TAXBILLY

It's 75 and a beach day today but I have my own pool. :~) taxbilly

Your address is where you live when you file your return. No state return where you live since you had no income from that state. taxbilly

I believe it's an option. taxbilly

I believe the date is 11/30/09. taxbilly

Oops, dropped my 3! :~) taxbilly

Page 2 says 27 1/2: http://www.irs.gov/pub/irs-pdf/p946.pdf taxbilly

Thanx. Found it! taxbilly

One can apply the refund to next year and then reduce withholding. taxbilly

You might want to hold off on the NOL if you plan on carrying it back. The new law which will be signed by the President Tuesday, has a provision for year 2008 only, to carryback 5 years instead of 2. taxbilly

Some plans have a hardship provision where the participant can borrow the money and then pay it back. Your client would have to read the plan that she received from the employer. taxbilly

Can't seem to find the worksheet on the lower left list on Schedule D or is it me? I have a client who had taxable income of $1737 and the tax was zero. At first I thought there might be a programming error but then realized that this worksheet kicks in since he had qualified dividends and a stock sale. I was able to download the worksheet and did it manually to verify that the tax of zero is correct. If it is not in the program it should be and I'll notify ATX if that is true but I don't want egg on my face if it is actually there in the program. taxbilly

Sounds like someone is starting an internet rumor. Just what we need this time of year. taxbilly

Don't see how SSA can handle it because it does not affect only social security recipients but also those who receive disability well as retired government workers who are ineligible for social security. I suspect we will be filing returns similar to last year. I'm not complaining ... more money for us. taxbilly

I've used databazaar for years without any problems. They are located near Miami so I get my cartridges the next day but I did order three last week to get me through the season. I'll be checking them carefully. Thanx for the heads up! taxbilly

Why do you feel like an idiot? Are you supposed to have a crystal ball and foretell what Congress will do or not do? I had a client once who bought a crystal ball for her business. Before I finished her return she asked if she was getting a refund. I said don't you know? There was a hesitation and then she said the crystal ball doesn't work for her, only her clients! taxbilly

As I understand the post office system, they work from the bottom up in the address. So it gets sorted by city and state, then the next line up. If the PO box is on that line then that's where it is delivered. taxbilly

But it wasn't a sale of a principal residence since you said they never lived in it. I would enter it on Schedule D just like you would enter a sale of long term stock and make the cost basis the same as the selling price. taxbilly

Don't know if this worksheet is helpful: http://www.vetscher-cpas.com/marykay/maryk...maryMaryKay.pdf taxbilly

It's in here: http://tax.cchgroup.com/Legislation/House-...ry-Act-2009.pdf taxbilly

You're welcome. taxbilly

You are correct Don. I have the number 7500 stuck in my head! taxbilly

No, but I got it in an email from them. I don't know if it is because of ATX. taxbilly

If you put in wv it-140 it pops up. taxbilly

http://tax.cchgroup.com/Legislation/House-...ry-Act-2009.pdf taxbilly

It's in my program. When did you last update? taxbilly