TAXMAN

Anybody else have this problem. Set printer in devices to print both sides. Told program to print to this printer. It duplexes some pages but not all. Then went to program(ATX) and told it to print both sides. Got same results both times some pages yes other pages no. Anybody got a feel for this? I know if I put the return in PDF and print, it will duplex every page. Thanks

Thanks Gail. I will change office policy to Do you want to give this info.

At a meeting informed that they were going to use this and 5#of ss and 4 letters of name to verify it is YOU. Was not told it was optional.

Jack, that doesn't always work here in VA. They do not like sending out checks.

Virginia preparers, I notice that on page 2 it wants DL #'s just like on Efiles and ifiles that VA has. If the first 2 #'s are 00 it only puts in last 3 and there is no warning that we left it off. How are you handling this? Ask client or make a copy?

Now that we have had a chance to look at several forms are there other ideas for customizing?

also watch for the age restriction if qualified and moving expense if you have them. Overall Virginia part year is not really complicated.

Can you give us an idea on the 3115 customization? I like the others and will look for them.

Just a quick clarification. Jacks note above says no more pretax health ins. Are you saying this only applies to the S-Corps? What about the Schedule C guys who bought ins through an insurance company for his employees. They pay one half he pays the other half. How should this be handled?

Agree with Gail

Question? if you make this election are you still required to file 3115 if there are no 481 adjustments?

My question might be: How in the world is IRS going to check all this stuff when we have a hard time grasping onto the various situations presented to us. I don't like being the K-9 unit. Just my 2 Cents

Yes I am still using Microsoft word 2007. I am printing some envelopes and cannot figure out how to add: "Tax information Enclosed" to the bottom of the envelope. Anybody know a quick way to do this. I look several places online but it all seems like I am dumb as a box of rocks.

Thanks guys. Me thinks I will wait till season is over then give it a try on one of our less used computers. Yes I will be bring in 2 newbies this spring with the ssd installed but os on them.

Is there an easy way to get all items from my hd to the new ssd?

I am really sorry for your situation. I was placed in this situation 15 years ago with my father. I was thankful for the medical directive but it still did not make it any easier. I still have thoughts about it today when I hear of these. I get by with prayer, help from my friends and a thought that he now has no more pain or illness. I will keep you in my prayers.

Joe small time cash basis farmer has equipment, supplies, REPAIRS. He expenses out supplies when bought. Dep. 99% of equip. On repairs we look at each item. Is the 3115 required for him. All old dep set up under farm rules. What do you think?

If we include these premiums as wages subject to all the taxes can shareholder still take the above the line deduction instead of Sch a medical?

So are we saying that a child that only has SS income, is that that income is NOT to be listed as part of the household income?

I have husband and wife both over 65, that owns 100% of S-Corp. They have 2 salaried employees. S corp pays for h and w supplemental health care. Is included in their w-2 box 1 but not the other boxes. Dilemma is this: Employee 1, married cannot be covered on husbands insurance due to costs and can't get Obamacare due to cost.(she supposedly checked this out). Employee #2 has his own insurance. The S-corp does not provide any HE for anybody except as noted above. Does S Corp have a problem or not? I am not sure 100% because of discriminate rule. Any help here? Many Thanks.

What do you think is a good carrier for E&O ins? About 300 ret, no corp or ptrship and 2 bookeeping accounts?

Jack from Ohio, what did you use as a study guide for the 3 test?

There was interest on the note. TP just never bothered to report it in all the closed years. tp did receive those payments. Yikes what kind of animal have I discovered when all questions are asked?

Jack, TP did not own the land originally. A owed the land and borrowed the 35k using the land as colatteral. A used the funds to do other things which are no concern to me. I agree that the basis in the land to TP will be what ever the balance on the note would be. However what to do with all that unreported interest? Sch b 2014 showing all of it? Thanks

OK Here's what we got. TP loans to A 35k and holds land as collateral. A pays for 4 years and defaults. TP takes land 2012 and sells for 26k in 2014.( A still owed TP 26k). Land had a FMV of 30k at time of foreclousure in 2012. Futher research shows that TP DID NOT REPORT interest as income. This all took place between 2008 and 2012 except for the sale. How would you report this transaction due to the interest not being reported? Your thoughts. Thanks all.