Jim Oh Bkkr

Almost every client I have, has "some" Social Security included in taxable income. When I started in this business, only the "pretty well-off" did.

If the school district has no tax, the return isn't needed. You can verify ANY taxes due at: https://thefinder.tax.ohio.gov/StreamlineSalesTaxWeb/AddressLookup/LookupByAddress.aspx?taxType=SchoolDist A 9-digit zip should be accurate.

I had one in '22, ('21 return), refund was approx 4,500.00. Less than 10 days after e-filing, they had a direct deposit of 1,528.43. The timing, and amount, led us both to believe it was for something else - ID theft, previous year, etc. No explanation could be found and no other money was received in the "refund" window. Eight or ten months later, they received a direct deposit that made the total equal 4,500.00 + interest. (Subsequent 1099 from Treasury confirmed this.) To date, there has been no correspondence, (explanation), from the IRS.

Remember, this is a legal document, not a financial document. Every deed I have seen, (and I've seen a lot), started with: "For the sum of $1 and other valuable consideration" (exact wording). Maybe that is Ohio's legalese, but I've never seen a deed give a selling price.

It was!

Terry, I'm sorry! I started to post yesterday that Ohio's SOL was 4years, but then I re-read your post re. and got spooked that it may be different than SOL. As a note, "local" SOL is 5 years.

I've seen a lot of corrected 1099-R's, very few, if any, were ever marked "corrected". Even consolidated 1099's rarely are marked "corrected".

One Quickbook (payroll) client, has some employees "local w/h" as a reduction of wages - others as a deduction. And while she's not the smartest person, she is pretty savvy. (Makes me wonder how easy setup is.) Another, years ago, brought in her books for a lawn mower repair shop. 100k income, 100k A/R, (50K) bank balance. A... Houston, we have a problem.

Papermate?? black, eraseable ink pens and paper. Then to the copy machine. But I remember that if you had to look back three or four years, the "carbon paper" copies were obvious.

Terry, Drake has NEVER handled it well. There is a guy on the Drake forums that has been b*tchin' about it, with good suggestions, for years. For a couple of years, I had to "dummy up" the w-2 input screen to get the local to populate properly. Then correct it, to prepare the federal and state.

The amount of "tax" is my primary concern. I have only had one instance in 35 years, where the client wanted to pay with the extension.

I had to fight this in the early '90's. NOT fun. Since then extensions, after client explanation and approval, is filed with ABSOLUTE WORST case scenario. If client won't agree to worst case scenario, they provide, in writing, the numbers for 4868.

Really? I have a gambler who won in Col. a few years ago. I didn't file a return for him, and haven't heard a word. He had to pay here on the same money, no reciprocity, and he was PO'd.

Oh lord, don't forget HB5 from a few years ago, gave them the ability to tax gambling winnings.

1st city (no income) I would look to see IF there is a filing requirement. Some only have a filing requirement IF there is TAXABLE income. (My local put in a requirement for everyone. They quickly learned that move more than tripled their workload with no increase in revenue. Then they offered a one-time waiver for retirees.) 2nd city (income) all earnings, whether in city or out, is most likely taxable.

Oh to have one of these for every time I heard: "This is a W-2, it's from where I worked. This one is where I took money out of my pension to buy a fishin' boat... BUT, BUT, BUT, it's already been taxed."

IIRC, within three days of receipt of the 8879. I do a go bit of "returns by mail" and clients that pick up, sign and return 8879 a week (or month) later. I note the received date on the 8879, or tape the envelope to the back.

I didn't! (Drake)

Only if there is a "physical" location (or travels into the location to conduct business) within the taxing locale. (ex. I had a truck driver, lived in the county, came into town to load [US Mail]. Did NOT file or pay local as our local rules were 2 hour presence within the city limits.))

This thread reminds me of the old days of tracking my ATX updates (disks). Presque Isle to Louisvile to Ashland Ky (my local distribution center) in one day. "I should have it in the morning." Nope, I have an Ohio zipcode so it went to Columbus Ohio, then back to Ashland Ky for delivery. Every time.

And there "should" NOT be a filing requirement for the local, IF tax is withheld because they "work" in the locale. Now if they own a business (or rental) in the locale...

And if they're low(ish) income, Ohio has a NON-refundable EIC (based on Fed EIC).

With a 4th Qtr move, it may be moot, but always look at MFS for a couple. (Federal taxable income in the SAME bracket, w/o MFS traps. ie. SS being taxable if living together.) Income from direct treasury investments is exempt. (Most brokerage houses either calculate, or give the %s of applicable mutual funds.) True "survivor", disability (prior to min ret age), military pensions, ALL railroad retirement are exempt. Medical OOP over 7.5% is deductible. Look for school district taxes in addition to local. In southern Ohio, there is practically NO SD taxes (thank gosh), but I've encountered a hand full.

Maybe the original account was from a NONqualified plan.

Reminded me of a potential client years ago. Demanded I give him the elderly/disabled credit (Sch R), because his old guy did it. Two years of prior returns, both included -0- on Sch R, 1040 also reflected NO credit, but he insisted. Good times! (Didn't there use to be one of those emoji things showing "beating your head against the wall"?)