Randall

I'm getting the warning too but it's in yellow, not red. So for KY, no problem. I'll have to get the info for my OH clients and I have one for AL.

I don't have too many. But the truncated SSNs are only on the client (Payer) copy. So I've been leaving them truncated.

I've already experienced this!!

Thanks, I hadn't checked it yet for this year.

Last year, Alabama required it. Ohio requires either drivers license number or an email address. And the email address can be the paid preparer email.

Do you complete a 1099 with only the name and amount paid if you don't have ssn and address? I think I've done this in the past. The client would later receive a notice regarding missing info. I was wondering what can you do.

I agree John, a moving target. I think I had 2-3 last year. I don't think we can do anything other than prepare the returns with the penalty and go forward as Jack said.

Trump has signed an executive order that instructs agencies to stop enforcing the penalty. I'm not sure of the details. But I was wondering how that affects us preparing the returns. Do we calculate the penalty, include it in the clients' returns. I'm thinking we still have to do so. I would assume the executive order would have to do with the IRS, not us. If a client has a refund due of $1000 and has a $200 penalty, would the IRS refund him $1200? Or if the client owed $1000 and had a $200 penalty, client paid $1000, would the IRS refund him the $200? Would we even be able to efile the return without the penalty info included?

Thanks. That's what I told the client (would be household employee) but wanted to double check. I told client it would be easier to go thru a company who provided the service and not just a particular individual.

Would an in home healthcare worker be considered a household employee? If not, an individual would not be required to issue a 1099, right?

Currently using W8.1. I'll go W10 when I buy a new system. I keep my previous computer for the back years. Only bring the current year ATX onto the new computer so I can rollover the next year. For QB, can't get some clients to upgrade. Some are still using a real old version of QB. I don't think the Accountant's copy is compatible except for one year back so I have to use an older QB version if I want to use the Accountant changes function.

Definitely not recommended. Since I started getting computers with two HDs (a SSD and regular HD), I changed the ATX to D drive the first year. But ATX was putting things in the C drive anyway and I learned the hard way it was not good. After that first year, I put ATX on C drive and kept everything to do with ATX on C drive. I put my PDFs on the other drive and copy the ATX backup files to my other drive and also onto my external HDs. Same thing for QB and other programs, all on C drive. The software just has too many things going on interfacing that I will never be able to follow. Let the software do its thing all on the one drive.

I don't know enough of the technical stuff to do this. But I've suspected a lot of this doesn't get you back to where you were. I copy all my data and files on external HDs. In the case of a computer meltdown, my plan has always been to buy a new system, install my programs and copy my files onto the new system.

I use Acrobat Pro. But also ShareFile (is FileShare the same?). My question is how safe is this? The client uses his email address as his id and then creates a password. But can someone else intercept the notification email, click the link, enter the client's email address and create his own password? I've been wondering about that.

Ok, that explains it.

I think ATX will be accepting returns on 1/20 and holding them until 1/23 to submit to IRS.

Not sure how this can be. Maybe the acks are coming from the software company who are holding them until the 23rd. Not really an ack from IRS.

I see the full SSN is on Copy A (for IRS) and Copy B (for recipient). XXXs appear on Copy C (for payer).

Not sure. I'm wondering if recipient should review and check the info on the 1099.

I have a spreadsheet for my passwords too. I'd never be able to remember all of them. And some require changes every 3 months.

I have the 80hr over two years requirement. But I try to get 40 each year. I do a little in spring and summer but most in Nov/Dec. I do a lot on line (some live).

I have a Windows PC and use QB. Clients who have Windows QB can make an accountants copy for me. Clients who have Mac QB can convert the file to Windows but can't make an accountants copy. These clients have to enter their own adjusting entries I give them as opposed to sending them an Accountant's Change file. Unless QB has changed this from their Mac version recently.

Ok, thanks.

I understand that a person taking RMD can withdraw the total required amounts of both accounts from only one of the accounts. Is there anything special required to do this? Can a person simply calculate the amount for each account and take the total amount as a distribution from one account? Is there anything needed to provide to the account where no distribution is made? I assume IRS receives 2 Forms 5498 and one Form 1099-R and as long as the total distribution meets the minimum of both accounts, they are satisfied.