Randall

I just realized that Ky 1040-X returns are mailed to Kansas City, MO.

I'm not sure how the corp fits in with this. Where are the properties titled? I have a two member LLC who is the single member of several other single member LLCs. The properties are owned and titled in the single member LLCs which are disregarded. One 1065 and one Ky 765. But Ky does require a Single Member LLC form for each and wants the annual $175 for each LLC. A corporation in this mix would seem very messy.

Too much trouble. My business line is a land line. My cell phone is my only personal line. I use to check email and text some for business. I think the young people are savvy enough to use email. If that's a deal breaker, ok. I'm old too and not too long left in the game. I can easily save email or a thread into a client file. Copy or tracking a thread in text, I'm not sure how. I did it once by copying and emailing to myself. But as I recall, I had to copy and email each text in a thread to myself. Hopefully there's an easier way.

Thanks for the post LionEA. Hopefully they can get thru the backlog soon.

Has anyone heard when the IRS will start looking at the paper returns and processing them?

I don't like texting with clients. Only a couple have my mobile number. My preference is email.

I have a client who received $2400 right after spouse died (April 20). I told her to hang onto check or deposit it and wait. The IRS Q&As say send a personal check for $1200 but I've heard other things that she may be eligible for the whole $2400. I'm waiting for clarification on the eligibility determination date.

Does the K1 have the client's ssn or a trust EIN?

When is a recently deceased person eligible for the stimulus? I have a joint client who just received the stimulus check for $2400. Her husband died April 27. According to IRS questions, receiving the check after death, the check must be returned. For joint filers, they are to deposit the check ($2400) and write a personal check for $1200 and return it with the proper endorsements and explanations. Is there any official date of determination when a person is eligible for the money regardless of having died shortly after?

This happens a lot. The client doesn't have a clue. Not a problem if there is no loan. But with a loan, I would think the bank would have to have a new loan processed. They're probably not going to want to do that. If there are partners, they should get this titled correctly and the loan too.

My first drive (C) is an SSD, 500gb. I have a 2nd internal drive (E), 3t. All programs on C drive and I let ATX put backup and files on its default method, which is the c drive. I put all my docs (pdf) on my 2nd drive. Plenty of room. I also have two alternating external HDs for backup, 4t each.

Thanks for the info. I looked at ATX news feed and didn't see this. There are two things I missed. I entered actual interest from 1099-INT instead of overriding with $1. This prevented the note at the top. And it prevented the bank info to go on the 1040 since there was no refund. Other than that, I think she's ok. I did insert a note at the top myself using the insert note function. The return went thru the normal efiling process so I assume she'll get the stimulus, just a check instead of direct deposit.

I didn't see a separate return for the simplified return. The client did have a 1099-INT for $54 so I entered the info and was able to create an efile. I also used the 'insert note' function to type EIP2020 at the top of the return. Does anyone know if these notes are included in the IRS data received in the efile? The efiling went thru and has been accepted. I was just curious about the note inserted and the efiling process at IRS' end (for future reference).

I'm wondering if the states and local jurisdictions will follow along this time.

I gave up long ago too. It can't go on forever although all the smart people seem to think so. It's going to be crash and burn. All the king's PHDs and all the king's algorithms won't be able to put Humpty Dumpty back together again.

Unbelievable. Another $3t of debt.

Where in ATX do you mark to include the text EIP2020? I'm not seeing it in the main data screen.

I agree John. They've had to rush a lot of things. I think the IRS is doing the best they can. There's a lot of things to sort out yet.

Thanks.

Thanks. I briefly looked, didn't know if it was a separate Form 1040. So I'll check.

For the record, I probably won't charge. A long time friend of the family. But I was leaning toward doing the actual return thru the software. I assume when this return is efiled, IRS will automatically put her in for the stimulus check. Does anyone know? I think I read somewhere that returns filed by Oct 15 would get the check in advance. After that, they would have to wait to include it on their 2020 return.

Yes, you have to take the time and pay for the envelope and stamp. Life's unfair. Just kidding.

I think the question 41 answer from TKTax's link is a better way. Put it in a separate envelope and mail to the address listed. Also mark the check VOID in the endorsement section and include a note for the reason for returning the check.

I thought of that as an option. I wasn't sure how that worked from a 3rd party's computer. Haven't caller her back yet.