TAXBILLY

Bingo! taxbilly

Why 1/6th of the credit? The credit only applies to the personal residence and not prorated across the entire property. taxbilly

You can get the manual in PDF form at the MY Atx Support Center. taxbilly

My take on this is that he bought two properties ... a rental with five units and a personal primary residence. The credit of 10% of the personal residence cost could be taken if he otherwise qualifies. taxbilly

Good one C! taxbilly

May you have many more! taxbilly

IRS pages re OIC: http://search.irs.gov/web/query.html?col=a...r+in+compromise taxbilly

Here are some, many of which are free to try out: http://download.cnet.com/1770-20_4-0.html?...me=&filter= taxbilly

Thank you ladies. I hope all of you had a wonderful day. taxbilly

to all the mothers. taxbilly

May you have many more! taxbilly

Are you saying that the client reported the original 1009-MISC income instead of what she actually got? taxbilly

Eric: Thanx for the visual. taxbilly

Line 2a, second entry. taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

The new law for the above the line deduction refers to sales tax deduction for new vehicles. taxbilly

If there is a local IRS office they can take it there. that usually speeds up the process. taxbilly

How can a leased vehicle be a purchased vehicle? taxbilly

CPEDepot looks like a pretty good site. taxbilly

http://www.atxcommunity.com/index.php?show...ng+client+files taxbilly

Joan: Thanx for the info. taxbilly

May you have many more! taxbilly

May you have many more! taxbilly

Thank you for the clarification. That's all I wanted to know. :~) taxbilly