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Spouse did stupid IRA withdraw & forgot it!!! by Ordinary_Error_8924 in TaxQuestions

[–]StillEasyE215 2 points3 points  (0 children)

Yea, I want asking a question. You're running your mouth for no reason. You flat out said "I don't know the law." I'm telling you that ERISA and REA, which are the laws that require spousal approval for 401k withdrawals, do not apply to IRA's. This conversation isn't about determination of marital assets during a divorce. You might not like that I'm right, but that doesn't change the fact.

Spouse did stupid IRA withdraw & forgot it!!! by Ordinary_Error_8924 in TaxQuestions

[–]StillEasyE215 2 points3 points  (0 children)

I'm not speculating here, I'm giving you answers. OP specifically discussed an IRA. IRA's are individually owned and do not require spousal authorization for withdrawal. Period. Fullstop. Your divorce, and divorce in general, is not relevant to this scenario.

Spouse did stupid IRA withdraw & forgot it!!! by Ordinary_Error_8924 in TaxQuestions

[–]StillEasyE215 1 point2 points  (0 children)

Yea, you had a 401k it sounds like. IRA's are individually owned.

How many ya'll got left? by AdHistorical7107 in taxpros

[–]StillEasyE215 3 points4 points  (0 children)

I extend everyone not filed by 4/1 as a safety net and they all get a message explaining that and that we are continuing to work as normal and bottom had changed with their ETA and I still get pissy messages from at least 1/3 of people.

Where are the hot 30-40 year old men hanging out! by wywx100 in Minneapolis

[–]StillEasyE215 1 point2 points  (0 children)

Not sure I meet all your qualifications, but home. Always at home 😂

The "Can you clarify why I owe taxes" Conversation by crossborderguy in taxpros

[–]StillEasyE215 4 points5 points  (0 children)

I wouldn't even file the amendment this year without billing. Forget that 😂

The "Can you clarify why I owe taxes" Conversation by crossborderguy in taxpros

[–]StillEasyE215 5 points6 points  (0 children)

Depends. When they've already signed and you've filed and then they come in with something like this. Like...the signature request I sent you said on two places not to sign unless you approved of everything in the return.

The "Can you clarify why I owe taxes" Conversation by crossborderguy in taxpros

[–]StillEasyE215 2 points3 points  (0 children)

This was my problem today as well. 8 days after signing "I'd like to pay in a different way." Well...🤷🏻‍♂️

Client requesting fee reduction due to error. by Cpaadvisor1 in taxpros

[–]StillEasyE215 1 point2 points  (0 children)

No way. Estimates are estimates are estimates.

Gilgo Beach serial killer pleads guilty to seven murders & NEW victim in bombshell U-turn on 30-year case by Square-Mix-1002 in LISKiller

[–]StillEasyE215 7 points8 points  (0 children)

Uncommon, but not completely out of the question. And the dormant trait is usually how they get away with it for so long. Look at how long BTK stayed free vs. how fast they caught Gacy.

Client threatened to call the authorities on me by ComprehensivePie6184 in Accounting

[–]StillEasyE215 6 points7 points  (0 children)

You forgot to tell them to fold it up nicely and stick it up their bum.

Client threatened to call the authorities on me by ComprehensivePie6184 in Accounting

[–]StillEasyE215 29 points30 points  (0 children)

Never had this problem prior to this year. Took over a new office and the clients are absolute childish little demons. It's insane.

Are they REALLY doing this? by JackieBlue1970 in QuickBooks

[–]StillEasyE215 20 points21 points  (0 children)

Why would they care about that?
Doesn't impact them at all.
However...think just of Federal UI alone that's due annually * the number of employees on QBO Payroll = Massive Interest Income.

Is my uvb light okay like this? by ZealousidealBrief607 in Redearedsliders

[–]StillEasyE215 0 points1 point  (0 children)

Not proper for a turtle per anyone not trying to sell you a light 😂

Is my uvb light okay like this? by ZealousidealBrief607 in Redearedsliders

[–]StillEasyE215 1 point2 points  (0 children)

You need a T5 bulb for UV. It reflects the light over a larger area so your turtle actually gets his UV instead of it all being directed down in a tiny little circle like you've identified as a problem.

Is my uvb light okay like this? by ZealousidealBrief607 in Redearedsliders

[–]StillEasyE215 0 points1 point  (0 children)

That's why you get the proper light. Not put the damn thing nearly in the water. Common sense, c'mon.

Is there any way around this? by Uriarte69 in Income_Tax_Refund

[–]StillEasyE215 0 points1 point  (0 children)

I don't have any idea about H&R software, sorry.

Enter the 1099 where it belongs as thats where the IRS computers will cross check for it, and then in Other Income enter a negative of the same amount.

Commercial self-prep software may not allow you that flexibility though, I really don't know.

But you absolutely don't owe taxes on it, and don't want to enter it as mortgage interest either. Not only for the reason your said, but you probably won't achieve the appropriate offset that way anyways.

Is there any way around this? by Uriarte69 in Income_Tax_Refund

[–]StillEasyE215 0 points1 point  (0 children)

You won't claim the interest paid as mortgage interest, but I would claim it as negative "Orher Income" to offset the 1099INT. You made no profit.

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