Greta
Level 9
12-07-2019
11:33 AM
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Best Answer Click here
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itonewbie
Level 15
12-07-2019
11:33 AM
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"I am certain zero of my clients trade in virtual currency"
The only confidence you can have under the law is to have the documentation on file, e.g. response from your client, to evident that your clients don't have any. Being able to read the minds of your clients or knowing them since childhood will just not cut it.
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Still an AllStar
Still an AllStar
Level 15
12-07-2019
11:33 AM
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You could edit the client template and mark the box and that would auto check the box for any new clients...not sure there is any option for returning clients.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 15
12-07-2019
11:33 AM
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nope, the client template wont let me mark that box at all...sorry
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 15
12-07-2019
11:33 AM
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lets just hope its one of those things that trigger a red error alert so we remember to check that box!
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
clr600
Level 8
12-07-2019
11:33 AM
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You will need to check the box on the 1040/1040SR works then it will flow to Sch 1
AmandaDera
Level 1
01-14-2020
03:50 PM
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1040/1040SR Wks in section sch 1 add income and adjust before part 1
ChrisCPA1
Level 3
02-28-2020
04:46 PM
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For the DEV team... PLEASE LET US AUTO default this question. I literally updated software this AM and e-filed over 100 returns. 21 kicked out because of this issue. It took me a half hour to click NO for EVERY one of these!