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Everything posted by Abby Normal
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any way to retract the estimates that were set up and efiled
Abby Normal replied to schirallicpa's topic in General Chat
Try this: Call IRS e-file Payment Services 24/7 at 888-353-4537 to inquire about or cancel your payment, but please wait 7 to 10 days after your return was accepted before calling. -
MD can't be efiled either, but you only have to file MD if there is tax due or you're using the 504NBD deduction. MD does allow efiling the 504 but ATX had not programmed it.
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Since no money was received in 23, there might not be any tax, unless depreciated assets were sold. See line 12 of form 6252. When a business is sold, both parties need to agree on the price allocation and file form 8594, so that both parties are accounting for the sale the same way.
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Does anyone have time to check my work? Solo 401K spreadsheet
Abby Normal replied to BulldogTom's topic in General Chat
https://obliviousinvestor.com/solo-401k-contribution-calculator/ -
While in the Efile Manager, with the return highlighted/selected, press Ctrl+R and it will open the return and display any messages or rejection errors.
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But if you use one of the custom fields, it will roll over to next year. You just have to rename the same custom field. That's why my custom fields always end with the number of that custom field (e.g. Spouses Email 1), so I don't have to make a note about which field I used.
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Seeing as how the federal refund comes in less than two weeks, in most cases, I'll wait a week or so before amending.
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APIs are application programming interfaces, which enable different applications to exchange data and could be used to move IRS data to the cloud and access it there. DOGE has expressed an interest in the API project possibly touching all IRS data, which includes taxpayer names, addresses, social security numbers, tax returns, and employment data. Great. That's all we need. All our IRS data easily accessible in a cloud server.
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Efile 1040X
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With low mileage and high vehicle cost, actual will likely be better until it's fully depreciated. But it's always a tough call.
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I give them 2024 1040-V forms.
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If he was using software, the loss would automatically be carried forward... unless he deleted the Sch D because there were no transactions that year. Try getting the oldest transcript the IRS has, get a POA for 2000 through now, and maybe call the IRS after tax season.
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I'd tell him that unless he has proof of the loss and also proof that it wasn't used up by capital gains in the interim, I can't deduct anything. I find it hard to believe that any preparer wouldn't be deducting that capital loss every year, and carrying it forward.
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Brain Dead - Need help with NR state allocation
Abby Normal replied to jasdlm's topic in General Chat
That's a good question. I guess I'd see what the other state says about S corp distributions, but my inclination is to go with resident state, like the W2 does. -
Negative pressure cases, the typical old style, had fan(s) that blow out, which makes the case suck in dust from every crack, crevice, drive, etc. Positive pressure cases, have fan(s) that blow into the case giving you one access point for dust. Most just have a screen that catches most of the dust, but some actually put a thin filter over the inlet that you need to clean. In the days of big computer rooms, the entire room was positive pressure to keep dust from crashing hard drives that were not sealed. The hard drives even had filters on them to keep dust out. I remember changing those filters on a mini computer I worked with. /end stroll down memory lane
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I only buy positive pressure cases. Are they all made that way now?
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Just want to verify I am doing this correctly
Abby Normal replied to joanmcq's topic in General Chat
Is there any income to be distributed? Was the house sold at a loss, like it usually is? The charities get their specific bequests and the bene's split the rest 1/3 each, but so 33.33333 is correct, but make one 33.33334 so it adds up to 100. -
About $500 if MFJ. Probably $800 for MFS.
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List as part of proceeds, or as part of basis?
Abby Normal replied to Catherine's topic in General Chat
Someone's got broccoli brain! -
My last computer lasted 12 years, thanks to swapping in a solid state drive. I ran Windows 8 that entire time. I thought Windows 8 was the best OS Microsoft ever made, and I'm not sure my opinion has changed, yet. I skipped 10 and I'm tolerating 11.
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I had a huge book with a disk called DOS Power Tools and I was DOS wiz. I hated having to start over with windows, and waited until Win95 to make the move.
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List as part of proceeds, or as part of basis?
Abby Normal replied to Catherine's topic in General Chat
It's late season which means it's also fried brain season. Good luck! -
All contributions are entered in the same place, 8889 line 2. You can use the jump arrow twice to get to the input worksheet. If the birth dates indicate that they are over 55, the limitation will automatically increase.
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