TAXBILLY

Excellent! I needed a laugh today. :~) taxbilly

The key to the NOL is to take your time and go over the worksheet line by line. I always pull up the instructions to guide me because, as you say, we don't do these every day. Most NOLs are not as involved as Helow's which was due to the client procrastinating and losing the option of going forward rather than carrying back. I don't like carrybacks because it usually opens up a can of worms for the IRS to question. taxbilly

This is where the action is. taxbilly

I love it too! It'll save some time, a commodity which is quite precious to us. taxbilly

The 941X is in the ATX program. taxbilly

Now that's funny! taxbilly

Thanx for the update about the update! Now I can get rid of 7 returns and et paid. :~) taxbilly

H: 1) Complete the NOL worksheet in the 2007 return. 2) The NOL you get will now go to the 2005 return on lin 21 as a negative amount and you can generate the 1040X. Be sure to attach the 2007 NOL worksheet. 3) Complete the NOL worksheet in the 2005 return to see of you have a carryforward to 2006. 4) If you do, repeat step 2 for 2006. 5) Repeat step 3 in the 2006 return to see if you have a carryforward to 2008. Hope this helps. taxbilly

It's advisory to let you know if you need to change it for state tax purposes. taxbilly

It is 52 and rising. Should hit 65 today. taxbilly

K: I do the same as you. It'll keep away any network headaches. taxbilly

http://search.irs.gov/web/query.html?col=a...mp;qt=TIMESHARE taxbilly

Had the "freeze" problem (the program, not the ice) this morning for the first time. I control, alt, delete out of the program and restarted and everything is back to normal at the moment. taxbilly

Thanx. taxbilly

Welcome back. We haven't seen you in awhile. I think it was the same programmer who decided to add extra clicks to Schedules C&F under the section of other deductions. taxbilly

The property appraiser's office would be of help once you find out the dates. taxbilly

Details are not available yet except the credit was increased from $ 7500 to $ 15000. taxbilly

E: You don't look a day over 43! :~) taxbilly

http://www.pcmag.com/article2/0,2817,2338803,00.asp taxbilly

Our Denny's gave out rain checks to people standing in line when they realized they couldn't accomodate them in a timely manner. taxbilly

Got my free breakfast yesterday at Denny's: http://money.cnn.com/2009/02/03/news/compa...akfast.fortune/ taxbilly

My parents bought me a car when I was 20 so that I wouldn't have to take the bus and subway to college, a two hour trip each way cut down to 45 minutes. It was a Plymouth Belvedere that they bought for $25 that had part of the floorboard missing and had a gas tank leak which forced me to park with the right rear wheel on the sidewalk if I filled it too much . One day coming out of school I saw the NYC Dept of Sanitation truck about to put the car on the hook and tow it away because someone called and said that obviously it was an abandoned car! I rewarded myself later in life by buying a Lincoln Town Car. taxbilly

(That's when the president tells us something else is bad, not when the president himself is a disaster.) Very good j ! taxbilly

The danger in putting 1099-MISC income subject to SE tax on line 21 is that the software does not know it is earned income for EIC. taxbilly

ATX is aware of the problem: http://techkb.atxforms.com/TSTKB.nsf/0/75d...56?OpenDocument taxbilly