Taxes... Done!!
 

On 3/6/2014 12:04 PM, wrote:
On Thu, 06 Mar 2014 11:52:50 -0500, Poco Loco
wrote:

On Thu, 06 Mar 2014 11:30:08 -0500, wrote:

I am still waiting for my K-1 from Carl Ichan.

Then I have to see if I can come up with any basis at all for the 200
IBM I sold last year.
I have 500 that I don't have a clue about. IBM stock holder relations
was less than helpful. I assume IRS doesn't know either.

The actual filing is pretty easy once I get those issues figured out
Back in the day, when I had my business, Turbotax was worth the money.
Now IRS will give you "fillable" PDFs that make it pretty easy to
actually put the return together. If they would do the math it would
be very fast.

I got the K-1 quite a while back. Pain in the butt, but it got another $55 back from IRS, so I
suppose the 5 minute effort was worth it. Turbo Tax makes it pretty easy.

I sold off a lot of stuff last year and got into ETF's. Luckily I had some big losses from the
'crash' a few years back which offset about 60% of the gains from the sales. Whew!

TT just goes to the brokerage 1099 files and completes everything in a few seconds. Absolutely
amazing. This year my credit union data is all there.

A very nice thing about TT is its ability to go into last year's return and carry forward all the
necessary information - individual data, employer data, charity data, addresses, etc, etc....all
that stuff that takes a long time to enter. And...it does the math.

I used Turbotax for years but my return got so simple it just does not
seem to be worth it anymore.
When I was on about 30-40 pages of stuff I would not go any other way.

My wife and I are self employed, fairly simple business, but I'll pay
at least $500 for the hour I'm in the accountants office. I have checked
around, when I show them the forms I file, they are the same price as
the guy I use.
Will Turbo Tax work for me and how much is it?
Mikek

Taxes... Done!!
 

On 3/10/2014 3:04 PM, amdx wrote:
On 3/6/2014 12:04 PM, wrote:
On Thu, 06 Mar 2014 11:52:50 -0500, Poco Loco
wrote:

On Thu, 06 Mar 2014 11:30:08 -0500, wrote:

I am still waiting for my K-1 from Carl Ichan.

Then I have to see if I can come up with any basis at all for the 200
IBM I sold last year.
I have 500 that I don't have a clue about. IBM stock holder relations
was less than helpful. I assume IRS doesn't know either.

The actual filing is pretty easy once I get those issues figured out
Back in the day, when I had my business, Turbotax was worth the money.
Now IRS will give you "fillable" PDFs that make it pretty easy to
actually put the return together. If they would do the math it would
be very fast.

I got the K-1 quite a while back. Pain in the butt, but it got
another $55 back from IRS, so I
suppose the 5 minute effort was worth it. Turbo Tax makes it pretty
easy.

I sold off a lot of stuff last year and got into ETF's. Luckily I had
some big losses from the
'crash' a few years back which offset about 60% of the gains from the
sales. Whew!

TT just goes to the brokerage 1099 files and completes everything in
a few seconds. Absolutely
amazing. This year my credit union data is all there.

A very nice thing about TT is its ability to go into last year's
return and carry forward all the
necessary information - individual data, employer data, charity data,
addresses, etc, etc....all
that stuff that takes a long time to enter. And...it does the math.

I used Turbotax for years but my return got so simple it just does not
seem to be worth it anymore.
When I was on about 30-40 pages of stuff I would not go any other way.

My wife and I are self employed, fairly simple business, but I'll pay
at least $500 for the hour I'm in the accountants office. I have checked
around, when I show them the forms I file, they are the same price as
the guy I use.
Will Turbo Tax work for me and how much is it?
Mikek

We are a LLC and file 1065's and get K1's... The Turbo Tax setup is the
only one so far that handles that situation correctly. It will cost
about 90 bucks but seriously, if you have your tax catergories all set
up already and can quickly get your totals at the end of the year, AND
can afford the accountant, I would do both....

