Faq

[Joe Btfsplk]

I thought I'd start a FAQ list to anticipate client questions:

How much can I earn before I have to file?
How much do I get for an exemption?
What's the standard deduction?
What's the mileage allowance for Business, Medical, Moving, charity?
What can I earn if I start drawing SS before age 65 yrs, 10 mo before it is reduced?
How much do I have to earn before my employer quits withholding Soc Sec?
What's the Roth IRA phase out amount?
What's the AGI limit on making conversions to a Roth IRA?
How much do you charge to do a tax return?
How long will it take to get my refund.
How much time will I get to wait by getting an extension?

[WhiteOleander]

How much can I earn to get the max EIC so I know when to quit work?

[JoshinNC]

I got this one the other day-

Since we created that S-Corp earlier this year my husband doesn't have to file an individual return, right?

[Joe Btfsplk]

Client terminology

How much can I earn to get the max EIC so I know when to quit work?

A client never calls it "Earned Income credit" They call it "UNearned Income Credit"

[veritas]

Why does my neighbor get back $5,000 every year and I only get $1,000?

I need my taxes done asap can I come today at (your) lunch time?

I just found another 13 w2s I forgot to give you. Does that make a difference?

[Black Bart]

I've got a couple of those.

A client never calls it "Earned Income credit" They call it "UNearned Income Credit"

(1) Are you a notary REpublic?

(2) Are you a notary REpublicAN?

[Unregistered]

I had a call asking how much could be earned before you start to lose the "Child Credit". So that was the answer I gave them before hanging up and chuckling.

[Chief]

fag fag

Why waste ur time. Use someone's. There are so many already prepared.

[Armando Beaujolais]

Client: "What's the maximum I can deduct for charitable contributions?"

Me: "What's your net worth?"

It rolls around in their head a while, then they get it and say "I didn't give away everything." Then let's talk about what you actually gave.

[Eli]

How 'bout this one...

One lady called to ask if she could claim her grandchild since her daughter owed her some money, this would be a way for her to pay that debt.

Eli

[jainen]

charitable contributions

{for charitable contributions} I'll just take the standard amount, okay?

[Unregistered]

{for charitable contributions} I'll just take the standard amount, okay?

Okay, but the rules don't allow you to deduct property taxes, mortgage interest, investment expense, or any other personal deductions if you use the standard charitable deduction for your filing status.