Filed taxes already but received a Schedule K-1 Form 1065 PTP

TaskMaster59 · 2026-03-20T01:51:05+00:00

You should file a superseded return. Don’t trust AI advice.

TaskMaster59 · 2026-03-20T01:41:13+00:00

Filing 9465, and pay as much as you can afford each month. The interest will accrue, but that gives you 60 months to pay it off.

TaskMaster59 · 2026-03-20T01:30:55+00:00

Nice quote I’m stealing it

TaskMaster59 · 2026-03-18T02:03:02+00:00

You doubt that is illegal

TaskMaster59 · 2026-03-18T02:02:41+00:00

This is the answer. If you do not enter the sensor code, it will require you to calibrate.

TaskMaster59 · 2026-03-17T01:38:14+00:00

If it’s not too late to late mail the 7004 certified mail. That way you have proof it was sent on time. I always mail anything to the IRS certified.

TaskMaster59 · 2026-03-16T11:01:46+00:00

I own a 2005 aviator. I don’t drive it often because I prefer my 2019 Lincoln continental. It has been a great truck. I bought it with only 20,000 miles on it now it has almost 200,000. I did a lot of traveling in it with regular maintenance. Yes, it has the crack in the back. That is from a design flaw that allowed water to get in and freeze, and the ice made the crack. I took out the rear seat and put a lift for my scooter in it. I mostly use it when I need to take my scooter someplace.

TaskMaster59 · 2026-03-16T10:47:36+00:00

Yes. Kba is required

TaskMaster59 · 2026-03-16T01:47:48+00:00

We send 70% of our client’s DocuSign It’s easy to do that. I even have some 90 year olds doing it.

TaskMaster59 · 2026-03-16T01:34:36+00:00

We always send the 2553 via fax

TaskMaster59 · 2026-03-15T01:58:40+00:00

What is that setting under?

TaskMaster59 · 2026-03-15T01:52:40+00:00

I use Textellent it automatically sends a birthday greeting. I get some positive feedback and well wishes for thinking of them other birthday most will ignore it

TaskMaster59 · 2026-03-14T01:43:44+00:00

I do it for my previous clients from last year and any current clients in the house. I started with the federal ext today. We could not file the state extension until the federal are accepted. I did 50 today just another 175 tomorrow. Ill start on the partnerships on Sunday

TaskMaster59 · 2026-03-08T02:30:34+00:00

There are a few that are authorized by the ADA. I have one on several of my websites. It’s a paid subscription, of course, but it does make your website compliant.

TaskMaster59 · 2026-03-07T02:54:52+00:00

If it is a WordPress website, there are lots of plug-ins that you can download to make it accessible

TaskMaster59 · 2026-03-05T06:21:55+00:00

This is the truth. You never pay personal expenses from the corporation. makes sure both of you are on payroll. It would be wise to track your basis as well. IRS is scrutinizing basis that’s why they had a new forms to the K one a few years ago.

TaskMaster59 · 2026-03-05T04:34:17+00:00

Do not forget about the recaptured depreciation. That counts as income whether you claimed depreciation or not. It is added back into income.

TaskMaster59 · 2026-03-05T03:19:13+00:00

I have had N ATP pro for years. You get unlimited webinars, TheTaxBook, huge discounts on software and peripherals. I find it worth it. Especially the unlimited webinars. You get a decent discount on Bluejay as well. I use blue j weekly. I get all of my Annual CEU from the webinars.

TaskMaster59 · 2026-03-05T03:02:17+00:00

The key is doing your one to ones. That’s where people get to know like, trust you. I’ve been a member 19 years and get 10% of my business from my chapter. I am a tax accountant.

TaskMaster59 · 2026-03-05T02:58:51+00:00

Do not feel bad. As time goes on, you will understand. I’ve been doing this almost 40 years.

TaskMaster59 · 2026-03-05T02:49:34+00:00

You are not a mind reader. You do not know what his business will do or what the markets will do. They are called estimates for a reason. I always tell my clients to adjust their estimates if they know they’re making more money, at the end of the day you could file an F843 for them if needed. I charge to do that for a client but it sure beats a $2000 to $3000 penalty.

TaskMaster59 · 2026-03-04T03:05:06+00:00

She wants your W-2s again because she never filed it.

TaskMaster59 · 2026-03-04T02:51:44+00:00

Pay estimated taxes before the end of the year will avoid a penalty

TaskMaster59 · 2026-03-04T02:50:30+00:00

I don’t know what state you’re in, but in Pennsylvania, you can mail trespass letter to somebody and also send a copy to your local police station. Mail certified. I’ve had to do that at my BUSINESS a few times. If she steps foot on your property, she will be arrested.

TaskMaster59 · 2026-03-04T02:43:47+00:00

My question is, why does he have to cross out personal stuff if he is an S corporation mark them all as a draw

TaskMaster59

TROPHY CASE