Lion EA

I have only a handful of NY clients (and since 9/11, fewer NY commuters and fewer NY residents) so don't have my own TAX.NY.GOV master account. Plus I'd be very uncomfortable paying a client's tax. That sounds like his problem. He said he had to open a DMV account when they moved into NYC from CT. He was calling NY this morning...

That's probably a bank issue more than an IRS/State issue.

I have a client that’s been trying to pay for his NY extension at https://www.tax.ny.gov/pit/file/extension_payment_options.htm and is being chased around in circles telling him to open an account, but then telling him he has an account, and redirecting him to open an account… Anyone else hear of any NY online problems? A different link?

Party Pooper!

My last CT took two days, rare for CT.

I don't think there's a pattern any longer. I think, due to ID theft, SSNs are being locked sooner and forever. Try e-filing, but be prepared to paper file, sounds like a plan. (I used to see SSNs locked if 2022 year was DOD, but ok to e-file if 2021 was DOD. Don't know how that worked.)

I had an inch-thick dense foam pad under my dot matrix printer to muffle the noise. And, I used all of those software. I still have a stack of green pads in multiple sizes, including a few extra, extra wide ones!

TimberTax.org

Most main stream denominations advise their newly ordained to NOT opt out of SS. But those who have a conscientious objection to public assistance can certainly opt out. However, that does NOT change their W-2 in any way. Nothing in Boxes 3, 4, 5, and 6. What it changes is NO Schedule SE on their pay for sacerdotal activities only, for those who opt out. Those who object to public assistance will forego receiving Social Security benefits, Medicare, Medicaid, EIP, RRC, EIC, or any federal, state, or local public assistance.

Nothing to do with 4361/2031. The employing church can NOT - by law - withhold SS/Medicare. At the clergy person's request on Form W-4, the church can withhold any amount of FIT/SIT, so many clergy w/h enough FIT to cover their ultimate SE tax as well as FIT, others make quarterly payments or increase spouse's w/h. Worth has a great book. Geisler has resources. Some of the large payroll companies have a clergy division or clergy specialist. There are preparers whose niche is clergy taxes. https://www.irs.gov/pub/irs-pdf/p517.pdf And, from Clergy Financial Resources (https://www.clergyfinancial.com/) : "Ministers are required to pay Self-Employment (SECA) tax rather than being subject to the 7.65% Social Security and Medicare (FICA) tax withholding (IRC 3121 (b)(8)(A)). Therefore, Social Security and Medicare (FICA) taxes should not be withheld from the ministers pay. The Social Security and Medicare boxes on the ministers W-2 Form should then be left blank (boxes 3, 4, 5 and 6). Instead, ministers are responsible for paying 15.3% Self-Employment (SECA) tax through estimated payments. Self Employed Contributions Act Tax (SECA Tax) was first imposed by the SEC Act of 1954. Responsible persons can be held personally liable by the IRS for incorrect filings and failure to remit Federal income tax and FICA tax withholdings."

My concern isn't whether the clients pay. Mostly long-time clients, so I know the couple who'll be late. My concern is that the IRS, and maybe the states, won't process their extension payments via mailed checks by the time we file their returns. Clients will get letters saying they owe. One father of child clients laying awake in bed in pain and on meds following hip replacement was so distraught that the IRS was calling him (his kids) a deadbeat that he got up and paid a second time, for both kids. Still not showing up in the kids' accounts, so have no idea how we'll ever get that back, or get it applied to the kids' accounts for next year. Now even grandpa who invests for the kids is unhappy with me, also. I keep hearing from all three generations, and only the two kids are my clients.

I haven't encountered your scenario yet. But isn't the old $2,000 still fully refundable under one of the new laws? Maybe for 2021 only?

And, it's basically 8 digits-EA. So, if your # already includes more than 5 digits, 3 zeros will be too many! As Tom said, any little detail so they don't have to work with us.

If it weren't for sleeping in front of my computer, I wouldn't get any sleep! Not really, but the "computer naps" are a nice supplement.

I have the client use IRS payment and copy me on the confirmation. I'm calculating payments for those who owe today, and don't know if I'll make the payments with the extension e-file or give the amounts to the clients to pay. (It's usually only a couple that owe, and they're used to ES payments online so manage the extensions fine. This year, it's more clients on extension with more that owe, so I don't know if I want to trust them on DirectPay or not.)

I use IRS's DirectPay: https://www.irs.gov/payments Or, I make the 2021 Extension payment large enough to cover both the 2021 balance due + the 2022Q1 ES payment. Then when filing the 2021 return, apply the refund to 2022Q1 ES.

Thanx, everyone.

And, Pell Grants can be used for practically anything college related, such as room & board. Yes, you need the bursar's statement to see what those other expenses are, as well as receipts from student/parent re books, computer, and things. And, the timing of payments, expenses, scholarships, etc. Drill down to the code.

Thanx, all. Yes, Box 7 + Box 3 = Box 1. And, I get no diagnostics. Haven't had a Box 7 before (I do have a hairdresser with unreported tips, but I know what form to use.) Medicare tax is perfect for Box 5. But SS tax is too much for Box 3 alone, but too little for Box 3 + Box 7. Again, I'm not getting any diagnostics. And, it's a kid who's under the standard deduction and getting all his w/h back.

First time ever: W-2 Box 7 Social security tips for $3,200. Is the $3,200 already included in Boxes 1 through 6? Do I have to put the $3,200 anyplace?

I haven't had one this year, but... I think the taxable part is $8,000 X the ratio of 15000/40000 with 10% penalty on that same amount. And, can you use Room & Board against his 529 Plan distributions? Books? Etc. TTB give Qualifying Expenses: Books, supplies, equipment, room & board if at least 1/2 time, computer equipment, software, internet access, related services. TTB says Tax-free earnings = Earnings X Adjusted qualified education expenses/Total distribution Taxable earnings = Earnings - Tax-free earnings So, what TTB says.

That's my concern this year in this very compressed season when I'm putting so many clients on extension, and a bunch of them owe. The easiest -- but not a check in the mail -- way for them to pay what I compute for them. And whether their online payments substitute for me e-filing their extensions. I have about 13 states (FL & TN are no problem) such as CT, NY, MA, PA, IL, CA, CO, SC,...

Some of my states are NOT allowing me to file extensions with a balance due but NO payment made with the extension. Would you still e-file but claim a zero balance? Then have client mail a check or go on the state website? Also, one client last year where I had for years e-filed his extension and then he'd go online to pay -- last year he received a letter that his e-payment was a duplicate extension filing and therefore DENIED. What are all of you doing about extensions with balances due?

They're already an entity, MMLLC being taxed as a partnership by default. So they only have to elect to be taxed as an S-corporation, only have to CHANGE their entity for tax purposes.

If already a MMLLC, then NO Form 8823. Just the 2553.