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I am on that website. My question is that Will my filing be

I am on that website. My question is that Will my filing be considered part of streamlined filing compliance? I read on the IRS website that as part of streamlined filing compliance I need to certify that my conduct was not willful.

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Robin D.

Vocational, Technical or Trade School

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US LLC file Form 1065. the owners are foreign person

Hello, US LLC file Form 1065. the owners are foreign person (Canadians) and have US ITIN and file Form 1040NR. What's specific Forms need to file with the company income tax return? Owners have K-1 every year and file Form 1040NR. Thank you

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Mark Taylor

Certified Public Accountant

Masters

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346 satisfied customers
I just amended a clients returns, 14 and 15. I would like to

I just amended a clients returns for 2013, 14 and 15. I would like to work out the interest they owe for each year so they can make an accurate payment. I find it confusing, as IRS wiill give a percentage to add to another rate. I do not find a table anywhere. For that matter, I would accept a workable rule of thumb that would get me close to the correct answer, if that was available. I run into variants of this problem routinely in trying to work out penalties. My computer- Intuit Pro Series--calculates pretty much everything else. What is the solution?

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Dr. Fiona Chen

President

Ph.D.

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66 satisfied customers
I have a question about a returned check, I had two 941

I have a question about a returned checkJA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: I had two 941 payments that went to the wrong bank account. Will the clearinghouse resubmit the ach payments?JA: Is there anything else the Accountant should be aware of?Customer: Will i receive the 608c letter if the clearinghouse resubmits?JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Accountant about your situation and then connect you two.

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Mark Taylor

Certified Public Accountant

Masters

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346 satisfied customers
I am amending a 1040 which when originally filed did not

I am amending a 1040 for 2014 which when originally filed did not have an NOL.JA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: When I amend the 2014 it generates a NOL but I do NOT want to carryback I want to carry forwardJA: Is there anything else the Accountant should be aware of?Customer: No election was made on the originally filed 2014 returnJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Accountant about your situation and then connect you two.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

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16,764 satisfied customers
No 1120-H filed ,2014, or 2015, Should I just file them with

No 1120-H filed for 2013,2014, or 2015JA: The Accountant will know how to help. Please tell me more, so we can help you best.Customer: Should I just file them with a letter of explanation. They were filed for 2008-2012.JA: Is there anything else the Accountant should be aware of?Customer: NoJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Accountant about your situation and then connect you two.

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emc011075

Tax advisor and Enrolled Agent

Bachelor's Degree

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3,738 satisfied customers
Client made traditional IRA contribution in 2013. In Early

Client made traditional IRA contribution in 2013. In Early 2014 they learned they can not deduct the contribution due to being in a plan at work. Client withdrew IRA contribution prior to due date of tax return. There were no earnings. 1099-R was issued for 2014 code 1. IRS wants to assess tax on distribution plus 10% penalty.Trying to show as a return of IRA contribution. Would that be on a 5329?The 2013 return does not show a contribution and the original 2014 return did not show the distribution.Or if no 5329, do we just send in an explanation and show money returned prior to due date of return.

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Mark Taylor

Certified Public Accountant

Masters

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346 satisfied customers
Reasons, I was unable to file my federal income taxes and

For various reasons, I was unable to file my federal income taxes for 2013 and 2014 on a timely basis. I finally put everything together over the last few days, and I'm ready to submit my returns.Knowing back in 2013 and 2014 that I was likely to be filing well past the due date, I attempted to make large estimated tax payments for the 2013 and 2014 taxes. Now that I have finally done my taxes, I find that in the case of my 2013 taxes, I overpaid by approximately $10,000. However, for my 2014 taxes I underpaid by approximately $6,000.I have a few related questions about penalties I may now owe. Since I fully paid my 2013 taxes, am I still subject to a penalty on them for filing late? For my 2014 taxes, what are the penalties I will owe, and what forms do I use to calculate/report them? Also, since I overpaid on my 2013 taxes, can I apply the refund on the 2013 taxes to my 2014 taxes? If I can, then I would actually not have underpaid for 2014. If I can do that, should I first file only my 2013 taxes, and then wait a few weeks for the2013 refund to be applied to my 2014 taxes so that there is no confusion when I claim on my 2014 return that I had 2013 refund?

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Robin D.

Vocational, Technical or Trade School

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20,604 satisfied customers
I have taxes 13 14 15 that all need to be done, We dont owe

I have taxes for 2012 13 14 15 that all need to be done, We dont owe any money, we have so much write off every year we get back every dime my husband pays in. We have had 5 moves, New Jersy, florida, Nevada, Utah, back to Florida, back to nevada.. we Support a Non profit, my Husband has tons of travel expenses, home office epenses, supporting his Mother and father financially, theft of, storage unit, wave runner and trailor in Florida, Motorcycle trailer and golf cart in florida, lost over 80,000 dollars on a house purchace in New Jersey, Damages to our home in Florida, supporting our oldest grandaughter who lived with us 3 yrs. Loss of lots of tax documents from storage theft in Florida, Moving fees, storage fees, work related expenses etc.. Can we get ny money back for 2012 because of these circomstances? I know I can still file for 2013, 14 and 15. But we really need to get our 2012 refund as well, It's way over 28,000 dollars alone.

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Robin D.

Vocational, Technical or Trade School

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20,604 satisfied customers
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