RitaB Posted February 18, 2011 Report Posted February 18, 2011 Every year I have somebody whose child turned 17 and they lose the Child Tax Credit. I try to put an article like the following in their stuff so they don't look at me like I'm nuts and think I didn't count the kid as a dependent. I try to do this the year before it happens, but I don't always remember. http://www.irs.gov/newsroom/article/0,,id=106182,00.html I just noticed that it's on page one of the 1040 now, thank you, IRS. Also, I try to enter the "certain distributions" on line 4 of Form 8880 every year even if the people haven't contributed to retirement so I don't have to look it up when they do. Quote
grandmabee Posted February 18, 2011 Report Posted February 18, 2011 Every year I have somebody whose child turned 17 and they lose the Child Tax Credit. I try to put an article like the following in their stuff so they don't look at me like I'm nuts and think I didn't count the kid as a dependant. I try to do this the year before it happens, but I don't always remember. http://www.irs.gov/newsroom/article/0,,id=106182,00.html I just noticed that it's on page one of the 1040 now, thank you, IRS. Also, I try to enter the "certain distributions" on line 4 of Form 8880 every year even if the people haven't contributed to retirement so I don't have to look it up when they do. don't you think its odd that even when you have a 1099-r on the current year return it will not go to the 8880 as certain distributions and will even give the credit. Quote
RitaB Posted February 18, 2011 Author Report Posted February 18, 2011 don't you think its odd that even when you have a 1099-r on the current year return it will not go to the 8880 as certain distributions and will even give the credit. Yes, I have wondered that myself. In my experience, there are more "certain" distributions than not, so I would think the default would be to send it to that line. Bet it goes through unnoticed a lot. Quote
RitaB Posted February 19, 2011 Author Report Posted February 19, 2011 You know the people who call you to see if their return is ready? I like to finish their return at 6:00 am on a Saturday and call them while it's still coming out of the printer. 1 Quote
Catherine Posted February 19, 2011 Report Posted February 19, 2011 You know the people who call you to see if their return is ready? I like to finish their return at 6:00 am on a Saturday and call them while it's still coming out of the printer. Rita -- have I mentioned recently that I love you?!?! I have a bunch of folks who are now on my brand-new "call at 6AM Saturday" list for next weekend. 1 Quote
Ray in Ohio Posted February 19, 2011 Report Posted February 19, 2011 You know the people who call you to see if their return is ready? I like to finish their return at 6:00 am on a Saturday and call them while it's still coming out of the printer. Thats quite funny after what happened here this morning. I had one of those callers yesterday afternoon. So this morning at 5:00AM when I finished his return, I called him to tell him its ready. Of course as I expected, the call went to voice mail so I politely left him a message. So, around 6:30 he calls back to see if I will be at the office around 7:00 if he stops in to pick it up. I really wanted to say NO, that I only came to the office at 5 this morning to do your return and then went back to bed. But of course I didn't. This so so much fun!!!!!!!! :spaz: Quote
mcb39 Posted February 20, 2011 Report Posted February 20, 2011 Thats quite funny after what happened here this morning. I had one of those callers yesterday afternoon. So this morning at 5:00AM when I finished his return, I called him to tell him its ready. Of course as I expected, the call went to voice mail so I politely left him a message. So, around 6:30 he calls back to see if I will be at the office around 7:00 if he stops in to pick it up. I really wanted to say NO, that I only came to the office at 5 this morning to do your return and then went back to bed. But of course I didn't. This so so much fun!!!!!!!! It'll get even "funner" as time moves on. When you have Office in Home, time or day is no object. If I go to bed early, I take the phone with me because some idiot will think that I am never supposed to sleep, eat or use the restroom. Quote
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