Other 1040/NR obstacles

Taxpoor · Post by **Taxpoor** » Wed Apr 24, 2013 10:14 pm

My previous post regarding the Schedule B has been rectified. I received a reply from the Firm and they do agree (finally) that I am correct that it has to be included.

Next....

my draft copy of 1040/1040NR has the tax dates(on both forms) of Jan01 to Dec 31 2012.

I was under the impression that (following my relinquishment on December 12th 2012), the 1040 would have to reflect a tax date of Jan 01 2012 to December 12 2012, and the 1040NR would reflect the remaining days of the year (?)

Can anyone clarify this?

nelsona · Post by **nelsona** » Thu Apr 25, 2013 7:19 am

You write DUAL status statement" accross the top of the 1040.

Taxpoor · Post by **Taxpoor** » Thu Apr 25, 2013 7:49 am

Thanks Nelsona,

Yes..they actually did write 'dual status return' at the top of both forms, so basically what you are saying is that the tax dates can run the entire year on both forms...or be tabulated as such?

One other question that was responded to this morning by the Accountant in question is the blank feilds on the 1040NR. I have been told that since I am paper filing this return, there is no need to place a "0" in the feilds.

Does this correspond with your thinking?

nelsona · Post by **nelsona** » Thu Apr 25, 2013 9:16 am

Really? C'mon.

Taxpoor · Post by **Taxpoor** » Thu Apr 25, 2013 9:26 am

Nelsona

Not sure how to interpret your response, can you be more specific?

nelsona · Post by **nelsona** » Thu Apr 25, 2013 10:04 am

Re-read your question and my answer, and re-evaluate if it is worth wasting any more time on, please.

graubart · Post by **graubart** » Thu Apr 25, 2013 5:53 pm

In my limited experience, the IRS doesn't distinguish between a blank entry and zero.

But if you haven't filled yet, there's no reason not to enter a zero if you want.

Taxpoor · Post by **Taxpoor** » Thu Apr 25, 2013 6:46 pm

Thanks for the reply graubart...its nice to have clarity on some of these finer points.

nelsona · Post by **nelsona** » Thu Apr 25, 2013 9:32 pm

Carity?! your cpa says don't put 0's, and graubert say put 'em. So, I'll say put 'NIL' on each blank line,

You must be the person everyone complains about at starbucks taking forever to order their coffee!

Taxpoor · Post by **Taxpoor** » Thu Apr 25, 2013 10:01 pm

I don't think graubert said to "put'em" but rather that the IRS doesn't distinguish between a blank entry and zero. In other words they don't really care either way.

Not a big starbucks fan...

worryfreeinvestor · Post by **worryfreeinvestor** » Mon Jan 20, 2014 10:27 am

Can one just rigwrite "ZILCH"? (kidding.)