Taxes... Done!!
 

On Mon, 10 Mar 2014 14:04:01 -0500, amdx wrote:

On 3/6/2014 12:04 PM, wrote:
On Thu, 06 Mar 2014 11:52:50 -0500, Poco Loco
wrote:

On Thu, 06 Mar 2014 11:30:08 -0500, wrote:

I am still waiting for my K-1 from Carl Ichan.

Then I have to see if I can come up with any basis at all for the 200
IBM I sold last year.
I have 500 that I don't have a clue about. IBM stock holder relations
was less than helpful. I assume IRS doesn't know either.

The actual filing is pretty easy once I get those issues figured out
Back in the day, when I had my business, Turbotax was worth the money.
Now IRS will give you "fillable" PDFs that make it pretty easy to
actually put the return together. If they would do the math it would
be very fast.

I got the K-1 quite a while back. Pain in the butt, but it got another $55 back from IRS, so I
suppose the 5 minute effort was worth it. Turbo Tax makes it pretty easy.

I sold off a lot of stuff last year and got into ETF's. Luckily I had some big losses from the
'crash' a few years back which offset about 60% of the gains from the sales. Whew!

TT just goes to the brokerage 1099 files and completes everything in a few seconds. Absolutely
amazing. This year my credit union data is all there.

A very nice thing about TT is its ability to go into last year's return and carry forward all the
necessary information - individual data, employer data, charity data, addresses, etc, etc....all
that stuff that takes a long time to enter. And...it does the math.

I used Turbotax for years but my return got so simple it just does not
seem to be worth it anymore.
When I was on about 30-40 pages of stuff I would not go any other way.

My wife and I are self employed, fairly simple business, but I'll pay
at least $500 for the hour I'm in the accountants office. I have checked
around, when I show them the forms I file, they are the same price as
the guy I use.
Will Turbo Tax work for me and how much is it?
Mikek

Turbo Tax should be pretty easy, as long as you can handle a Schedule C (Profit or Loss from
Business). If you have your last year's Schedule C as a guide, it should be pretty simple. It costs
about $75 for the home and business version, plus some more for state tax. The price includes
e-filing your federal, and e-filing the state runs another $20.

https://turbotax.intuit.com/personal...d-business.jsp

Taxes... Done!!
 

On 3/10/2014 4:22 PM, Poco Loco wrote:
On Mon, 10 Mar 2014 14:04:01 -0500, amdx wrote:

On 3/6/2014 12:04 PM, wrote:
On Thu, 06 Mar 2014 11:52:50 -0500, Poco Loco
wrote:

On Thu, 06 Mar 2014 11:30:08 -0500, wrote:

I am still waiting for my K-1 from Carl Ichan.

Then I have to see if I can come up with any basis at all for the 200
IBM I sold last year.
I have 500 that I don't have a clue about. IBM stock holder relations
was less than helpful. I assume IRS doesn't know either.

The actual filing is pretty easy once I get those issues figured out
Back in the day, when I had my business, Turbotax was worth the money.
Now IRS will give you "fillable" PDFs that make it pretty easy to
actually put the return together. If they would do the math it would
be very fast.

I got the K-1 quite a while back. Pain in the butt, but it got another $55 back from IRS, so I
suppose the 5 minute effort was worth it. Turbo Tax makes it pretty easy.

I sold off a lot of stuff last year and got into ETF's. Luckily I had some big losses from the
'crash' a few years back which offset about 60% of the gains from the sales. Whew!

TT just goes to the brokerage 1099 files and completes everything in a few seconds. Absolutely
amazing. This year my credit union data is all there.

A very nice thing about TT is its ability to go into last year's return and carry forward all the
necessary information - individual data, employer data, charity data, addresses, etc, etc....all
that stuff that takes a long time to enter. And...it does the math.

I used Turbotax for years but my return got so simple it just does not
seem to be worth it anymore.
When I was on about 30-40 pages of stuff I would not go any other way.

