Abby Normal

Most trusts I deal with are all intangibles (stocks, bonds, etc.) but it sounds like you have a rental property? I'm not familiar with IL laws, but I would think that it would be an IL 1041, but as long as all the income is passed out, no tax will be due to IL, but the beneficiaries may have enough income to have to file a nonresident IL return.

If each valve cost less the 2,500, I would expense them.

If the IRS just scans all paper returns received, perhaps they need to let individuals scan their paper returns and upload them securely. Would prevent mountains of mail sitting in trailers.

Run the ATX database repair batch file for 2019 and 2020. Read every word of the instructions carefully, or it won't work. https://support.cch.com/kb/solution/000048310/15000

There's also a ton of construction going on. There are hundreds of new homes being built right now in the small town I live in and even more in the much smaller town about 6 miles away.

For ATX to work, all the server services must be running. To check that, bring up Task Manager (Ctrl+Shift+Esc or Alt+Ctrl+Del), go to the Services tab and look for the ATX Server services and start them if they're stopped (right click). You'll have to be more specific about not being able to log into 2020 & 2019.

It's under Manage Users. Simply uncheck the box and be done with it.

It's permanent. I turned it off several years ago.

I also told good clients who switched to QBO that their tax prep bills would double. #FiringByFee

Tax simplification is a unicorn in America. It would require a complete overhaul of many different programs, and advocacy groups of all stripes would be squealing like stuck pigs.

You can just choose print instead of add to save a step. Just be sure to test it on few clients before selecting all.

We just use QB. No printing issues.

Also, you should turn off two factor authentication once you get logged in.

https://drive.google.com/file/d/1-Tr6sO0al45ruydZj-5p_phjzngV_KFs/view?usp=sharing

QBO is torture. I fire any client that switches to it.

If you have a friend who uses ATX you could have them download it for you. Or, I could just share the latest install file: https://drive.google.com/file/d/1RVaJmQR_mecLq3s6gZoA5fAqfffYQEf0/view?usp=sharing

Well that's an improvement over getting a message that they're too busy and to try later, which is all I got for most of the past year.

Any legal move that puts more money in the pockets of average Americans is ethical, in my opinion. Average Americans get screwed every day by unethically high drug costs, high medical costs, high telecom costs, high internet costs, wage theft, low wages and poor benefits, so any chance to get something back, and I'm all in.

It's one of the top links in the reddit tax forum: https://www.reddit.com/r/tax/comments/3zf1bs/before_you_post_see_if_you_can_find_your_answer/ The IRS Tools is also helpful: https://www.irs.gov/help/tools As is this: https://www.irs.gov/help/telephone-assistance

K1s often have both suspended ordinary losses and capital losses, so when income arises, you take a pro rata share of the suspended losses. In this case it seems, all the suspended losses were 4797 losses.

You can also set your printer to be in duplex mode and skip asking ATX to handle it.

And for the dyslexic and typo prone among us...

I submit 100% of my W2s to SSA using QuickBooks. State copies are mailed in because, fortunately, all my clients are under the limit that requires them to be uploaded. QB says you can create a file to upload to the state, but I've looked at it and it takes a lot longer than just mailing them in.

Same here. One reason I tried Google Fi was the it was designed for you to make calls and send texts over wifi. I got tired of waving my phone around and walking around the house to send a text message. And that was with both Verizon and Sprint.

Cell coverage in the US is TERRIBLE compared to other countries because profit is more important than our safety. When I was in Canada, even in rural areas, I was blown away by how good my cell signal was. I was mostly on highways, but I appreciated having coverage in case I needed assistance. Near me, there are dead spots on highways and in town. It's ludicrous that ordinary citizens have so little sway over these matters. I still remember, and fume about, when AT&T and Verizon went to Congress and said that, if we let them rip us off for Caller ID, Call Waiting and Call Forwarding, they would use that money to install high speed internet everywhere. We're still waiting for that to happen, 30+ years later! They took the money and ran. Telecom bastards are nearly as bad as fossil fuel bastards and drug company bastards.