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    #16
    Learning as we go

    I had been doing taxes for (probably) too many years before I encountered this type of situation.

    The software at the time had a cow when I tried to enter the W2 without FICA/Medicare.

    Actually, such a W2 situation is quite common with college students. My own darling dependents have actually since received such documents.

    But if you really want me to show my age, let me tell you how proud I was sometime in the distant past to purchase a four-function + memory TI calculator for around $80. Can anyone say "check tape" ??

    FE

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      #17
      Are you talking about the "check tapes" you used to have to do with HRB in the last century, where you worked backwards on the return and put all negative numbers in as positive and all positives in as negatives to come up with a solution of zero? I bet I could still do one of those.

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        #18
        I first heard about it in a tax course using the CCH Federal Tax Course book. And that was when a simple 4 function battery calculator was over $100.00.

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          #19
          Check tape

          Originally posted by Burke View Post
          Are you talking about the "check tapes" you used to have to do with HRB in the last century, where you worked backwards on the return and put all negative numbers in as positive and all positives in as negatives to come up with a solution of zero? I bet I could still do one of those.
          That use of "last century" is painful, but you are correct. We could not submit a completed return to "the checkers" until a zero check tape was present in the folder.

          I can still smell that doggone ammonia.......

          FE

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