Christian

I have client's whose kids attend college and whose tuition is fully paid by grants or scholarships. Their parents sometimes pay for books and supplies they need. The college does not provide a 1098-T for these expenses. I note on the ATX form there are line entries for these expenses and am wondering if I fill in the form not showing any expenses in lines 1 or 2 if the credit will then be computed on these other entries. Can anyone advise ?

I have often wondered why the state even bothered asking. After all many folks order online to avoid the Virginia sales tax.

A recent article I read in an accounting online mag I get advised that through mid February filings are down some 17 percent or so. I really wonder if this could be correct and if so what the cause may be.

Sad to say the free file revolution has begun impacting my client list. Here even my local community bank is pushing Turbo Tax. I'll be packing it in in a few more years and luckily don't need the income but it sorta saddens me after so many years of hard work.

Curious why would the state assign him a pin?

Thanks Deb I did in fact mark them complete before transmitting. That may be the problem.

Are any of you having efile transmit problems? Today my transmit icon will not highlight or send any files while the ack icon works fine.

It is an odd situation. I prepared her return some three years ago (2014). She had a social security card showing her new married name but her older return she brought was in her maiden name. I efiled the return using the card only to having to re-efile the return to get it accepted using the maiden name. She came in this year after a three year absence. I assumed by now the Service and Social Security would have updated her info but no luck so I tried her maiden name again with no luck. I asked her to call them which she did and she was told the file was still in her maiden name. She says she has been incarcerated the last two years ( a first for me and much to my surprise) but I find no material that this disqualifies her for an earned income credit . The rejection notice indicates a name ssn mismatch. I have rechecked all my info which is correct. She hyphenated the last name on her new card. That may be the problem but who knows. She will mail her return with a copy of her social security card included with her return and better luck next year. Thanks for your responsces.

A client's efile has been rejected three times. I have finally determined the service has her SSN incorrect on her file. Hoping to avoid have her mail the return I am wondering if there is any contact number or route I can take to get this changed ?

Are any of you Virginia folks having a problem receiving back acks from the state? I sent off some on January 25th and although shown as sent to the agency I have got nothing back. A call to tech support availed nothing as no one answered the call and on trying to enter my telephone number for a call back I was informed my number was invalid.

Thanks Elrod that will do the trick.

Does anyone know if the IRS maintains a listing of individuals who have been disqualified from getting the EIC ? That would be a useful list to see if it exists since not a few of them simply will not tell you on interview.

I simply cannot imagine becoming frustrated at tax time. Oh ! /s Just for you Gail.

I hate it when old and respected members leave the board. You will be missed Elrod.

Gail's pointing out my error demonstrates a salient point in gender dynamics. Namely, the disposition of the fair sex to point out the error of our ways in the less than fair sex. You married fellas are sooo fortunate.

Lawdy Gail was I sposed too ? I apologizes.

Oh Catherine! We must accept each client with gratitude and bear their eccentricities with equanimity.

Does anyone have a rough idea of how many returns are filed near the filing deadline each year? The Service puts this out but I don't see anything related to it.

Good grief. What else are they going to change? If they can.

I am much of the same view just to be on the safe side. I have read you calculate the thirty day period using the date of sale as one of the thirty days but better safe than sorry.

A client has sold some stock today December 23 and may wish to buy back the same security after the 30 day wash sale waiting period. He incurred a loss. Counting the date of sale (December 23) I arrive at January 22 as the date he could buy back shares without penalty. In looking at the calendar it's a moot point as the exchange is closed on that Sunday. Would any of you calculate it differently ?

I rather suspect it's time to retire. Right there in front of me. Y'all have patience you too will get here.

This week I am preparing a Form 1041 for a decedent's estate a form I rarely need to prepare. The estate has two co-executors and in reviewing the form I find a line for only one. After looking over the instructions I don't come to a resolution of my problem. Can one of them be shown on the form and sign the return or do I list the second one as well (where) and need their signature on the form (where) as well? Any input will be appreciated.

With our new President dreaming to "Put H&R Block out of business" the possible simplification of tax laws may portend some not so great news for us tax guys. As I am now entering my 35th year in 2017 retirement down the road may not look too bad.

After reading the relevant material I was unsure if that was indeed the case. They will qualify for an exemption so they will not owe a penalty. They likely don't know they qualify for insurance through the federal exchange.