bstaxes

Thanks. I had to click on desc in form to get the 'add property' to light.

It must be the virus that I had because my mind is boggled. Horses for draft (driving horse) are what property when sold? The horses were held 15 months. The more I read and research the more confused I am becoming. I am almost sure it is 1231. Thanks

Tried adding a second rental property to sch e using atx. The 'add property' is not darken and when you click on it nothing happens. I tried this from both the entry info sheet and the form sheet. Is there an error in the program or am I not doing something? Had no problem last year adding rentals. Forms are up to date. Thanks.

Very carefully and slowly with lots and lots of napkins or paper towels, unless you want to dye your carpets kool-aid color. I prefer coffee in the morning and scotch anytime after noon.

Thanks for confirming my thoughts. I was almost doubting myself when there was no 1099.

Haven't filed one this year but last year I did. I sent one piggyback and one state only and did not have any problems. Just check on the create e-file pop up which state can go state only and which one could go piggy back.

Client won a car in 2007, non-profit organization raffle. They sent no paper work to him. Report on line 21? The car is expensive.

I received mine today by US mail.

Don't use 1040A or 1040EZ. Everyone gets 1040. That's just the way it is. Makes my life a lot easier.

I am also interested. I wrote programs in the 70's but that was large scale and very, very large computer rooms with strange computer languages. I would be willing to help debug (again old term) or test out programs. Please keep me posted. Thanks Barbara

Congratulations on your new tax deduction. God Bless you and your family.

When and where did they request EFIN numbers? Just updated my account for e-filing more than 100 returns and did not see where this info is required. What is their fax number for this and to what department or person does it get sent?

Just received an e-mail from ATX needing my credit card on file for e-filing, purchased program with 100 free e-files, which ATX told me was 1 e-file for combined Fed and State, sure hope so. But now they want my credit card for billing in case I go over. Sure hope I can log on to the system after reading that some had trouble logging on. I think I may wait until just before Jan 11. to give them my credit card number. Has anybody signed on and completed this?

Welcome and glad to see you here.

The same to you and everyone on this board.

The IRS sent out notices on September 10, 2007. Quoting from that notice: "New Notification Requirement for Organizations With Gross Receipts of $25,000 or Less The Pension Protection Act of 2006 requires you to file an annual electronic notice for tax periods beginning after December 31, 2006, if you are not required to file Form 990 (or 900-EZ), Return of Organization Exempt From Tax, because your gross receipts are normally $25,000 or less. If you are a section 509(a)(3) supporting organization, generally, you must file a paper or electronic Form 990 (or Form 990-EZ) even if your gross receipts are normally $25,000 or less. However, if you are a supporting organization of a religious organization and your gross receipts are normally $5,000 or less you may file an annual electronic notice instead of Form990 (or Form 990-EZ)." The letter goes on and states if you do not file for 3 consective years your tax-exempt status is revoked. I have a Firemen Association that reports all income to the State of NJ Firemen Association and I probably file the 990 for them, so they do not lose their tax-exempt status. Can't they make taxes simple???? I guess I would be out of a job then.

Thanks for the thoughts and the smile on my face. Really needed that today.

Congratulations. I kind of know the feeling had 2 knees replaced. Just getting the first couple of steps is a huge success. I even rejoiced when I could put my own socks on. Keep up the good work. By Christmas you might be up running around the Christmas tree.

KC, My prayers are still with you and your husband. With Christmas coming, may God grant you extra blessing and good health.

got mine yesterday also.

I am also waiting. Did they do it alphabetical order? I am near the end of the alphabetic. Geographical? I am in NJ. Oh well, I guess when it gets here, it gets here.

Thanks for all the help. John H you put a smile on my face with your answer. I guess the client is going to have to pay the tax and not be happy. The article on ss was interesting but I don't think I will show it to him. He definitely think he was double taxed and perhaps triple taxed. Oh well, someone once said, 'The only certainity in life is taxes and death'. I hope I am around to pay taxes for a long, long time.

A client's father (new client to me) came to me stating he is over 70, why does he have to pay tax on social security? He received a letter from the IRS. He was told by whoever (barber, supplier, neighbor, or ???) that he does not. He has been self-employed all of his working years. I explained to him that he does not have to pay back his social security because of his age but the ss is taxable. He told me he paid tax twice (his share and the employer share which again is him) on the money when he earned it and his social security should not be taxed. I tried to explain to him that he earned enough money for his ss to be taxed and that is the rule. His self employment earns are high enough to cause the ss to be taxed. Anybody got a real simple explanation for him? I am at wits end. I would like him to be happy but I am not able to make him understand. Although he does have a real good point on double taxing.

Finish the last one today. Sent the client home with a snail mail, did not what to take a chance on the drain with ATX. Also it is now in the client's hands to get it posted. Now if I could just get rid of this cold. Well it's back to Grandma duty with my granddaughter and grandson. Everybody enjoy the holiday season coming up. It is bound to go fast and we will be up to our necks in taxes again.

Client h and w both NJ residents both working and has 1 child. H moves to Florida in November (new job) w stays in NJ to sell house, continue working, and have second baby. Federal is not a problem, but how would you file NJ. First 10 months married jointly, last 2 months w files HH in NJ, H would be Florida resident. Or w files single, or MFS? Any other suggestions? For 2008, w may still be NJ, would you file the same as the last 2 months in 2007? Thanks for the help.