WITAXLADY

Oh MB you are so right! I had a conference call 3/6 with an IRS agent for Trust and payroll - Message said to call supervisor! she was gone. He did call back and said they would be assigned someone new in 30 days. She was on probation and let go. Now, he has someone who in order to do an uncolloectable - she wants 1 year of everything! I said it is usually 3 months and she wanted to see it all Plus she shows huge balance due and no ERC's - 3 of which were applied last year and wiped out the prior uncollectible! She said I will give you 2 weeks - I said it is tax season and quarterlies - She gave us 1 month and said call back then and ask for 30 more days. We then faxed the 1120S from 2022 to her - with the accepted filing page! , she said they did not have! Plus the 2023 941! and the ERC's.. What the heck! She can start with that Best Taxing for 10 days! WI

I empathize with Corduroy! Latest letters - 3 non payments for taxes or 941's and taxpayer/we sent back a copy of the cashed check! Lot of nuisance and 75-80% IRS error.. Best, D

1099 came from AL as a distribution from the tribe there. Taxpayer lives in WI, claimed the $$'s on Fed and WI.. Does an AL tax return have to be filed? Cannot find it anywhere on AL DOR??? showed up by pulling the state return for AL - Result is the same - tax to AL and credit to WI but different places.. Please advise. Thx D

That makes sense!! Thank you both! D

right way? It is not about the GP and support, It is about the Parent and months lived % of support would come into play, I believe if it was mom and dad deciding.. D

Generally not all of the nursing home is for medical - I even had a rent certificate this year that listed the total paid and then the part not food - remainder could be deductible for care. Or maybe 80% for medical -depends on how needy they are. Best, D

From line 13, then 17 - from 4797 line 31 has $145,000 from ordinary gain of equipment sold from depreciation. 1120-S Where on the K does it go? and then where on the K-1? Thank you! D

needed that1 Brought a big smile ! thx

Again, thank you - always something to learn! Best, Darlene

Why thank you so much! Why? D

08/01/2023 to 7/31/2024 - received final k-1 for an estate First instinct is to amend 2023.. however, attorney letter states it is a 2024 filing as it ends in 7/31/2-24?? Please clarify my thoughts - What I read says 2023.. Thank you, Darlene

Client has 2 LLC's and the federal I filed.. but I cannot quite figure out CA - What extra if any credits should I be looking for? Anything else to be aware of? Thank you, D and yes I have he read the Ca tax instructions >):

the intent was there and expenses.. Even some income, correct.. D

-0- wages - even if the coop has numbers - as they would have paid wages?? Thank you I am switching to Drake! and no ATX does not have a place for 1099-Patr! Thx d

So I am searching on where to enter the Sec 199A dollar amounts? Do they get entered on the 8995 and are called REIT? Farm has from 1099-PATR - $20,0000 and $30,000 Please advise Thank you, D

What do you mean fast and loose? Are you talking about me?! Isn't that what you do? Take a Sch C, LLC and turn them into S corp's when they are profitable? And even when 2553's are sent seperately - you have a 25% chance of getting the letter! I do not know on filing it together as we do both! Always mailing and attaching.. If the client does not get it - we resend it and request or have the client call the number to request one. Best, Darlene

ya - I got that.. thank you.. But I still say it is not asking correctly!

Thank you!! But that is not what the question asks!!

I get a warning asking to check if line 1 has employee contributions in the box 12 code W - the majority of time - it is the employee making these contributions - from their payroll - and it is pre-tax then. Code W, box 12 And it comes off of their gross payroll - making box 1 wages less that amount. So if I put in Box 2 the employee contributions included in box 1 - again that number - it gives a credit on the 1040 - meaning the taxpayer is now getting another credit! I see that as an error- duplicating the credit Pre-tax, lower wages and HSA credit - like if they contributed it themselves on their own - not on a work plan Could someone play with that and check it out? Thank you, Darlene

Thank you! D

I think it is $127,0000

New minister wants to be paid with the soc sec/medicare taken off and paid by the church Church says fine, He has talked to other pastors and they claim that is an option.. The options I see are 1 -no soc sec/medicare claimed at all on taxes or W-2 2 -Minister pays through the Clergy worksheet not the option for the church to pay? Any cites, please? thank you darlene

by the way - the 1099-S states the $92,000 - isn't that incorrect? but if used - it would not flag the gift of equity? D

Welcome back Marilyn! I have missed you! Glad you finally went in and talked it! Are you the tax office for sale for $500,000 in central WI? Best, Darlene

My impression was if they had an EIN..