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wm030303
wm030303, Enrolled Agent
Category: Tax
Satisfied Customers: 112
Experience:  I am both a CPA and EA with over 30 years of experience in solving tax related issues.
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New question. Read Book. discussed with classmates. Just need

This answer was rated:

New question. Read Book. discussed with classmates. Just need to go over some things with you. Will attach problem on next window.

wm030303 :

Hello Again

wm030303 :

Linda

Customer:

Hi Wm!

Customer:

I think Just Answer is getting tired of me. Anyway, that link you sent me was that for one resource or many.

Customer:

Attachment: 2011-12-01_204621_linda_12012011.docx

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And here is the problem I was speaking of.

wm030303 :

You need to ask 1 question at a time.

wm030303 :

Hold on

Customer:

Oh. ok. then just look at my problem just like you have the other problems. I will open a new " ticket" for the resource problem.

wm030303 :

I'm not sure how many deposits you made were some duolicated?

wm030303 :

duplicated

Customer:

Not sure what you mean.

Customer:

deposits or questions

Customer:

I pay everytime we discuss and come to a conclusion

wm030303 :

I'll look at your problem Linda and get back to u

Customer:

Thank you Wm.

wm030303 :

you could call me Bill

Customer:

Thanks! I wasn't sure and didn't want to offend you.

Customer:

Finally. My computer was locked up or something. Did you have a question?

wm030303 :

Yes, But one question, the White Co stock was aquired on 5/12/02 and sold on 10/15/02? or 10/15/10? I assumed it was sold on 10/15/10 and was just a typo.

wm030303 :

I'm stepping out for about 30 minutes, I do have an answer for you. Let me know if that wasa typo on the White Co stock.

Customer:

Sorry. White company was acquired 5/12/02 and sold 10/15/10.

wm030303 :

Okay, I'll scan and send the solution to you.

wm030303 :

This may have been a trick question though, because the taxpayer's SSN is an ITIN not a SSN so he doesn't qualify for the "Making Work Pay" credit or Schedule M.

wm030303 :

This is the note that describes the Sch M results and corrected Sch B with answers to foreign account questions checked

wm030303 :

Do you want to change to a SSN or use the ITIN that was part of the problem?

Customer:

Sorry. Was on computer for another class. So the XXX-XX-XXXX is an ITIN number? What does ITIN mean. Is it like an EIN?

Customer:

I am thinking since the problem states "His Social Security number is XXXXX". that the authors just made up a number. This is a beginning Tax course (doesn't seem like it) and we have not been introduced to ITIN numbers.

Customer:

Please let me know which form to use/or send the one to use. In addition I have another problem with many steps I would like to send. I do not have it all put together yet though.

Attachment: 2011-12-01_230448_linda_12012011.docx

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Customer:

Please just read first part with inserted msgs.

wm030303 :

I'll re do with a valid SSN an ITIN is for non resident aliens who are not allowed to work in USA and pay into SS but they could file a tax return or be claimed as a dependent.

Customer:

Oh. I had never heard of that before. Well, they say you should learn something new every day and I just did.

wm030303 :

Okay I did problem again changing the SSN

Customer:

ok

wm030303 :

I need to send it in 2 parts because it was too much to send in 1 part.

Customer:

No problem!

Customer:

Thank you so much Bill! Take care and I'll talk to you soon. Linda

wm030303 :

okay your welcome Linda

Customer:

Be careful of the winds!

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