ETax847

Has anyone encountered the following rejection error on a Form 1041 filing, "IRSResponsiblePartyInfoCurrIND in the return header does not have a choice of "Yes" indicated? Any idea what this means or how to resolve it?

It turns out it was a system issue with the IRS website and the issue has resolved itself overnight.

A client created their profile on ID.me to get their IRS Pin. However, when they go to login now, after the 2-Factor Authentication, they get an error message 9998. Has anyone encountered this or know what might be causing this error?

That's a fair point. I don't think I'll spend anymore time on trying to convert the pdf into a fillable pdf. Thanks for your reply.

This year I was hoping to make my Tax Organizers fillable pdf's. Is anyone familiar with how to do this? I have tried numerous softwares and I cannot figure out how to convert the pdf into a fillable form.

As always, thanks for the valuable input. This group is such a great help.

Hi, I prepared a client's 2022 Tax Return and fired him after the fact due to his extreme rudeness. He is now asking me if I would amend that return (amendment is needed at no fault of mine). Would you ignore the request, politely decline it or charge a fee and prepare the amendment?

Thanks to all for taking the time to respond! This was super helpful.

A client received a loan from his employer upon accepting his offer that would be forgiven after 3 years, as long as he remained employed with the firm for that length of time. Should the full amount received be treated as taxable income at the time it is received, or at the end of the 3 year period when the loan is forgiven? All bases were covered to ensure the arrangement is a true loan as seen in the loan documents

IRS pins will be important for this filing season. I have already dealt with 3 clients who have experienced issues of identity theft. Could be related to this breach or could just be a coincidence.

Has anyone ever had the following error: Partner K-1-P entry: Disregarded entity EIN must equal the member's SSN. I have double checked the at the disregarded entity equals the members' SSN but I have this error on each input. Any suggestions would be greatly appreciated. I've been struggling with this for over an hour.

I keep getting calls about renewing and the offer does not seem to be improving. Has anyone had much success in negotiating with their ATX sales rep?

Clients are MFJ and spouse passed away in early Jan. Surviving widow cannot find her husband's IRS PIN. When someone passes is their PIN still required or does it fall off due to their passing? Has anyone had to deal with this situation before?

Yesterday I get a call from my ATX rep asking me to renew today and that this was the best offer he could offer me if I renew right now. My renewal rate has jumped up substantially to where I told him I would consider all options before deciding. Has anyone else renewed this early or do you wait and end up with more favorable pricing?

For someone who is a schedule C with a Solo 401k, where does this person report the employee and employer contributions on the line 16, sch 1 worksheet?