Possi

After 15 years, my HP LaserJet 1300 is starting to mis-pick paper. It's time to replace it. I only use HP products. If you are using an HP LaserJet printer, and you love it, would you please tell me which one you like? I don't trust myself without some other input. Thanks!

Wow, I never even considered the impact on the state returns. I have military clients, lots of different state returns to do. Hmmmmmmm

Well, I don't know much but I know this much. You can tell TT that your health insurance was unaffordable and BAM, no penalty. Not just this year. I lost a client over that. Another client this year can't print her TT return without paying for it. "Free" isn't always free. Where in the world is that $557? I'm curious now, but no time to chase it.

I should have looked at these topics first. I was in the wrong topic. I have it now, thanks to you all.

Taxwise program is no help on this one. How do I find the lowest cost bronze plan so I can be sure my client can take the exception? Is there a link somewhere?

I can't find instructions on assembling this GA paper part-year tax return anywhere! Do I have to include the W2 from the "other" state?

Can I take a portion of mortgage insurance on a home office? I don't see anything saying I cannot.

That's what I am doing with my clients. Thanks. That's very helpful!

My returns will not efile with that deduction. I think the decision is still on hold. Anybody know?

Thanks. The 8606 will be next year. Last year, (he wasn't my client) his compensation was $550 and he put $500 in a traditional IRA. The deduction was not taken, it was overlooked. I'm thinking of not fixing it because it's such a small amount, not worth amending. It's a big tax return, and would take so much time to re-do it wouldn't be worth my fee to him. Thanks again for the quick response.

I have a new client who contributed to a traditional IRA. He is a new realtor and netted zero income. All other income is pension and unearned income. So, he is not allowed to contribute to an IRA. He will take the money out to avoid a penalty, but what will happen when he takes it out, as far as next year? Will he get a 1099R? If so, he will have already paid tax on this money. I don't know why, but I can't anticipate this.

I LOVE YOU, RITA BALDWIN... aka... you know...

Back to the books! LOL LOL

Me, too! LOL

How long do they have until they decide on extenders that are still hanging for 2017? Forever? I wish we could fire every single one.

I opted out of the PTIN directory. Maybe that's why I'm not getting these.

I do this, too. If they decide to take over another unit as personal use, it's already split as well. But mainly for the assets. And for the fees. I do love money. LOL

Sara, I missed a 1099 in my client's paperwork. Her penalty alone is over $650 (which is my responsibility, of course). My question is this; when she sends her response with the 843 I'm filling out for first time abatement, should she send the taxes owed WITH OR WITHOUT the penalty payment?

Other than asking Adobe, how do I know Adobe E-Signatures are IRS compliant? I'm looking for an efficient, affordable way to have my remote clients, and Adobe looks like it would work well for me.

Perfect. Thanks so much. This has been a real learning experience.

That's true. Good advice. Still, am I wrong in saying the 8919 won't work for this issue because the W2 WAS issued?

Judy, do you remember how it was finally concluded? Was the W2 changed? The employer was just made to change this to a W2 recently. I have a feeling the box 1 wages will be grossed up for FICA that wasn't withheld. My client wouldn't have the wherewithal to contact the old employer, and wouldn't have a clue what to ask. I suppose I could call the company. I can be southern-sweet and non-threatening.

I agree, and do not want to do a disservice to my client. I'm not trying to do this the easy way, I am trying to do this the right way. The problem I have is that the income that was originally on a 1099misc is now on a W2, but nothing is withheld. I am assuming the 1099misc has been corrected to zero out the income that was later put on a W2. I believe the employer has no clue how this was supposed to be handled, and slapped out a W2 to satisfy the IRS with no regard for what is correct. (This is the original filing of the 1040. The IRS has requested the tax return. They will lose their big, fat refund.) The 8919 covers wages with no FICA or Medicare withholding NOT reported on a W2. That is not the case. This income IS reported on a W2. And, may I also say that it makes me a little bit sick that a lazy employer has put this burden on me? I am so grateful for all your help. I truly am.

Well, there won't be an amended tax return because this is the initial filing. Since they didn't address FICA in the W2, all zeros, and the W2 is not a "corrected" W2, I see this turning into a rat's nest. I bet the 1099 they issued was never corrected to zero, either. But we shall see when this all shakes out. They won't recover the FICA, so that's why I thought they er would have grossed up the box 1 wages. In the meantime, do I file this return as the W2 is written? I don't think there is anything else for me to do.

My client didn't file for 2013 and I just received his information to file the tax return. In this paperwork is a letter from the employer saying that an IRS review demanded that they reclassify my client's income from a 1099MISC to a W2. The problem for me is that there is nothing withheld for FICA. Of course there is nothing withheld PERIOD, but the FICA is concerning me. "Statutory employee" is NOT checked, either. So, what do I do with this? When the IRS classified him as an employee, did that not demand that the employer pay their portion of FICA and include it on the W2, (also bumping up the box 1 wages by that amount)?