Bart

I have a client with tax bills from 2005 and 2006. We just filed his 2007 1040 showing a loss. I amended 2005 and 2006 to caryback the loss and offset the taxable income from those two previous years. In 2006, the taxpayer was subject to alternative minimum tax. The IRS returned the 1040X's saying they needed additional information. They want us to provide a copy of our 2007 6251, a computation of the Alternative Minimum Tax Net Operating Loss Deduction for the loss year, and copies of the 2005 and 2006 forms 6251 both before and after the carryback. I do not think I know how to do these computations and forms. I hope this is appropriate, but I would like to hire one of you experts to show me how to do this or do it for me. If this is inappropriate, just let me know and accept my appologies.

Are you using Internet Explorer? Under Tools - Internet Options - Security there is a place to list trusted sites.

This is a surgeon. The inturnship is so he can become an orthopedic surgeon. He has been paying taxes here for some time making this his tax home.

I have a client who is doing a medical inturnship in another city that will last for eleven months. Since this is a temporary assignment since it is expected to last less that a year, can he deduct the rent on his apartment and all his groceries and dining out?

If you put your curser over the "x" by the locked topic it says "closed". Maybe locked and closed are the same thing.

As I read that, it says that the insurance company can deny you coverage but if they do accept you they might cover pre-existing conditions. I think you need to ask.

I think they are in "negotiations". Let us see what they say.

Have the daughter pay rent even if the parents give her the money.

It is also short of w-2/1099's.

Sorry, Braeden, I had read that before but it was so long ago (more than an hour) that I had forgotten. It did answer my questions. Thanks.

Can you list what you get in the 699 package that you do not get in the 299 package.

This is where I wish we had a same as last year button.

If your extensions are accepted, I would not re-file them.

When I updated this morning there was a new version of the 4868. You might want to get it before you start filing extensions today.

I lost a client (family member) once because I refused to talk about her taxes at the family christmas paty. It is too bad when we want to just relax and enjoy.

2 days 10 hours 51 mins

Client filed their taxes 3/10/09. Came in today with a corrected K-1. If it is before 4/15, do I file a 1040X or just another (corrected) 1040?

What is that?

If you have to mail the return attach the stock transactions to the mailed return. Or if you efile it, attach the stock transactions AND the two charitable gift annuities to the 8453.

This year I have started asking my questions by email. I save all the emails and that way I have proof of what they told me.

Loan repayment is not deductible.

K C taught me.

Jeez and I knew that too. Thanks.

When you type a "(" (open paren) then a "c" and then a ")" (close paren) and do not leave any spaces you get © (the copyright symbol) instead of ( c ).

Is there an IRS form to file to show them that the taxpayer is insolvent?