Abby Normal

Just out of curiosity, I used it for some basic tax research and it did a good job. I was using the free version and the next time I tried to use it, the site was too busy and I couldn't get on.

https://answers.microsoft.com/en-us/windows/forum/all/stop-upgrade-to-windows-11/4db4975b-98d5-4019-8de4-059518c996af

This article refers to problems that certain users have. https://www.techradar.com/news/windows-11-is-so-broken-that-even-microsoft-cant-fix-it

FBARs aren't filed with the IRS, but FinCEN is part of the US Treasury.

https://www.androidauthority.com/maximize-battery-life-882395/

New types of batteries are coming, but in the mean time: Don't leave batteries charging overnight or all the time. Never charge your battery to 100%. Keep it between 15%-85%. Get a cooler for your laptop. If your laptop battery is easily removable, only put your laptop battery in when you travel. I haven't had a laptop in a long time, so I'm not aware of any changes that have been made recently.

The "best" option would be for the states to just have one form that handles both PTE and PTET. MD started to do this but changed their mind and came up with a new separate form. Huge mistake.

The punishment for competence.

What a mess! And the last time I checked, the IRS didn't have any of my income on my wage & income transcript. If both 1099R forms were filed as original, then yes, it should show up twice, and I'm not 100% sure that filing a 3rd one marked corrected will fix this. Keep the documentation handy and wait for a CP2000. Should be easy enough to explain.

ATX is refusing to do any of these PTET returns. They're trying to force you to upgrade to one of their more expensive systems. some of us are doing pay-per-return in other software that handles PTET and using ATX for everything else. If only MD had used the existing PTE form to handle the new PTET then ATX would have handled PTET for my main state.

I was unable to login into my BSO account with login.gov, but I got right in with ID.me.

Those are all things that flow automatically and will do so in the IRS computers as well. I stand by my call for brevity... ALWAYS.

Just signed up for a login.gov account and it could not have been quicker or easier. I even secured it with two different methods.

I keep my explanations brief. You listed a bunch of things the IRS already knows just by the nature of the 1040X. Here's how I'd edit your explanation: CORRECTED FORM 1099-NEC ($10,000). CORRECTED 1099-MISC: $10,000 ---------------------------------------------- It seems to me that line 1 net change would be zero, and the other lines only change due to form calculations, so there's no need to explain this to the IRS. And you could combine the two lines above into one line for convenience of copying and pasting. Brevity, above all else.

Yeah, I've always know there's a calculation but the OID amounts I see are too small to even think twice about. It's more important that you pick up and accrued interest paid as a subtraction adjustment.

OID is income, not a subtraction. I always enter as a separate interest income, in the appropriate box. Every CPA firm I ever worked with did it exactly the same.

You only need the bank name. Just uncheck the Add to payer box. I never add payers from 1099 INT or DIV because I often put part of the account number in the name, and I don't want those polluting my payer list.

You can earn 4-5% at many banks and credit unions. I'm enjoying the higher interest income and hope rates stay up, like they used, last century.

Yikes! A Personal Holding Company? Haven't had to think about that in years. https://www.thetaxadviser.com/issues/2020/jul/beware-personal-holding-company-tax.html

Speaking of marriage and husbands...

And sidewalks, driveways, fences, etc. are land improvements depreciated over 15 years. Of course, valuing those would be difficult without a cost segregaton study and that may not be worth it for these properties.

I signed up for an id.me account yesterday and it was quick and easy, and kinda cool. Of course, I have a smartphone. I've had one for 20 years and would be lost without it. Id.me is a universal login for federal sites. I'll use it for eservices and ssa.gov mostly.

The repair regs did open up a lot of things to being expensed, but there isn't quite enough info to decide. Here's a related article: https://www.thetaxadviser.com/newsletters/2021/apr/expensing-hvac-costs.html Here's the pertinent IRS page: https://www.irs.gov/businesses/small-businesses-self-employed/tangible-property-final-regulations

ATX's price is what attracts most people, but if you do multistate, you'll want to buy the Advantage version. ATX handles multistate corporations and partnerships very well. Like most here, I've used 7 different programs over the years (including Drake and Intuit), but I'm the fastest with ATX. I can really fly around a return. Until the only return is I need to do is my own, I'm sticking with ATX.

The only accident I ever had was on the day after tax season ended, so I tried not to drive anywhere on that day.