rsb
Level 1
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Best Answer Click here
Labels
George4Tacks
Level 15
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
1040 only. Not for 1041.
A sharpie works well, but only on a paper return.
Answers are easy. Questions are hard!
sjrcpa
Level 15
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Irs knows an extension has been filed. There is no need to announce it on page 1.
The more I know the more I don’t know.
abctax55
Level 15
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Susan is 100% correct. If an extension was filed, the IRS is aware. If it wasn't, putting those words on the top won't make a difference.
Edit:
And...exactly what "professional standard" addresses this reporting?
I've been doing this for decades and have never put that info on a return; I don't think I've actually seen it on more than a handful of returns.
Edit:
And...exactly what "professional standard" addresses this reporting?
I've been doing this for decades and have never put that info on a return; I don't think I've actually seen it on more than a handful of returns.
HumanKind... Be Both
rsb
Level 1
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
So it’s ok to do on 1040s but not on 1041s?
abctax55
Level 15
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Screen 3, just above "Organizer Misc" - there's a box to enter *Form 1040 text*
Code 76, if you speak batch entry.
HumanKind... Be Both
rsb
Level 1
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I don't seem to have that. I am in Lacerte.
abctax55
Level 15
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
oops...sorry, I read F 1040. I don't know about F 1041, but if available, it would be on the "misc" screen.
@George4Tacks - any idea?
@George4Tacks - any idea?
HumanKind... Be Both
rsb
Level 1
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Can we have them fix that? Or is that a triumph of hope over reality, as Shaw described second marriages?
George4Tacks
Level 15
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Sorry, I am still on my first, but you could add it to the "feedback" in the Help of the program, but I am sure it would go well down the list.
It may be that MeF doesn't have a code of such items, other than 1040. Maybe @IntuitBettyJo could find out
Answers are easy. Questions are hard!
It may be that MeF doesn't have a code of such items, other than 1040. Maybe @IntuitBettyJo could find out
Answers are easy. Questions are hard!
Community Manager
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hi there,
If you go to screen 51 there's a notes section that you can add a message to be included on the 1041. It won't be on the header, however it will attach as a statement. Hope this helps!
-Betty Jo
If you go to screen 51 there's a notes section that you can add a message to be included on the 1041. It won't be on the header, however it will attach as a statement. Hope this helps!
-Betty Jo
rsb
Level 1
12-07-2019
11:21 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No that just substitutes a less professional standard for a more professional standard. I want a return that says an extension has been granted and a date. I don’t want to type that in. I want it calculated and added and not as an attachment.
abctax55
Level 15
10-21-2020
03:03 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
As Susan said ten months ago, this isn't required (or needed) by the IRS. They know.
So it isn't a *professional* standard that is being violated.
I doubt seriously Intuit will devote any bandwidth to implementing something that isn't required by the IRS.
HumanKind... Be Both