My wife and I are self employed, fairly simple business, but I'll pay
at least $500 for the hour I'm in the accountants office. I have checked
around, when I show them the forms I file, they are the same price as
the guy I use.
Will Turbo Tax work for me and how much is it?
Mikek

Turbo Tax should be pretty easy, as long as you can handle a Schedule C (Profit or Loss from
Business). If you have your last year's Schedule C as a guide, it should be pretty simple. It costs
about $75 for the home and business version, plus some more for state tax. The price includes
e-filing your federal, and e-filing the state runs another $20.

https://turbotax.intuit.com/personal...d-business.jsp



My point was most of them... quick books, turbo tax, etc do schedule C
income.. Have for about 10 years now but if you are a "LLC Partnership"
and get paid "Guaranteed Payments to Partners" via form K1, you don't
get a schedule C and the K1 chokes all of the "Business" versions of tax
software so far that I have seen *except* Turbo Tax... Turbo Tax just
picked up on that I think in the last three years...

Taxes... Done!!
 

On Mon, 10 Mar 2014 14:04:01 -0500, amdx wrote:

On 3/6/2014 12:04 PM, wrote:
On Thu, 06 Mar 2014 11:52:50 -0500, Poco Loco
wrote:

On Thu, 06 Mar 2014 11:30:08 -0500, wrote:

I am still waiting for my K-1 from Carl Ichan.

Then I have to see if I can come up with any basis at all for the 200
IBM I sold last year.
I have 500 that I don't have a clue about. IBM stock holder relations
was less than helpful. I assume IRS doesn't know either.

The actual filing is pretty easy once I get those issues figured out
Back in the day, when I had my business, Turbotax was worth the money.
Now IRS will give you "fillable" PDFs that make it pretty easy to
actually put the return together. If they would do the math it would
be very fast.

I got the K-1 quite a while back. Pain in the butt, but it got another $55 back from IRS, so I
suppose the 5 minute effort was worth it. Turbo Tax makes it pretty easy.

I sold off a lot of stuff last year and got into ETF's. Luckily I had some big losses from the
'crash' a few years back which offset about 60% of the gains from the sales. Whew!

TT just goes to the brokerage 1099 files and completes everything in a few seconds. Absolutely
amazing. This year my credit union data is all there.

A very nice thing about TT is its ability to go into last year's return and carry forward all the
necessary information - individual data, employer data, charity data, addresses, etc, etc....all
that stuff that takes a long time to enter. And...it does the math.

I used Turbotax for years but my return got so simple it just does not
seem to be worth it anymore.
When I was on about 30-40 pages of stuff I would not go any other way.

My wife and I are self employed, fairly simple business, but I'll pay
at least $500 for the hour I'm in the accountants office. I have checked
around, when I show them the forms I file, they are the same price as
the guy I use.
Will Turbo Tax work for me and how much is it?
Mikek

Correction: If your business is a corporation, partnership, or multimember LLC, then you'll need
Turbo Tax Business.

https://turbotax.intuit.com/small-bu...s/business.jsp

I use Turbo Tax Deluxe, which handles all my needs. It also has the capability of completing
Schedule C, but it does suggest going with the Home and Business version.

Taxes... Done!!
 

On 3/10/2014 5:18 PM, Poco Loco wrote:
On Mon, 10 Mar 2014 14:04:01 -0500, amdx wrote:

On 3/6/2014 12:04 PM, wrote:
On Thu, 06 Mar 2014 11:52:50 -0500, Poco Loco
wrote:

On Thu, 06 Mar 2014 11:30:08 -0500, wrote:

I am still waiting for my K-1 from Carl Ichan.

Then I have to see if I can come up with any basis at all for the 200
IBM I sold last year.
I have 500 that I don't have a clue about. IBM stock holder relations
was less than helpful. I assume IRS doesn't know either.

