Lee B

I don' know about your county, but my county assessor would have a readily available record of the purchase, even 25 years ago.

If your client is not in construction, but you want robust well developed software with job costing and many other add on modules depending on your needs take a good look a CYMA. I have reviewed the program several times in the past and was impressed, but it was way more than I need. It's targeted at mid sized companies with over 50 employees.

That is so true. Some of my best ideas have arisen after thinking about a difficult situation for several days, after I have calmed down .

This is mindboggling ! Where do you find these clients ? LOL

Well, you achieved one thing, your post made me laugh

What did you do to get such superlative service. My experience is definitely is not the same as yours !

Over the years, I have been redirected at least 6 or 7 times to a third party website, which leads me to believe that ATX has been using a third party to host their board. Apparently this third party is overseas, perhaps in Bangalore.

Scholarships can come in flavors, (a) restricted usually to pay tuition or unrestricted when means that you can use them to pay expenses like room & board, potentially leaving the tuition & fees to qualify for credits.

7 and 1/2 years ago I paid $5,000 to replace an old driveway with a nicer than average new driveway. Now the cost would be close to 10,000.

If it has a property tax assessment then you probably have two components, Land and Land Improvements, one non depreciable and one depreciable.

If that's the case, why has tax software been reporting the disposition of unamortized stuff on the 4797 for years. Never had a problem with doing it this way.

I have always disposed of the asset and let it flow thru the 4797 to line 14 on the 1040. I have done this many times without any problems.

They are not exemptions. They are "Allowances" After skimming thru the Instructions, I suspect that most taxpayers will just put down the the number of exemptions they previously claimed in 2017. This so called "Allowance" point system is so convoluted that this might become a new revenue stream for accountants.

Question: In 2018 with no more exemptions, will a child going to college at least half time and working, with the parents providing more than 50 % support, being a dependent for other purposes be able to claim the single standard deduction of $ 12,xxx ?

Judy, Catherine & Terry, Thanks for the tips. Between right clicking on the client's name in the client manager and the efile reports I will figure it out. After 20 years of looking at the ATX Efile Manager and scanning the columns looking for exceptions my mind wasn't adapting very well

Longtime ATX user. The messages I am receiving from Drake about state acks are very unclear to me. I have a number of returns where the fed acks have been received but I am very unsure as to what is going on with the state acks . What is the easiest way to check the status of state acks ?

You don't mention, a. the date of the separation agreement, b. whether the restaurant operated in 2017, c. whether your client has a 2017 K -1 coming ?

Based some reading I did last summer I believe there are certain kinds of loan modifications that can generate a taxable 1099C Your client would have received lots of information spelling this all out. Either way you need to ask your client for all of the info which hopefully they saved.

I am so impressed, it's only taken 6 months !

One interesting wrinkle that I read about several days ago. Scenario: Two houses - First is the taxpayers home borrowed $500,000, second is a vacation home borrowed $250,000 so the combined amount is within the $750,000 limitation. 1. Taxpayer has a 1st mortgage of $500,000 secured by home # 1 and another 1st mortgage of $250,000 secured by home # 2 resulting in all mortgage interest being deductible. 2. Taxpayer has 1st mortgage of $500,000 secured by home # 1 and 2nd mortgage of $250,000 also secured by home # 1 but the proceeds were used to buy home # 2, in this case only the interest on the first mortgage is deductible because the 2nd mortgage proceeds used to buy home # 2 was not secured by home # 2.

Engineers and Architects were specifically excluded from this limitation, very similar to the DPAD.

If you are referring to 2018 estimated payments, I believe several users have said they are printing the 2018 estimated payments coupons and then deleting them from the return so that they can efile.

Ah, what's that sound in the distance ? Oh, it's the black helicopters.

If you discover allowable depreciation that was never deducted then a 3115 is the right solution.

I don't want delve into politics, but the additional documentation requirements were imposed by Congress not the IRS.