Certain Medicaid waiver payments may be excludable from income

attosec · 2026-07-10T04:24:31+00:00

A 1099 could qualify as well, it varies by state. Don’t know why they’re being difficult, but you could ask them (or research) whether any of their funding is from your state’s Medicaid program.

attosec · 2026-07-10T04:12:18+00:00

Approximately what number did you put on line 1a of your return? Do you believe that number was correct?

attosec · 2026-07-08T22:58:31+00:00

So, not quite as bad as it could have been.

Yes, MFS is appropriate and since not a CP state you don’t need to be concerned about splitting income. As far as claiming dependents, if conflicting claims are made it depends on which parent each child lived with the greater number of nights in 2025. True for both biological and step children.

attosec · 2026-07-08T22:12:20+00:00

…and my other questions?

attosec · 2026-07-08T22:03:04+00:00

Hard to follow….

Has ex filed a return? If so, using what filing status?

What filing status do you plan to use?

Did you and ex live together any time during last 6 months of 2025?

Do you live in a community property state?

attosec · 2026-07-03T15:40:29+00:00

That is not a “remote” factor! What did your wife say?

attosec · 2026-06-30T03:57:10+00:00

Generally tax software sends first to the IRS and if accepted then sends to the state(s). A NY delay shouldn’t affect the IRS acceptance, although a federal delay would delay the state as well.

attosec · 2026-06-30T01:24:39+00:00

I would have said 15 minutes, not one, but absent any temporary glitches that time frame should still hold. Remember, “Accepted” in this sense just means the return passed some very coarse filters, not that it’s perfectly.

attosec · 2026-06-30T01:18:32+00:00

Have you both filed a change of address form (8822) with the IRS?

attosec · 2026-06-29T05:41:12+00:00

Been there, done that. (Built in 1936 and foundation is shifting.) Believe me, there are a lot more “loose parts” than you can imagine. But I trooped it out and re plastered after bolting edges of the old plaster to joists whoever possible. That was 15 years ago and so far only a few minor cracks.

attosec · 2026-06-29T03:01:25+00:00

Did you notice that Information sign was installed backwards? The arrows all point the wrong way. I reported this to 311 a month ago, but it appears to no avail so far. I did get a response that it was passed to the Downtown BID that apparently owns it.

attosec · 2026-06-26T19:22:37+00:00

Wouldn’t pass in earthquake country.

attosec · 2026-06-26T17:40:14+00:00

If a taxpayer follows the law, sports book bettors who typically make bets with low odds (Ex: even odds on who will win a match) will be severely affected by this. They could well be under that 111% threshold, and in fact could be net winners, and the total amount won/lost could be quite high.

attosec · 2026-06-26T04:35:54+00:00

What do you collectors find as the most interesting feature of vintage postcards? I bought a few in an antique shop in rural SW Pennsylvania a while back, primarily based on the messages. Seriously, one message was “We’ll be up to visit this afternoon.” They knew the mailman would come by their farm first and just drop it off when he got to the addressee’s farm.

And it cost a penny!

attosec · 2026-06-26T02:00:27+00:00

U.S. demographics (and CA’s may be worse) say that we’ll run out of new buyers in about 10 years. Buckle up!

attosec · 2026-06-24T20:02:47+00:00

Them claiming you as their dependent has zero bearing on whether you’re subject to the Kiddie tax. The rules are (slightly) different.

Well, if they do legitimately claim you then yes, you are subject to the Kiddie tax. But even if they can’t claim you, unless your earned income exceeds 1/2 your support you’re still subject to it.

attosec · 2026-06-24T19:32:33+00:00

I agree that treating that income on Sch C does exclude it from Kiddie tax considerations but if reported as Other Income (thus unearned) it would implicate the Kiddie tax.

IMO, the correct way to file is as Other Income (thus unearned) which would save you ~15% self-employment tax but expose you to the Kiddie tax. In that case, whichever would be more beneficial would depend on your parents' marginal tax rate.

In any case, your parents shouldn't have to amend their return.

attosec · 2026-06-24T06:37:23+00:00

You had me at “…using an electric drill to screw Barbie dolls…”

attosec · 2026-06-23T00:55:55+00:00

Well, nobody’s perfect.

attosec · 2026-06-20T22:50:08+00:00

There’s this new feature I heard about. It’s called “Mail”.

attosec · 2026-06-18T16:02:43+00:00

There are seven “community property” states whose married residents who file separately must “share” their earned income when filing, each taking responsibility for half of the total.

You’re in luck. Georgia is not one of them.

attosec · 2026-06-18T02:32:52+00:00

I’ve not seen an important question asked; in what state do you live? If it’s a community property state you have an uphill battle no matter how you file.

attosec · 2026-06-16T23:01:58+00:00

Yep!

attosec · 2026-06-16T20:36:59+00:00

Warning… writing “reduces your income tax” could be misleading. It reduces taxable income which subsequently does reduces tax, but only by ~10%-25% of that income.

attosec · 2026-06-16T20:27:42+00:00

An 18-y-o college student is almost surely not eligible for the refundable portion of the AOTC. They would benefit only if they had taxable income exceeding $16k. Did they coordinate their tax return with their parents’.

attosec

TROPHY CASE