printed to Adobe and see the option for bookmarks (I had checked this in ATX), but don't know how to create them. Any easy way to do this? Client is in New Zealand for a month so I have time to create it, just don't know how. Thanks for any help!

Both are permanently disabled, Down's, I believe, although wife is able to to hold a regular sort of job. I don't know what she does. It may be in a sheltered workshop. Client's son has a regular SSA 1099, maybe because of age? or is SS Disability reported the same way. I've not had anyone on disability before. I'm waiting to hear what wife's parents say about her work and filing but it sounds as if MFS for client's son is the way to go. The total income is below income requirement for filing so maybe just skip it. I just get nervous not reporting income from documents like W2's even if low. I guess I'm just confused about each of these folks being claimed as dependent on their respective parent's return. I understand that wife did not live with my client's son in their home for the entire year so she is out for my client. What about 2025 when she will have lived in their home for the full year? Yes, a convoluted case. I really don't want any more of these, you know?

A long time client has claimed their adult disabled son since adoption many years ago but he married in September. Both live with client. I am struggling trying to check all the boxes for these folks. Son made $941 and has SSA of $1800. New wife earns about $1400 monthly. If son files MFS, can he get EIC? Can parents still claim him as dependent? Is it correct for new wife, also disabled, to be claimed by her parents? She did not live with my clients and new husband for a full year. I think she must file MFS and client will ask her parents who manage her funds how they have been filing. Why me? Thanks for any comments.

This is similar to OH but there is a place at the bottom of the 1099DIV worksheet to indicate that.

I've used for many years Mutual Funds Publishing Co. https://www.mfpco.com/ For a handful of my better off clients, the savings can add up. It isn't just tax exempt interest generically, but some other items unique to Ohio. And for those better off clients, I just tack on a small sum for research. I have found that more and more companies, though, are listing this information.

It can be submitted online. I stumbled over the requirement to file the form that doesn't mean the nonresident does not have a filing requirement (but has to file this form). I think I have it now! Still baffled about the CA required insurance but managed to get it down to $256. I really just want to stick with Ohio returns which are bad enough!

Client had OR property and did like kind exchange in 2022. Client no longer has property in or income from OR but exchange intermediary reminded him to file OR-24 annually until exchanged property is sold at which time OR wants its share of possible gain that was deferred. Preparer for 2023 did not file either OR-24 or any OR return. I am fine with filing a blank nonresident return but thought it was silly to do that to add in the OR-24. I could not, however, see a way to just file OR-24. Thanks, LeeB, for the link which I did not see earlier. I did look. I will see what I can find there.

Client had like-kind exchange for a property in OR; cashed out a lot, paid lots of tax but exchanged a the rest for an OH property. I've been alerted that Form OR-24 must be filed annually until the replacement property is sold. I cannot find if this form can be filed as a stand alone as it states to be included with the regular income tax form - which said client does not need to file as a non-resident. Or do I file a 0 return with this form? Thanks

Thanks, Bulldog Tom, I see how the calculations are for the total and then make the adjustments for CA residency. I see the proration except for the 3853. When I go though the affordability input, she had only $450 unemployment for February and $900 each for March and April so 3 months or less without coverage as a CA resident. So it seems a penalty of $511 is a bit steep. I must be doing something wrong but can't figure it out so am frustrated. It's possible that the January pay as a severance package (sort of 6 months wages) skews the whole thing, though. But it was her only income for January then unemployment Feb.-July before her new job in August. She did continue to receive unemployment after moving to OH in May but became an OH resident and got a driver's license May 16. Then again, CA does not tax unemployment so it shouldn't matter.

Thanks, Max W, I have the CA Sch 540 NR form and input the date of nonresidency but it doesn't seem to make a difference that she was not a resident for several months of not having insurance. After working some more her penalty is now $511 which I don't think is fair for 3 months of noncoverage as a resident. It's a puzzle to me.

I will chime in with those who send photos from an iPhone which I cannot open. Folks are getting somewhat better though with scanning from their phones and uploading to my Verifyle portal. So far I have not have anyone show me something on their phone but I also have very, very few in person clients.

Thanks, Judy, I've done that and also cannot figure out how to indicate the non-resident status as of May. Also the calculations are skewed because it begins with federal AGI even though I input by the month the CA income. The bottom line seems to be an $85 penalty but, in my opinion, it should not be CA business about coverage from May 1 so only a 3 month gap while a resident. She may just have to swallow the $85 penalty. It's costing me too much time right now. Thanks again - you always come through for us!

Bump again. So 52 views and no replies. I thought at least ONE person on this board was from CA or knew CA tax. I'm not even sure of other options for research. I wonder if anyone answers the phone there....

Bump, please. I know there are CA folks here. Help me, please.