grandmabee

It falls into the temporary job. Is the job to last less than a year? If he know it will last longer than a year then no deductions. Its his option to live where he does and not at the job location.

so interest and taxes on A ...insurance, repairs & maintencce also. 2% or is this just a second home and only deductions are the taxes and interest.

I have a client who started to rent there rental house to a family member. Not at fmv. So no loss. but do I report income and expense up to income and show no loss and no income or does it fall under the vacation home rules where I report all the income but no loss. Any help would be appriceated.

Thank you. Now if I could just go home and have fun instead of working.....

you can't do hobby and then take 8829. do sch c take meals per diem and 8829.

also do the 8829

Did you use per diem for meals and snacks?

breakfast 1.11 lunch 2.06 dinner 2.06 3 snacks .61 each

there is a special rule for cash taxpayers not using inventory and taking it as supplies.

I thought they wanted explanation of improvement made this year. so I just wrote no improvement in 2008. also went thru

YES They paid money. I thought the cash liquadation on the 1099 div would be the selling price.

So I can use the money they contributed as basis.

received 1099-div .... box 8 cash liquidation distrbutions. this is from an assocation that disolved last year and they divided up the money and distrubited. its a county club assocation. I'm not sure what to do with it. anyone that can help would be appicated.

no... the loss is carried over if they do take distribution in excess of basis then it is taxable on the 1040

half the time the state number doesn't get input and my state is NOT the same as the federal. I have never had any problem with going thru without state number

she will be using it as a personal residence so loss would not be allowed anyway. Doesn't plan on selling.

question about related parties. one brother dies and the father is the personal rep of the estate. the estate has to sell the house and sells to the sister. no equity in the house. 2 loans on it. the sister is going to take a mortgage to pay off both loans. in this market they can not find a buyer for what the balance is on the loans. They had an appraisal on the house and it was lower than the mortgages. I want to double check on related parties rules. I read and think they are ok not related. the sister is not a beneficary of the estate. I am checking on this for the first time buyers credit. Any thoughts?

new client. last year filed 1120s for short tax year 07/01/07--09/30/07 on the 2007 form this year 10/01/07 thru 09/30/08 filed on 1120s 2008 but error comes up and when I double check instruction it says to file on the 2007 tax form. Will that be a problem with two 2007 forms filed. I thought you filed on the form which the end of the month falls on. ending 09/30/08 file on 2008. Any help please

This year we can't override line 21 to put in title. Makes me us "see attached Schedule" and have an extra page. OR am I just missing how to do it this year. Any help

that you could revoke an all years release

its new this year

I have trouble logging in this website. Alway comes up forbidden error 404. after I log in several times it finally comes up to site. ???

But I called efile services, and they said we could efile until midnight if our software company accepted it. She said time goes by validated by software but atx said no paper file.

you can't. you have to paper file with upe

Not this year. It's 11:00 AM at your filing center. Just talked to ATX they told me is was IRS rule but I then talked to IRS and they will accept until midnight but only if your software will send on.