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WITAXLADY

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Everything posted by WITAXLADY

  1. why thank you!! That is why we named it as well!
  2. hhmm - didn't think in those terms - this is the same guy that is trying to get out of the penalty for 2x taking ira's - can I just send him elsewhere!? Although if someone gives you money - can you not do with it what you want? Use it for business and it makes it business deductible buying equipment - wouldn't that argument work?
  3. well it was a suggestion by a financial adviser - and i know she has done daycare in the past - no idea if ever claimed as I have never had them darken my door before... so ya - why do they not call us first! like ghost busters!!
  4. so I can file an extension for the calendar year? or let it go and do fiscal? forgive my dumbness - how do I elect? Lawyer has papers - see what he did?
  5. we will see what she says - especially since 1 of the parties has not paid for 14 even yet and owes a lot!!!
  6. but nothing goes wrong during those hours!!!
  7. so my client that died in July 2017 - he is still ok? as we are just doing his 2017 personal? thx D
  8. so this same neighbor - took out his Am Funds IRA for 60 days and paid it back with this settlement - fine.. but then he took out another $2,000 from another IRA - different bank - and paid it back and they found out!! so the bank coded it 2 and now wants to code it 3 disability making it taxable income - on top of the $30,000 code 3 he already took out with Marketplace so you can see where this is going... owing big time.. Any ideas? Tried a C-EZ for his homemaker wife who does "daycare" and put $2,000 in an IRA but that reduced it $200 for $2,000 she also sold a gifted house for a loss but there again that is only -$3,000 all this $$$ and the government wants it! Thx for any insights D
  9. so accident happened and client got $$ and part of it was for medical bills per the settlement - $30,000 - I do not think any of it is taxable - but then the part he used to pay medical bills should not be deductible on Sch A? Of course thru other issues he owes $$$, is a neighbor - who has never darkened my door before.. so whatever thinking you can shed some light on - I surely would appreciate! thank you D
  10. thank you!! needed that after an hour of fruitless searching and finally turn here for answers ! thx
  11. I need to do 30 a day!1 15 even would be nice - my goal is 10!!
  12. so if received year she passed - would not be taxable as mfj - now is!! as mfs
  13. do you have copies?
  14. I figured so... why - it is still $$ but I have not seen that? usually they ask for $$ back? Thx d
  15. so I went on forum and got so enthralled - forgot to post my original question!! It is stupid but I have never seen so am double checking and trying to get out of reporting it! clients wife died in 2016 and in 2017 he received $800 in his name O/A/O and her name underneath dec'd - doe he have to report that? thx
  16. so client is bugging me for her back years.. ya - I have been as quick as she has in paying me! so now she wants 14,15,16 - so I say bring in 17 and I will try to get to them this weekend.. oh - she says just worry about the back ones - in other words - no 17. so I am thinking I will do 14 - as it is due and let 15,16 wait some more... as I have lots of 14's and 17's! and wait for her to pay retainer on 15 and 16... back to work!
  17. so I am looking at the affordability - and I do not see where you enter a 12? it asks for the annual required contribution - would that not be the bronze cost per month x 12? so a family of 3 is $1,308.95 x 12? - that is ridiculous!! or $307 is the contribution x 12 -= $3,684 under marketplace coverage - or in other words - the penalty of $695 x 2 is less than anything else!!
  18. it had to do with the sec 179 limits on the tabs... set at -0- easy fix if knew it! David did it! thx
  19. Thank you for the feedback! savor.. and had lamb chops for supper tonight - hubby cooked decadent!
  20. can't use Sch A if over $500 - silly!
  21. sorry - re read post - inherited from dad - would be full value at his passing - use property value - ask a realtor for help at that time - I have had some helpful business people in situations, get some comparable land parcels..
  22. and 1/2 of the stepped up value of the dad... what does the property taxes say - good indicator - when dad passed away..
  23. thank you - will let you know Wed!!!
  24. ya - that is what I am going to do with the guy who showed up Mon - and I said I know you were not scheduled as it was my son who died 11 years ago birthday and I take nobody that day!!! you were scheduled Wed and he was hot!! (I was not in) raise him $50 and discount $25!! Has a rental sale and new purchase - legit!! Yelled at my staff - I drove all the way here !!
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