TAXBILLY

>>the seller is saying there is no listing of purchase breakdown<< I would have him provide something to you in writing. taxbilly

The rules we are to follow: http://www.irs.gov/individuals/article/0,,id=179024,00.html taxbilly

Hope you have good liability insurance if you delve into d. taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

If it was paid in 2009 then it goes on the 2009 Schedule A. taxbilly

>>Property acquired from a related party does not qualify for the credit<< Not quite true although it is for a parent. A sibling would not be a related party for this purpose. taxbilly

http://www.irs.gov/publications/p501/ar02....ublink100041739 taxbilly

Have 2 to pick up today by noon. If they don't make it ... oh well. Three others waiting for info and won't be done today. Not my problem. taxbilly

May you have many more! taxbilly

I know it's hard but we all need to control our clients rather than to let them control us. taxbilly

Choose one as the server and make the other two workstations. taxbilly

The loss is not limited in the year of disposition. taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

But according to the article she won't be punished! taxbilly

http://www.usnews.com/money/blogs/the-home...ce-members.html taxbilly

>>I only got the 10% discount and now they are giving away 40 and 30% discounts.<< Could you point me to that? taxbilly

Thanx for the info, Wayne. taxbilly

Schedule E ownership information at the top, line 8. taxbilly

Don't see the advantage of a NY Corp vs NJ Corp. NYC does not tax non residents. taxbilly

<<What else could I have missed?<< Has your client (or you or the lawyer for the client) filed Form 56? taxbilly

>>TX has no state tax<< Is this website out of date? http://www.window.state.tx.us/taxinfo/taxforms/17-forms.html taxbilly

I would hand deliver the extension to the IRS office. That way there will not be any future problem as to whether it was filed on time, lost in mail, etc. If there are other beneficiaries I would suggest she take an executor fee because of all the work involved. taxbilly