Abby Normal

Taking screen shots with the computer, using the Print Screen button, or Windows Snipping Tool or the new snipping tool in Win10 is a basic computer skill everyone should learn. I see blurry photos of screens in the ATX facebook group all the time and I just shake my head and scrool on by.

Is this a warning message in ATX when you create the efile?

There can be security on PDF files that prevents things like printing and editing, but I've never seen one that blackout the whole page. (That'll put a dent in your toner!) We only view PDFs on screen anyway and would never want to print a client document out. One way I get around security on these protected PDFs (so I can add notes to the document) is to print the PDF to another PDF.

And 8283 isn't bad if you customize it extensively.

I used to have one with 3 kids. I believe I developed a spreadsheet to get the numbers I needed. I could usually have two or maybe even all 3 kids returns open at once, since they have very few forms in them.

There is zero doubt that this is ordinary income. It is not rental income, so box 1 is correct. The two related questions are is this passive or active (definitely passive) and does SE tax apply. I've successfully argued with the IRS that a passive LLC member taxed as a partnership did not have to pay SE tax, but I've never done it with a regular partnership. This is mostly due to the fact that I've had zero regular partnerships since the mid-90s when LLCs came into existence.

Is this partnership not planning on being profitable? Are the losses due to lots of 100% bonus depreciation? He can only deduct passive losses against passive income. So he has to wait until the partnership has a profitable year or until he sells his share.

You might want to split it into two portions, one that was reasonable compensation for work performed and the other....?? Gift??

Yeah, MD was always a flat 13% but they've been lowering it gradually over the past few years. Not sure how low it's actually going, but it's still too high.

Actually, I usually recommend "borrowing" it from the IRS both for lower interest rates and it doesn't show as a debt on his credit report.

With that amount of federal tax, it must have been all short term? 72/186 = 38.7%. But a 'bomb' like this on a return can cause a lot of other things to go away, too.

Yes, quite some time ago the UCE subtraction was added to 1040 Sch 1.

Were the stocks sold before the divorce was final? Good luck getting the ex to report her share. Did the ex get any of the proceeds?

Another important thing to do (and something IT techs often ignore) is turning off all that crap that runs automatically without asking you. There are several places to manage "Startup" programs in windows but the only way to see everything is to download and install Autoruns from Microsoft/Sysinternals. I turn off all 'update' programs that run 24/7 in the background, and lots of other stuff that I don't need or use, including a lot of Google, Adobe, QuickBooks, GoToMeeting and even some Microsoft programs. The leaner and meaner your machine, the better off you will be.

And printer utility software that comes with printers should never be installed. If you buy a new printer, just connect it to your computer and let windows find it and install it.

It's part of the bargain. If you like the software enough, you'll learn to live with it. If you can't live with it, find other software. Complaining on forums might make you feel better but it's not going to fix anything. If you want it to not crash while printing, close it before printing. Or print only to PDF first like many of us do. Search this forum for installing Large Address Aware instructions. It does help. This problem has existed for almost 10 years and the likelihood of it being fixed anytime soon is nil.

Don't worry. We won't be able to access you computer from that link.

No, the IRA due date and the tax return due date are always the same.

It sounds like it might be a qualified nonpersonal use vehicle, like a dump truck, or is it just an SUV? It's definitely not equipment, unless it's an unlicensed off road vehicle. Look up the VIN to see what the gross vehicle weight is to determine if it's 6000 lbs or more. https://driving-tests.org/vin-decoder/

You're talking about something totally different, a mailed in estimated payment applied to the wrong year. I'm talking about applying a refund to the next year, right on the 1040. I've filed returns in October and covered any missed estimates and not had any problems with late payments since they were all deemed timely paid.

Amounts applied forward are always timely because the IRS already has the money.

Newbies need to learn that you should close ATX after every return. If you have a good computer, closing and restarting ATX should only take 15-20 seconds. I sometimes close ATX in the middle of large returns because I can feel it slowing down.

You don't need to delete the efile form, just create the efile again and the submission ID will update to 2021. At least, that's worked for me 100% of the time for the past 7 years. You must have started working on this return in 2020.

Well, when you reboot your computer these services are all restarted anyway, but you restart them in Windows Task Manager in Control Panel Services. Speaking of task manager, keep it running so you can see which programs or hardware (CPU, Memory, Disk) are causing the slow performance. You can sort by CPU usage, memory usage or disk usage so the programs are sorted by whichever us using the most of that resource.

Try this: https://returnquery.atxinc.com/ Don't enter any dashes in the ID#. If the status online is different than in ATX, click on rehang, then wait about 10-20 minutes before receiving acks.