Marie

Did I mix up facts too much? As ATX does it, if net loss of partnership and 179 deduction, the 179 deduction does not flow to the K-1. Does that mean it can't be taken against other income on the partners individual income tax if he has other business income? Or do I put in manually

Partnership has an ordinary loss so 179 deduct doesn't show up on the K-1. But both partners have other business income on their individual return. Is the 179 deduct allowable on their 1040 against other income, even though the partnership income is negative? Do I need to manually put in the 179 deduction on the K-1. I've tried and it isn't an override.

need to correct EIN for one, SS # for another.

anybody else have this problem, or just me. is it a tech problem?

Error says have to carryforward small business credit. the worksheet is carrying it forward . What else am i supposed to do to fix?

I use ATX--trying to efile a 2016 return. Error says my submission year should be 18 instead of 17, but I can't find where the submission year is so I can change it.

I didn't fill that stuff in, the program put it in by my marking the student/dependent had educational expenses

no, school address is there. the error specifically says the student's address, city, zip, etc in that box it says: Student's name Joe Smith Students SSN 111-22-3333

Filling in education credits for two dependents - same family. One gets AOC, the other lifetime When checking the return, it errors saying the students address needs to be put in on the education input sheet. But I can't override and can't find where I go to put it in. The kids' address is the same as parents, they are listed as dependents and are of the right age. when isn't the address carrying forward to that screen?

I HATE THE NEW FORM. THE ONE PAGE FORM FOR THE PROPERTY TAX CREDIT TURNED INTO 3 PAGES

The MO forms are slow being approved. Is that the same with other states, too?

Keep going over this worksheet, getting my silver and bronze plan figures, and it seems to just run me around from tab to tab. Line 10, if there is a silver amount, does it always go in. Most of the time, putting that is always makes Obamacare affordable and no exemption for unaffordable. Anyone have something easier?

I am having a terrible time with that worksheet, the penalty, figuring if affordable. Instructions are very confusing!

Can this preference be turned off, or does it have to be done on each individual payer?

yes, and i finally got the worksheet to work, thanks

having trouble with section 3 in the input of the form on ATX.

Having trouble with the form. I'm selling acres for 190,000 and buying acres for 175,000 My cost in the initial acreage is 100,000. So my gain would be 90,000 but because i am not putting all into the new acreage, I think I have a $15,000 taxable gain. Can't seem to work that out on the form. Are my figures correct and anyone have any forms or suggestions I can use?

Client receives $100,000 for hail damage on farm building. Building is not damaged enought to replace so he does not replace, just keeps the money. Farm building has no basis, all depreciated out. Client has to pay taxes on all $100,000. Is there any way to recoup any of this. Can the $100,000 be added to the farm building and depreciated. If he had replaced the building and only spent the $100,000, there would be no tax, correct? He did build another shed, but it had nothing to do with the hail damaged farm building. any help here?

No, 2016 assets I want to pick and choose

Does no one else work with the depreciation figures. I have farmers who do not need excelerated depreciation in the beginning, and loans are set up for longer periods, which we try to do depreciation length as close as we can get to the loan period. Last year i could pick and choose between 5 yr, 7 yr, 10 yr, etc and change from gds to ads. Did the law change or the software?

I want to elect out of macrs and use straight line. on 10 and 20 year property I want to use sl/ads, but on 5 and 7 year property I want to use sl/gds. the program will only let me decide one or the other. I can't pick and choose. . I have other years, but this year it is select all or pick form SL/ADS, and the SL/GDS is shadowed so i can't do anything. is that the it is supposed to be or is there a glitch?

I HAVE DISABLED WHEN I THINK OF IT, IS THERE A PREFERENCES CHOICE TO MAKE FOR ALL INSTEAD OF EACH ONE?

rolled over another and again it was marked to hide the first five numbers on recipient's copy. Dont like ATX making that decision for me. Having to take chek mark off all i haven't dont yet.

my thoughts, too, but the ATX software auto marked all that i rolled over.

option to hide first five numbers, was marked already when i downloaded software. had a hard time finding the check box, but finally did. What is the feeling, hide or no?