The actual filing is pretty easy once I get those issues figured out
Back in the day, when I had my business, Turbotax was worth the money.
Now IRS will give you "fillable" PDFs that make it pretty easy to
actually put the return together. If they would do the math it would
be very fast.

I got the K-1 quite a while back. Pain in the butt, but it got another $55 back from IRS, so I
suppose the 5 minute effort was worth it. Turbo Tax makes it pretty easy.

I sold off a lot of stuff last year and got into ETF's. Luckily I had some big losses from the
'crash' a few years back which offset about 60% of the gains from the sales. Whew!

TT just goes to the brokerage 1099 files and completes everything in a few seconds. Absolutely
amazing. This year my credit union data is all there.

A very nice thing about TT is its ability to go into last year's return and carry forward all the
necessary information - individual data, employer data, charity data, addresses, etc, etc....all
that stuff that takes a long time to enter. And...it does the math.

I used Turbotax for years but my return got so simple it just does not
seem to be worth it anymore.
When I was on about 30-40 pages of stuff I would not go any other way.

My wife and I are self employed, fairly simple business, but I'll pay
at least $500 for the hour I'm in the accountants office. I have checked
around, when I show them the forms I file, they are the same price as
the guy I use.
Will Turbo Tax work for me and how much is it?
Mikek

Correction: If your business is a corporation, partnership, or multimember LLC, then you'll need
Turbo Tax Business.

https://turbotax.intuit.com/small-bu...s/business.jsp

I use Turbo Tax Deluxe, which handles all my needs. It also has the capability of completing
Schedule C, but it does suggest going with the Home and Business version.


And again, Turbo Tax is the only one as of now that I know of that
handles LLC Corporations and their special kind of income. Used to drive
me crazy, no button for Payments to Partners in any of the different
packages. But not Turbo Tax Home and Business 2013 does it...

Taxes... Done!!
 

amdx wrote:
On 3/6/2014 12:04 PM, wrote:
On Thu, 06 Mar 2014 11:52:50 -0500, Poco Loco
wrote:

On Thu, 06 Mar 2014 11:30:08 -0500, wrote:

I am still waiting for my K-1 from Carl Ichan.

Then I have to see if I can come up with any basis at all for the 200
IBM I sold last year.
I have 500 that I don't have a clue about. IBM stock holder relations
was less than helpful. I assume IRS doesn't know either.

The actual filing is pretty easy once I get those issues figured out
Back in the day, when I had my business, Turbotax was worth the money.
Now IRS will give you "fillable" PDFs that make it pretty easy to
actually put the return together. If they would do the math it would
be very fast.

I got the K-1 quite a while back. Pain in the butt, but it got another
$55 back from IRS, so I
suppose the 5 minute effort was worth it. Turbo Tax makes it pretty easy.

I sold off a lot of stuff last year and got into ETF's. Luckily I had
some big losses from the
'crash' a few years back which offset about 60% of the gains from the sales. Whew!

TT just goes to the brokerage 1099 files and completes everything in a
few seconds. Absolutely
amazing. This year my credit union data is all there.

A very nice thing about TT is its ability to go into last year's return
and carry forward all the
necessary information - individual data, employer data, charity data,
addresses, etc, etc....all
that stuff that takes a long time to enter. And...it does the math.

I used Turbotax for years but my return got so simple it just does not
seem to be worth it anymore.
When I was on about 30-40 pages of stuff I would not go any other way.

My wife and I are self employed, fairly simple business, but I'll pay at
least $500 for the hour I'm in the accountants office. I have checked
around, when I show them the forms I file, they are the same price as the guy I use.
Will Turbo Tax work for me and how much is it?
Mikek

When I had a business, partnership, we used an accountant for the business
part. I use Tax Cut, as some years ago, Turbo Tax put some anti copy stuff
into the program, and prevented it from running the following year, plus an
error in tables. So went to Tax Cut. Works fine. As to K-1's, nothing
handles them well. LINE had a downloadable file for Turbo Tax one year.