Marie

Client's husband died 10 years ago. In 2019, she finds out that he set up his retirment plan with his company for spousal benefits. When he died, she sent the death certificate, but the company failed to send her the money she was entitled to. Now they have realized that she is entitled to this pension, and have paid her 10 years worth. If she had received it in annual payments as it was set up, she would not have had to pay taxes as her income was too low. Now, since she received 10 years worth, her tax liability is substantial. Is there any recourse for this?

MY GUY IS 19, AND A STUDENT

I didn't think so either, but he received in the mail. mother claimed him 2018, and 2019. How many other mistakes are being sent out, and how many realize it, or will send it back.

A dependent on his mother's return, he is 19 and goes to college, made $8000. He received a $1200 stimulus check. Is that Correct?

YAY, THANKS

CAN 2017 AND 2018 RETURNS STILL BE EFILED?

IF i FILE HIM MFS, CAN I STILL PUT THE CHILD AS A DEPENDENT AND CLAIM THE $500 TAX CREDIT? SORRY ABOUT THE TITLE

so should he married filing separate?

does no one do these? lots of view, no opinions. please, I need some guidance

Worker has a us visa, and a social security carn valid for work only with DHS authorization. He has a wife and child, who both have itins, but live in Mexico. He lives in the united states and has for at least 3 years. Do I file them joint? with child as dependent? does child only get the $500 credit for a dependent since the child doesn't live in the US? Any other things I sh ould ask?

previous preparer is not in office currently because of the virus. I think father is going to help son pay the tax bill. It would days of work to figure out and I didn't make the mistake

yes, that's how I thought, just looking for something else to help the son out. It was just a mistake on the previous tax preparer, but nothing to do about it now, I guess. thanks

Father and son were farming. Previous preparer depreciated machinery as if the father owned, but it was actually the son's. Now son has sold the machinery. Father is gifting farm machinery to son. Basis is very low as most has been almost depreciated out on father's return. Son receives father's basis as his basis. Son has not depreciated gifted machinery. If son held for more than 2 years, could he sell the machinery as capital gain income? Does son receive his father's long term basis, maybe?

NEVER MIND, GOT HELP FROM ATX

Doesn't anyone else do farmers with dairies?

Now when I override, I'm getting numbers that don't add up. It's all screwed up. Must be missing something?

DPAD from milk coops like DFA goes on line 38. Before the update on March 20, I would fill in on line 38, it would add to 199A deduct and had a total. Now since the update, I get an error saying that line 38 can't be more than line 33 minus line 37. ok, but the program doesn't auto fill and I have to override to get the numbers in the lines. Is anyone else having this problem? Am I missing a tab to fill in?

Most do not want the ACTC, so I delete the 8812 from my return.

Can a superceded return be efiled in ATX? Forgot to put in the estimate payments

yes, atx thanks

can i still efile a 2018 return?

OK, GOOD, THANK YOU

S corp farm sells part of the land it owns. How is basis figured. S corp basis, or each individual shareholder's basis. (just land, no depreciation recapture) So is basis figured on the scorp's 8949, or is the total sale reported and each shareholder figures his cost?

ok, thanks for responding

Has no one ever seen that? What is it for? Also how does everyone else keep track of those IRS263 purchases.