BulldogTom

Think of it this way KC, if the worst thing I could think of to say about you is "She posts links so I can't have more conversations with her", you are doing alright. Tom Hollister, CA

I have been backing up my ATX to flash drives all year. It is very simple (one of the "enhancements" that I actually like this year). Put it in the usb port, click on backup, select your drive, and it will back up everything that has changed since the last backup. I can only speculatet that the CD issue relates to read/write ability of the device. If you can't "replace" the data on the cd every time you back up, it might be an issue. I might be exposing my ignorance, but back in the day before read/write came into existance, I think you could only add to a CD, not find and replace. I think the new ATX has a new backup method and it might not be compatible with CD's. That said, once the data is backed up, I bet you can burn it to a CD. Again, not a techie, but just a guy who has used everything to back up his tax files in the last 15 years. Tom Hollister, CA

I still have one client who has not gotten their refund from 1.30.13 accepted e-file. I am so frustrated. Called the IRS twice and still all they can tell me is it is in review and will be processed when they get to it. Anyone got a magic bullet that gets the IRS off their A$$ on these things? Thinking about calling my congressman. Any other suggestions. BTW, the clients are unemployed and on disability now. Just a little bit of income that kicked in a small EIC payment. No kids, just the two of them. They could really use the couple hundred bucks that is mostly withholding. Tom Hollister, CA

So, now that KC knows she has the love from this site --- time for me to complain about her NT posts. And not just her, but anyone who does this. When I open a NT post, I absolutely refuse to click on a link to take me to another site. I am paranoid about cookies and viruses and all the other crap that could get on my "Tax Computer" that has all my client information on it. So when the rest of you are having a lively conversation about some article that has a link to it, I am left out. Whatever happened to the good ol' days of "cut and paste"? So if you want to know why I pass on most of the NT posts, it is because if I see a link I pass on the entire post. KC, we could have much better conversations if you would stop doing that! My rant is over. Tom Hollister, CA

I don't know how many of you have ever met KC in person, but I have broken bread with her. There is not a more charming, giving person in the world. My heart still breaks for her loss in the last year, and the health issues she has gone through. During that entire time, she was still here with us. I consider her a friend. If she is not here, this board will be greatly diminished. Tom Hollister, CA

Son saw a post on facebook that had Woody from Toy Story lighting off fireworks in the back yard and the quote underneath said "Still did it better than North Korea.". Tom Hollister, CA

OK, now I get it. Father set up a UGMA account and named himself as the beneficiary. Thanks. First time I had seen TOD acronym. Tom Hollister, CA

OK, I am dumb. What does TOD stand for? Tom Hollister, CA

Are you inviting me to take a flying leap? Tom Hollister, CA

Yeah, share. I don't have time to look up and I don't know. Tom Hollister, CA

On the CA 3801 there is a tab at the bottom for Sch E acts. Blue boxes for Passive and Non Passive differences between Fed and CA. That is where I fixed mine. Tom Hollister, CA

You night owls and vampires amaze me. I would rather do a 6AM than a 6PM. I am like the commercial for the US Army that ran a while back....I can do more before 9AM than most people can do all day. After 3PM my mind starts working slower and slower. Tom Hollister, CA

Dang Rita, here I was thinking you had a softer side, then you pull this out. I am still very afraid of you and am very glad the Rockies and the Sierra Nevadas are between us. Tom Hollister, CA

Does the 1099 show withholding? If it shows "PR Taxes" on his deduction statements, I would investigate very thoroughly before proceeding. Can you extrapolate what the numbers would be based on the two deduction statements? Was his income steady (silly question, but hey, you never know). I hate these situations. Tom Hollister, CA

Where does it say "boyfreind" in the OP? It says father and mother. I guess I am old fashioned and I assumed that they were married. Tom Hollister, CA

Back at you buddy! I love having ministry experts on the board. You and Mike Malody are two of the great resources on this board. As for researched or off the cuff, I try to comment only on the things I am pretty sure of the answer. When challenged, I go to the code and regs. When I am guessing or trying to help someone with where the reasearch needs to go, but I don't know the answer for sure, I pretty much say so. If I don't have a clue, I don't post (normally). Tom Hollister, CA

Yes, I do have a business plan, but it is in a spreadsheet and goes back to the first year of business. So do all of my mileage logs. Sadly, I do have a swindling social life - oops, I meant dwindling. Tom Hollister, CA

I think the tiebreaker rules say that if the child qualifies as a qualifying child of more than one person, and one of the persons who can claim the child is a parent and the other person is not, the child is the qualifying child of the parent. Double check me on that, cause I am doing it from memory. Tom Hollister, CA

Uh, that would be me in my tax business. I have been working at this for 15 years. 4 profitable years, 11 loss years. First 5 were disasters, and the first year after I moved into an office outside the home was a huge loss. Don't call my business a hobby. I do however gain a certain degree of enjoyment from doing it. And I have had a full time job the entire time I have been in business. Tom Hollister, CA

Glad you got to where you needed to go. I could not tell you what you needed to find out, which is "what does legal separation mean in OH"? The tax law follows state law on that one, and I don't know OH law. Tom Hollister, CA

I don't know what a legal separation is in Ohio, but divorced on the last day of the year is single for the entire year. Just like married on the last day of the year is married all year. Tom Hollister, CA

Please check me on this, because it has been a while. TP is 79. Spouse is 77. Son, age 54 passed away last April and left retirement plan to parents. Designated beneficiaries on the plan docs. They rolled the plan to an inherited IRA. They are taking withdrawals from TP IRA that exceed minimum requirements. Balance of Traditional IRA is approx 120K Balance of Inherited IRa is approx 150K My take: They may not aggregate the amounts. RMD must be taken from each account. They must use the Single Life Table using the oldest beneficiary (TP age 79) for the factor (10.8) on the Inherited IRA. Next year factor is 9.8, then 8.8, etc. They use the Uniform Life Table for the Traditional IRA. They did not have to take a 2012 RMD from the Inherited IRA They must take the RMD in 2013 from the Inherited IRA If they do not take RMDs from the inherited IRA, they must take all the funds within 5 years. Am I missing anything? FYI, taxpayer brought in the 1099R with code G for the rollover into the Inherited IRA. When I asked him about the RMD on it, he said the IRA Plan advisor told him they had plenty taken out from the traditional and not to worry about it. I begged him to go back and double check, which he did. Now the advisor is saying they need to take both 2012 and 2013 RMD in 2013. I think that is wrong. I think as I have laid it out above is correct. Financial advisor wants to talk to me. Thanks for double checking on me. Tom Hollister, CA

What is generating the negative AGI this year if your business made a profit?

Yeah, I see that, but where do you go to mark the box? I can't find it. Sorry about my first post. It did not explain my problem very well. I see the check box, but there is no way to click on it without doing an override. I know I am missing something very simple, but I just can't see it. Thanks Tom Hollister, CA

I have been all over that form and I can't find a place to enter the information to request a waiver. help please. Tom Hollister, CA