NECPA in NEBRASKA

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Thanks! That did make me feel better. It is so hard because he is just destroyed mentally and physically and it takes so much time to help him look for and apply for jobs. Everything is online now and he is not an expert like me with the Internet. Thankfully, I got my step-daughter to come over this weekend and help him with a resume. He has applied for 4 jobs now online, they are less than 1/2 of what he was making, but if someone will hire a 60 year old they will get a very hard worker with a good work ethic, not like some of the young ones. I can only afford to take one day off after 4/18 anyway because of quarterlies and personal property tax. Hopefully it will not be raining at Veranda Beach.

Thank you.

We can't drop the insurance because of his health. His ICD will need a new battery in a few years and the charge is huge. We also still have a 16 year old son. I can't wait to see how much COBRA is going to be. I expect at least $1500 because we were paying 8K for the employee portion.

My husband lost his job Friday so there won't be any vacation for me. He carried the insurance so we have to pray that he can find a job with benefits or I will have to decide if I need to go work for somebody else. His cardiologist says that he technically qualifies for disability with his heart failure and defibrillator but that it can take several years before he actually gets it. I have never had such a terrible tax season in over 30 years.

Thank you, Maribeth. I thought that it was 1250 until the error messages kept popping up. I'm definitely glad that it was straight-line and not ACRS. Bonnie

Every time that I think that I have this sale finished, something else confuses me. I am easily confused. A building that was purchased in 1984, fully depreciated over 18 years. There are improvements from 1991 and 1996 being depreciated over 31.5 years. I thought that it would all be Section 1250, but I am getting an error message that Section 1250 may not apply to assets placed in service prior to 5/6/97. Is it 1231 property instead? All of the depreciation was straight line. I am reading pubs 544 and 537 and am still unsure. Thanks to anyone who can set me straight.

See my post regarding two Schedule C's. It must be mailed in. They don't tell you that in the reject.

In case anyone else has two SE forms, just mail it. I talked to the ehelp desk after the second reject and it has to be mailed.

Unfortunately, yes. It doesn't appear that the worksheet for line 29 can be used for both spouses. It can be used for two businesses, but treats them as if they are from the same person.

Lion, I feel your pain. I have had so many computer problems this season that I am ready to hang it up. I have a new Dell, also, but am not using it, because I ran out of time to transfer what I needed from the old computer before tax season, so the new one is sitting in my office with the programs but no data yet. It was networked last week, but I don't have the time to do anything. My old computer is slowly dying and I pray every day that it will still be alive every morning. I've had four different technicians work on it this season. One day I came in and my user account was on and it said that the administrator was logged on. I started bawling and got Guy from VMS to help me get back on and another guy came that afternoon. The afternoon guy said that he thought that I had been hacked and then I really get upset. Fortunately, Guy and my intown IT guy both looked it over and said that I hadn't been hacked and that it had something to do with my computer setting up a new admin account because it though something was wrong with the old one. Something about my logging off at the exact time that my online backup was trying to get in. Then my VPN router went bad and I spent hours on the phone with Linksys while they tried to help me get it set up. Come to find out there was nothing they could do because the admin for my building had to open a port or something. I am so far behind even with working 14 -15 hour days. I am too old for this. Prom is this weekend for my only son and I have to work tonight on setup for post prom and all night tomorrow. My husband wants me to back out of volunteering, but in two years he will be in college and I can't get this time back. Hang in there. I hope that things get better for both of us.

Both spouses have a Schedule C and have health insurance. I have chosen both businesses on the worksheet, but ATX is only using the husband's net profit in both columns and is reducing the deduction. I don't know how to allow the spouses, deduction on the 1040 without overriding lines 4 and 5 in the second column of the worksheet. Is there a box somewhere that I should check and have overlooked? Thanks for your help.

I have no idea. I have had this insurance for almost 20 years.

It should be fine. ATX and the IRS are so backed up that I wouldn't worry. As long as it is transmitted to ATX, you shouldn't be late. It has always taken a long time to get ACKS back for 1099's.

He has no employees.

That's kind of what I thought. It would be different if he had to file a 1065.

I'm not even sure what the LLC will protect, but I'm not an attorney. He has no employees or subs.

His bookkeeping is separate, but you raise a good point. I will have to research.

Thanks! That's what I was hoping.

I have AON insurance and pay roughly $780 for $2,000,000 coverage.

Love it. Thanks, JB.

This is probably a stupid question, but I am having trouble searching since LLC and Schedule C are less than 4 letters. My client became an LLC in the middle of the year. Nothing changed except the name and he now has a federal ID#. Two schedules make no difference in tax, except that I have two 8829's and asset schedules. Do I need to have two of everything? Thanks!

Try on-line backup. My backup software was on my Maxtor external hard drive. Bonnie

I have sent a few today without any problems.

What am I doing wrong? I tried to creat an efile for a return with a schedule A so that there would be DCN # on the 8879. I printed that return for the client to sign tomorrow and will file when able. Then I created an efile for another client that CAN be filed tomorrow and it gave the same DCN# that it had given the prior return, thus making it impossible for me to have my client sign the 8879 tomorrow and still have the same DCN# when I finally can file it. What is going on? Thanks if anyone knows what procedure I am missing.