ETax847

Wow, I thought my rates were low and I would be way above every price quote so far.

that i do.

A client is planning on funding her IRA prior to the filing deadline. I entered this in the IRA worksheet, however, that paragraph indicating such does not appear in the client letter. Anyone know what I may have overlooked to get this section to appear in the client letter. Thanks for your time.

Thanks, given that income was earned, I am leaning toward considering it other income and offesetting expenses on sch A. thoughts?

Income was roughly $3k, expenses for coaching, training and ice time etc are substantial. He is competing internationally and trying to make the usa olympic team. Sch C?

There really wasn't much in terms of start up costs. Should I list all ordinary and necessary expenses on sch c?

Client quit his job to pursue a career as a male figure skater. Hired coaches, and trains 12-16 hours per day. Was not profitable in year 1, but did earn some prize money, however had substantial expense. Can client deduct all of his expenses associated with this income. Expenses were huge in year 1.

Has anyone ever received the following email from ptin.org Dear xxxx, As a 2017 PTIN registrant located inxxxx, you have been selected to participate in a special program we offer to select tax professionals. We hope you will consider participating in this program. This program will create your online reputation as the Best Rated Tax Professional in your area. If you are interested in taking on more tax clients - either business or individuals, please read on. We are currently looking for a Tax Professional in xxxxxx g to feature on Google as the "Best Rated 2017 Local Tax Preparer". We would like to submit you to Google as the Best Preparer in your area. In addition, we will also feature you on the home page of PTINdirectory.com and our mobile app, "Find the Best Tax Preparers". We can guarantee that if you sign up you will get more clients online. Here is why this program works: When people search online or on their mobile phone for a Tax Professional - they naturally gravitate toward the "Best Rated Tax Preparer". So if you're listed as the "Best" and have five star testimonials, you will naturally get the call before anyone else. Your reputation online is enhanced with five star reviews provided. Important: There are NO recurring monthly or annual charges to participate in this program! There is no need for you to waste money on expensive Internet marketing programs - this program works. We make it easy for new clients to find you online and on the mobile phone - guaranteed. Sign up now for a one-time only fee of $279. I'm wondering if anyone has ever tried this and what the results have been

Are these fields required for certain state filings? I have read conflicting things.

Does the client need to provide his driver's license info for Federal and State e-filings? I currently prepare returns for client's in the state of Illinois

Is it possible to set it so when I open a return, I can have certain forms be included in that return? I know there was talk of templates, but I am not sure if this was ever implemented.

When I start the software I get the following error message, "An attempt was made to start the server process, but the application is still unable to connect. Please start the server and try again." Any idea why this happens?

Tax season never runs smoothly for me. If I set appointments in the Organizer, clients dont keep them. If I dont set the appointment and tell clients to call to schedule, they never do. What do you do to ensure your tax season runs smoothly in terms of having your clients come in when you want them to?

Installation was pretty smooth. Software is now password protected.

I just received the installation codes for the 2016 filing software! Here is to a good season!

For reporting the sale of Rental Property, does it go on the 8949 or on Form 4797? I have heard conflicting things from various tax pros and wanted to pose the question in this forum.

Client has a rental condo, that he is selling at a gain. He has suspended rental losses due to making too much money. Can someone please explain how the suspended losses come into play when he sells the condo?

I had my fair share of issues this year with the software so I am in no hurry to renew.

Max package is $1,487 with taxes at the "discounted" rate

Did anyone else receive an ATX renewal notice already? It claims its the best deal if you lock it in before May 31.

If it were to be taken on the individual's return, where would this take place?

Client received a K1 from her firm which she is a partner. In box 20 code z, she has the following: 2015 keough contribution included in draw 401k contribution included in draw Health insurance included in draw and Life insurance included in draw. Do I need to report these items and if so where and what form?

How do i enter the NYTPRIN Exclusion code on the NY IT-203? It wont let me type in the field and there is no jump to link? This is the only NY state tax return I'll be doing so I have my exclusion code, I just dont know how or where to enter it. Thanks!

its for 2015, withdrawing the excess 401k contribution from 2014. Excess contribution was withdrawn in 2015.

My thought is that the excess contribution would need to be included as income on an amended 2014 return