TAXBILLY

Thanx for the info. taxbilly

I also agree. taxbilly

It's probably a good idea to have him sign the memo for your records. taxbilly

I had no problems with the update. taxbilly

Microsoft ( www.microsft.com) confirms the 2014 date. taxbilly

KC; Hang in there. We are with you. taxbilly

I would wait for now to see which way the IRS wind blows. taxbilly

Thanx for the info. taxbilly

Doing a 1041 where one of the beneficiaries refuses to give his Social Security number. Now what? taxbilly

Good one!! taxbilly

I refer my clients to the IRS for stimulus questions. taxbill

M; Thanx for the info. taxbilly

Sounds like fraud to me. If the IRS comes after your client use the innocent spouse rules. taxbilly

Income is reported in the year received (constructive receipt). taxbilly

Form 1310 is required. taxbilly

Are you in the will?? I would do 2004 only at this time because it dies April 15th. taxbilly

Never saw one without box numbers but if this is a civil service pension you would put the gross on line 1, the taxable on line 2. The health insurance premiums would go on schedule A. taxbilly

TRX is wrong. taxbilly

The warning is in blue so it's not a show stopper. It's just making you aware of the over 13 rule which doesn't apply to a disabled dependent. In fact, if you look at the instructions for 2441, you will see you can take child care up to the the child's birthday even if he turned 13. taxbilly

Self-Employed Health Insurance Deduction You may be able to deduct premiums paid for medical and dental insurance and qualified long-term care insurance for you, your spouse, and your dependents if you are one of the following. A self-employed individual with a net profit reported on Schedule C (Form 1040), Profit or Loss From Business, Schedule C-EZ (Form 1040), Net Profit From Business, or Schedule F (Form 1040), Profit or Loss From Farming. A partner with net earnings from self-employment reported on Schedule K-1 (Form 1065), Partner's Share of Income, Deductions, Credits, etc., box 14, code A. A shareholder owning more than 2% of the outstanding stock of an S corporation with wages from the corporation reported on Form W-2, Wage and Tax Statement. For self-employed individuals filing a Schedule C, C-EZ, or F, the policy can be either in the name of the business or in the name of the individual. For partners, the policy can be either in the name of the partnership or in the name of the partner. You can either pay the premiums yourself or your partnership can pay them and report the premium amounts on Schedule K-1 (Form 1065) as guaranteed payments to be included in your gross income. However, if the policy is in your name and you pay the premiums yourself, the partnership must reimburse you and report the premium amounts on Schedule K-1 (Form 1065) as guaranteed payments to be included in your gross income. Otherwise, the insurance plan will not be considered to be established under your business. For more-than-2% shareholders, the policy can be either in the name of the S corporation or in the name of the shareholder. You can either pay the premiums yourself or your S corporation can pay them and report the premium amounts on Form W-2 as wages to be included in your gross income. However, if the policy is in your name and you pay the premiums yourself, the S corporation must reimburse you and report the premium amounts on Form W-2 as wages to be included in your gross income. Otherwise, the insurance plan will not be considered to be established under your business. taxbilly

Did you check that he was disabled on the dependent sheet? taxbilly

http://www.irs.gov/irs/article/0,,id=177937,00.html taxbilly

I would think that if you qualified as a real estate professional you would be able to take OIH on Schedule E. taxbilly

Have the client call IRS and they will call the employer directly. taxbilly

When Henry & Richard were running the show it was a good company. Good customer service has been replaced by greed and arrogance. taxbilly