Gail in Virginia

Sometimes I have been able to get them to forward it to my email so I can print it off rather than wait for them to figure out a way to print it. I hate having to go back to one I have started.

Virginia tax returns don't quite follow the federal due date - they are usually a few days later. Since for 2020 the return was due June 1, I would assume the date would be June 1, 2024 but I have not researched that.

Happy birthday in advance!

I think I would vote for option 1. If you use option 2, then dad has still filed a tax return as far as the IRS is concerned and unless he had no income it is an incorrect return.

Even if you get a penalty, it is probably less than if you wait until later to file it. And I would have a problem doing the tax return and checking the box that the 1099s were done, or none were due, if I knew that wasn't true.

I only got this last year on business returns and it seemed to relate to IRS having a responsible party on file. I ignored it. I think to see what it said I clicked on "display selected e-file action required" in the menu under e-file on the e-file manager. If I remember correctly. I haven't e-filed anything but 1099s this year

I haven't filed because I didn't get around to it, and then when they said I didn't have to I thought maybe I would never have to and that would just be one less thing to do. Not that I care about reporting the information, I just get tired of filling out ridiculous government forms.

A lot of what you say is over my head when it comes to software issues, but I have learned from you anyway. Please don't go.

I keep both a pdf and a paper copy, although I destroy the paper copy after three years. I keep thinking about going to just pdf copies but i am afraid I will miss making the pdf copy or the paper copy, so i just prefer to have both for a while. The pdf is easier to work with if someone needs an extra copy or if I need to look something up while someone is on the phone.

I am getting whiplash trying to keep up with whether I do or do not have to file this.

Even the money that I have invested in stock is much more readily available than used to be the case. The last time I requested a withdrawal from my broker, I was told it only took 1 day for the trade to settle, and that if I had linked a bank account to the brokerage account I could have had the money transferred into my bank account in about 24 hours. For most purposes, that is fast enough for me.

Curious why son wants to be paid for time spent working on house - is he trying to get part of the money or trying to save mom some taxes? Wondering if he realizes that if he gets paid for his time working on the house it would be considered self employment income and he would have to pay income and SE tax on that money. Might make getting paid a little less attractive to him, depending on the bracket he is in if he realizes he will be paying half or better in tax.

When I used ProSeries I could do this through the software but it looks like through ATX I am going to have to go through the BSA site. That is a little disappointing.

I am not sure what the business cards and listed as a business in the state where the do business has to do with this. If they are a contractor and are not incorporated, I would expect a 1099 NEC for amounts over $600. If they don't have business cards or otherwise show that they are a business, then perhaps they should have received a W-2 for all the amounts they received and not be considered a contractor. Is that the point that you are trying to make? I do agree that it is not my job to allow or disallow deductions but to point out what they need to do to be in compliance with the law.

The problem with going back to writing checks and putting them in the mail, is that the mail is becoming more and more unreliable, at least where I live. When it sometimes takes 3 WEEKS or more for a check to arrive where you mail it, you cannot rely on that method to pay bills on time. And we have had problems with mail being stolen from not just personal mail boxes but from the blue boxes that belong to the postal service. So what are you going to do?

Virginia does not allow itemizing unless you itemize for federal either, but if you are anywhere close to being able to itemize on federal I run the numbers because VA has such a low standard deduction that sometimes it is saves enough on the state to itemize and save state taxes even though you take a hit on the federal.

NATP used to have sample letters for information release but they may have mostly related to the release of tax information and you would have to be a member of NATP to access them from their website. And I truthfully don't know if they are still available on the site, so I really like Abby's suggestion best.

I had pneumonia once in my twenties and it is the sickest I have ever been! My sympathy goes out to you both and I am glad you are on the mend. Don't push too hard and take care of yourselves.

Well, that's all sorted then.

So far I have had one client ask because their attorney was pushing to do something, and all that I told them was that I would follow their attorney's advice.

totally agree!

I can't figure out how to share a copy of it, but the April 13 comic strip Frazz was very on-point if you can look it up. And if someone better at this than me can share it......

I thought it was a sarcastic comment but perhaps I was mistaken.

From what I remember when disclosure was first required to be written consent, it has to be 8.5 x 11 paper and in size 12 font. But I might be mixing that up with privacy policy. I think NATP has sample forms for disclosure consent on their website if you are a member, or at least they use to.

Most likely the SC address is causing the computer to think there is a nexus with SC that would result in the estate having a tax liability with that state.