Abby Normal

Yes.

From a reply to an email I sent to MD tax pro help: Currently the form 502LU is being developed and will be completed within 2 to 3 weeks. At that time paper returns should be filed to include the 502LU deductions along with the 502LU form. If a return has already been submitted which included the unemployment as being taxable you should file an amended return. You will need the form 502LU which is still being developed. Taxpayers will be given credit for any withholding on line 40 of the form 502. So MD returns with unemployment will need to be paper filed. It sounds like MD doesn't expect to reprogram their computers for this new and temporary form.

MD just passed a law last week making unemployment not taxable for singles with federal AGI less than 75k (100k joint) and MD hasn't even released the new forms yet. Who knows how long ATX will take implementing the new forms.

Technically, we were never supposed to put refunds of prior year deductions on Sch A. They're supposed to be other income. But I always felt that if the deduction and the refund were in the same year (like a house sale), then netting was fine. Will it also reject if the negative is in an itemized list, but the list adds up to a positive number? I know it's more work and it's harder to review but it could be a work around.

Without seeing screenshots of the errors, I'll just say that there is a foreign section farther down on the K1 Input form where you have to enter additional info.

To avoid matching notices, on person whose SSN the interest and dividends are reported, report the full amount and nominee out half to the other person. I've never done that on 8949 but there is an adjustment field there as well.

Yes, if you're under the 85% taxable limit or just over, it matters and you'll have to override line 3 of the SS worksheet by subtracting 300 from whatever is there.

Besides, moving investment income to the spouse should result in lower tax than leaving it all on one.

Correct. It clears the print queue in addition to restarting the spooler service.

I think you'd have to split the investment income to be proper, but I've never had to research that. As an aside, this is one of the reasons I discourage joint investment accounts. The other is when one spouse dies, it's much easier to see the basis step up.

You could put this in a bat file and put a shortcut to it on your desktop. Or even this more complete version that clears the cache too: You can clear the print queue using commands like this. Select Start. Type Command. Right-click “Command Prompt” and select “Run as administrator“. Type net stop spooler then press “Enter“. Type del %systemroot%\System32\spool\printers\* /Q then press “Enter“. Type net start spooler then press “Enter“. I found a batch file you can download: https://www.tenforums.com/tutorials/90615-reset-clear-print-spooler-windows-10-a.html

Here's the 2019 Pub 463 section for depreciation component of standard mileage. The IRS hasn't gotten around to releasing the 2020 version, yet. https://www.irs.gov/publications/p463#en_US_2019_publink100034059

How else will you keep track of the depreciation component of standard mileage, which you will need at disposition of the vehicle? IRS knows that most people don't report the gain or loss on sch c vehicles, especially the split use personal/business vehicles.

In my experience it seems to be 6 days. As for reasoning, the only thing I can think of is that is cuts down on the EFC having to do a reject on a return that has an outdated form in it. In practice, for the way we do things, almost every single efile will need to be recreated, and that will add up to a lot of hours over the year. And I'm always worried that when I reopen the return, that the tax return will change, due to a form update. I've been opening the PDF of the return and checking to see that the refunds or balances due match what I'm seeing on the screen.

Correct.

I'm wondering about the classic situation of an ex-spouse claiming a dependent they're not entitled to. We used to just paper file, but that's not practical with the IRS backlog. So I was thinking, efile without the dependent, then efile an amendment with the dependent, and was wondering if anyone here has tried that.

If the tax is right on the return, regardless of how I got there, I almost never amend the return.

NEVER SURRENDER!!!

I got that message a couple times earlier this year but not recently. I just ignore it and keep working.

Alternately, you enter 1 for wages on the W2 screen and IRS is cool with the efile. Then you just have to handle the state withholding.

Just override that line. I never use the 1099SA form. I've actually linked line 15 to 14c so I only have to override total distributions on 14a and I'm done!

Way too complicated. Just use a blank line on the line 25 federal withholding worksheet (it will show on line 25c). And do something similar for the state. If itemizing, also add state withholding to Sch A worksheet.

Enter it as an other payment in the taxes paid section. IRS might still send a notice but total payments won't change. I've gotten these notices before.

I already did.

Our software won't even allow us to efile without the 8867.