If your office never exceeds 499 returns, you can skip this rant. Otherwise, . . .
"The client search will automatically change when your site hits 499 returns. This is to allow for more efficiency when loading the client list and searching for taxpayers." So, the list loads quickly BUT at the loss of usefulness. With < 500 returns, you can sort on most any column and you can search on a part of a name (useful if you are uncertain of the exact spelling), telephone number, or SSN. When you have 500 or more returns, the list shows "the latest 100 returns." The ability to sort on a column is gone. Need to find a specific return? The Search function requires the complete SSN, complete (first or last) name, or complete telephone number. Don't know the spelling of the taxpayer's last name (or is it misspelled?) -- too bad! Much of the utility of the OCL is lost when the number of returns exceeds 500 (last year it was 1000). There appears to be no way for the user (or administrator) to change the cutoff number.
1 Comment
TaxSlayer now provides the current (and past) version numbers, dates updated, and the release notes for each version. In TaxSlayer (Practice Lab or production), click on Release Notes in the left menu. To view the federal information, click on Federal, then Individual, and then Individual Core. To view the Vermont information, click on State and then on Vermont.
As of today (March 18) TaxSlayer DOES NOT have HI-144 Line J correct when there is a rollover and the same taxpayer also has additional taxable 1099-R income. TaxSlayer does not report the Rollover amount on Line J (correct) BUT if the same taxpayer who had the rollover also has additional taxable 1099-R income, TS also reduces that amount by the amount of the rollover ('double dipping').
Not all of TaxSlayer's improvements are in the forward direction. We only discovered this error because our taxpayer had already worked out (correctly) his VT return and his and our HI-144s did not agree. TaxSlayer initially did not provide a way to include SSI and VA benefits on line B of the HI-144. They have now added an input field to do this. ALAS, the values entered here are transferred to line O (second page) and are subtracted from the VT income!.
Work around: Enter SSI and VA benefits as Public Assistance (line A) so that it will be added to the household income. If you mistakenly answer Yes to the question "Are you going to file a property tax adjustment later?" TaxSlayer will still accept input for Part B (Housesite value, Taxes, etc) but they will not be transmitted with the return. If you look at the HS-122 in the PDF, those fields will be blank and, if the TP does not file a PTA claim later, they will get no state payment. Therefore, check the answer to this question carefully.
|
Archives
February 2020
Categories |