joanmcq

Many months ago I bought a ticket to see Brian Wilson in concert, even though the show was on 10/14 and in S. Lake Tahoe, a good 2 hour drive. I thought, I'll get everything done early. Oh yeah, I was optimistic! Then it turned out to be a drive in a torrential rainstorm up the mountains, so I stayed up there. Nice rooms at Harrahs Lake Tahoe. . I didn't think about the returns still on my desk at all. About 30 for which I've been waiting on this or that piece of information, some of them for months. In the case of one guy, his 1095-As for both 2015 and 2014. then there's the ones I've finished but they won't either pick them up or send back the 8879s. 4 of those. I know where Catherine is; I'm there too. I'm not chasing after anyone. I have 4 returns I'm still working on, one in the hopper to be picked up tomorrow and 1 amendment and a couple back returns I was contracted to do, that I'll finish up on Tuesday. That's it. Then I'm moving. Anyone else that sends in that last bit of stuff will be done next month or so. Retiring is starting to look appealing.

Tomorrow night I'm going to S. Lake Tahoe to see Brian Wilson perform the entirety of the Pet Sounds album. And then drop off some stuff at the new house. I'm working all day today. There had better be a ton of requested docs in my inbox. I've already to.d my clients that if I don't get the crap by today their returns will get done after I move. AND get my new office set up. Which will be some weeks from now. Or months. Or maybe I'll just refer them to Rita.

I figured out that I can do most of my clients remotely; heck even a lot of the locals do remote now. I can come down for a week and clear out the stragglers. I'll have to file CA returns anyways since I have rental properties. I got a really nice totally unsolicited offer on my house, and Stagecoach NV is inexpensive. I'll be able to retire or slow down a good 5 or more years before I could without the move. Plus, the new house has central heat & air, a dishwasher, a garage and many many other things I've never had before . And it's on one level...I just fell down my front stairs again so not having any is a plus!

Have you checked out any underlying tabs on the NJ forms? Usually if you jump from the line on the form it will take you to the entry worksheet. Sorry, but I don't have a NJ open to check for you m

I like Dogma as a test myself. YF is such a classic - might have to give it a look again soon.

You've got to use the info to do the simplified method for an annuity. The worksheet is at the bottom of the 1099-R worksheet.

You've never seen Young Frankenstein? Marty Feldman as Igor. Pronounced Eye-gor. Gene Wilder as Dr. Frankenstein. Pronounced Frunkensteen.

I'm moving to just south of Reno. I really don't want to be driving over the mountains in the snow, especially when I've got to move my old van conversion. Not to mention drive a moving truck. And then there's the risk of pipes or the irrigation system freezing at the new house.

Jack, I've never had bank statements requested for a Sch A audit. Bank statements have been requested for Sch C audits, but only when under reported income is suspected. If generous guy was audited again on charitable and passed no change, if any more audits come up you can request that it be withdrawn.

An audit of charitable contributions rarely requires bank statements unless the donations are directly debited. Receipts (with the required disclaimers, of course) or cancelled checks/credit card statement if under $250 per donation.

My late clients are even worse for me because I'm I'm the process of moving and I can't dismantle my home office and get a final moving date until I'm done with this tax season. I'd like to be out of my current house by Oct. 30. The sooner I get this done, the sooner I can start packing for real. I'm almost done with the ones where I have all the info, but then there's a stack of 'missing one or two pieces' that I've requested over & over. And it's already stRted snowing in the Sierra. Don't want to move in the %}€^ cold through the snow!

My best friend died that day. I always remember.

I do have a casualty gain on the biz portion (basis $338), and would have a loss on the personal except for the insurance reimbursement. I did the mixed use calcs, but still couldn't get the loss to flow from the disposition worksheet to the 4684. ended up just entering it manually.

Probate is another reason people set up trusts. In CA for example, probate is long & expensive if assets are over a ridiculously low sum, I think it's $50,000. Trust assets pass outside of probate, so they make sense, in CA at least.

I'm doing a 2014 return where the client's part business use vehicle was totalled. I entered all of the insurance reimbursment info on the casualty loss tab under dispositions. The gain on disposition is showing up on the 4797 Pt II line 13, but nothing is showing up on the 4684 page 1 or 2. Can anyone give me any insight on what I'm not doing correctly? The business portion was completely depreciated, but the personal portion, of course was not. does the gain bifurcate between personal and business? I don't do a lot of casualty losses. BTW, I use ATX.

I got one of these before the warning went out. It told me to update my Taxwise software, so I knew something was fishy.

Yes, the repayment is added to the SEHI. That calc is part of the iterations.

Yup, and I'm not really tied to any one particular area of the city, besides where my friends live, and the proximity to a grocery store. So I'm looking for the perfect house. I really like shopping real estate (I've found every property I've ever bought, not the agent) so I've already set up filters on realtor.com and getting alerts on particular properties I've saved. Now there is one I'm interested in that isn't finished....but it will be a million dollar property once it is and the price is well in range. Gotta see it so I know what it still needs and even more important, if what it needs is within range of pay someone to finish it. Yeah, I think I'm incurable. Damn, I'm excited though! Finally getting out of Sacramento!

I'm in the process of selling the extreme fixer I've been living in for 16 years that's only partially fixed. Getting enough to buy a DONE house. I have been cured of my love of old houses.

The error message says ROFT. I couldn't figure out the acronym, so this is helping. I hope they don't get penalized for not depositing monthly if I check the second box.

This is the first quarter where my client has more than $2500 due, so they are moving from paying quarterly to paying monthly for quarter 3. I've got the first box on line 14 of the 941 checked because "Line 10 for the prior quarter was less than $2500". But when I try to create the efile, I get the following error messages: Error: IRS e-file limitation: Net taxes are $2500 or more, check either semiweekly or monthly schedule deposit check box. Error: IRS temporary solution: "Fill out the ROFT line 14 or Schedule B depending on your deposit schedule when submitting a return with a liability over $2500 for the current quarter or paper file. I've got no idea what the temporary solution is, what ROFT means, or how to do this. I tried putting the amounts that would have been paid monthly, but that didn't work. Does anyone have a clue as to what to do before I tell the client to paper file?

I've been trying to efile for about an hour but am getting an error message. when I tried to log into the ATX support site, I'm getting a 'server not found' message. Anyone know anything about this?

If you want a notice, ignore the 1099-Q. id enter it on line 21 and back it out with a notation, funds used for education expenses Dependent X. ive been saying this since 529 plans came out, but there's a reason for the checkbox and that the plan has a beneficiary. But no one ever ever takes out the funds in the beneficiaries name. Ever.

Thanks, that's what I thought, but I was at a CPE class and was talking to one of my fellow preparers who said no so I started doubting myself.

Couple has lived together for 4 years, home is in one person's name only. They get married, then sell. I think they will be able to exclude $500,000 gain, even though both don't own the home. What do you think?