Just notified about IRS Audit FDX
03-26-2010, 07:34 PM
#31
Gets Weekends Off
Joined APC: Aug 2006
Position: 1559
Posts: 1,535
You can still sign up, but it costs a lot more.
This package alone makes TT worth it.
TaxResources Member Center
This package alone makes TT worth it.
TaxResources Member Center
03-27-2010, 06:44 PM
#33
Gets Weekends Off
Joined APC: Oct 2006
Position: B777 Capt(retired)
Posts: 163
About the time you think you figured it out..
I've used turbotax & audit defense for years. This year someone pointed out Pro Diem and it worked great. Easy and $1500 greater deduction than my figuring...... AMT added $600 at the finish line.
Somehow I did not come out any better but there's peace of mind that it is accurate.
I'll do the same next year.
Somehow I did not come out any better but there's peace of mind that it is accurate. I'll do the same next year.
04-07-2010, 09:33 AM
#34
Gets Weekends Off
Joined APC: Jul 2006
Position: 777 CAP
Posts: 494
I've used turbotax & audit defense for years. This year someone pointed out Pro Diem and it worked great. Easy and $1500 greater deduction than my figuring...... AMT added $600 at the finish line. Somehow I did not come out any better but there's peace of mind that it is accurate. I'll do the same next year.
Somehow I did not come out any better but there's peace of mind that it is accurate. I'll do the same next year.1. With all per diem and unreimbursed employee expenses.
2. Without No. 1.
I find that the AMT nullifies any/most of the tax advantage and if you have a high 2% AGI threshold you may barely cross it. Is it worth the effort and potential for an audit?
01-07-2011, 04:07 PM
#36
With The Resistance
Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
I've calculated my taxes for several years two ways:
1. With all per diem and unreimbursed employee expenses.
2. Without No. 1.
I find that the AMT nullifies any/most of the tax advantage and if you have a high 2% AGI threshold you may barely cross it. Is it worth the effort and potential for an audit?
1. With all per diem and unreimbursed employee expenses.
2. Without No. 1.
I find that the AMT nullifies any/most of the tax advantage and if you have a high 2% AGI threshold you may barely cross it. Is it worth the effort and potential for an audit?
Generating a long list of deductions is also more likely to win you the audit prize.
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