New York/Connecticut Association of Tax Professionals | Site-Wide Activity https://www.nyctatp.org/activity/ Activity feed for the entire site. Fri, 01 May 2026 01:45:48 -0400 https://buddypress.org/?v= en-US 30 hourly 2 691ad0c970d3a6ecf46d33f710fccded Amy Partrick replied to the topic Paper refund in the forum Tax Discussion https://www.nyctatp.org/forums/topic/paper-refund/#post-23099 Fri, 27 Mar 2026 22:31:19 -0400 https://www.irs.gov/newsroom/irs-to-phase-out-paper-tax-refund-checks-starting-with-individual-taxpayers

]]> c52a2173c647d84d15f6c524574b77fa Emmet Gemme started the topic Updates today! in the forum Tax Discussion https://www.nyctatp.org/forums/topic/updates-today/ Sat, 21 Mar 2026 01:17:17 -0400 In the process of Website updates we had a crash. We lost todays Forum posts while restoring! Feel free to repost any of todays posts! Sorry…

]]> 77fd558d7b560602a1ab2f0ab49fac21 Emmet Gemme replied to the topic Paper refund in the forum Tax Discussion https://www.nyctatp.org/forums/topic/paper-refund/#post-23093 Fri, 20 Mar 2026 01:21:00 -0400 Why would you let them request a paper check under the new rules?

]]> b7ee6163487fc0c9c558b0fb586d3061 Samuel Greenstein started the topic Paper refund in the forum Tax Discussion https://www.nyctatp.org/forums/topic/paper-refund/ Fri, 20 Mar 2026 00:15:38 -0400 One of my clients received a letter from IRS notice53E stating that they can not do direct deposit even though they requested a paper check as a refund. they want them to go to IRS.gov/ModernPayment and they want them to go to IRS.gov/Account to access an online account.
Anybody else have a client that received this notice?

]]> 674ad508b981441c5477463d0790e616 Lynn Persson started the topic Overtime questions... Must it be time and a half to qualify?? in the forum Tax Discussion https://www.nyctatp.org/forums/topic/overtime-questions-must-it-be-time-and-a-half-to-qualify/ Thu, 19 Mar 2026 20:41:09 -0400 Does the standard of time and a half or double time apply to all overtime? Have a client, vet tech, who at times is required to sleep overnight at the clinic. They do not pay time and a half, they pay about 10% over base pay for weeknights and about 12% over her base pay for a weekend overnight.
Is this type of arrangement qualifying? Any…Read more

]]> 5bf1cf13e355124ae79995b00fffa160 Rita Lewis started the topic The Tax Book Message Board in the forum Tax Discussion https://www.nyctatp.org/forums/topic/the-tax-book-message-board/ Thu, 19 Mar 2026 05:42:31 -0400 If you were using TTB Message Board this season but gave up on it when it became excruciatingly slow and even refused to accept posts, it’s almost back to its old self again. Finally.

It loads about as fast as ever. It’s still a bit slow to accept posts, but it gets there. And, activity is picking up again.

]]> ed66ac953b3b76100b23e1cc6c2a8654 Nancy Sporbert replied to the topic Gambling Winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/gambling-winnings/#post-23088 Mon, 02 Mar 2026 00:32:58 -0500 I have FanDuel clients. I use the numbers on the Player Activity Statement as Amount Won and Amount Wagered. In my client’s case (which is probably most cases!) his losses were more then his winnings and he was able to itemize.

]]> 8e96f8a1ccd76f62902f8f89b1bbd6c7 Emmet Gemme replied to the topic Gambling Winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/gambling-winnings/#post-23087 Sat, 28 Feb 2026 00:08:38 -0500 Abe, I have been out of this game for 6 years now. But prior, I reported all I knew. Therefore I would report $1M in winnings and the losses. As we all know, losses cannot exceed gains. Maybe someone else will chime in! But report it honestly!

]]> 78cefe602a36a8f59295207fdecf350c Abraham Spierer started the topic Gambling Winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/gambling-winnings/ Wed, 25 Feb 2026 16:48:04 -0500 I am going to try this on a new thread…
A client receives a W-2G for winnings through Draft Kings for $240K. In looking for losses to offset the winnings, Draft Kings produced their annual statement which shows $1M in winnings, and $1.1M in looses. Should I be reporting all $1M in income, and $1M on schedule A? This actually pertains to 2024…Read more

]]> a5382bf7bb51c4edcfed8e43e6097168 Rita Lewis replied to the topic Senior Discount in the forum Tax Discussion https://www.nyctatp.org/forums/topic/senior-discount/?view=all#post-23085 Wed, 25 Feb 2026 00:43:19 -0500 I haven’t had anyone with a 01-01-1961 birthdate, but I’d contact your software’s tech support.

]]> c0a7cd8b01470b393dba4851a8098a9a John J King replied to the topic W-2 box 14 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/w-2-box-14-2/#post-23083 Tue, 24 Feb 2026 21:12:56 -0500 Thank you Nancy
John

]]> dd4c71bb7cdacbf1cb7d673c0aa7589d Nancy Sporbert replied to the topic W-2 box 14 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/w-2-box-14-2/#post-23082 Tue, 24 Feb 2026 20:59:14 -0500 Premium Overtime Earnings

(One of the many aliases that Overtime is going by in Box 14!)

]]> bd9c4c069c652be9cdd7ba55387566d1 John J King started the topic W-2 box 14 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/w-2-box-14-2/ Tue, 24 Feb 2026 20:55:51 -0500 Does anybody know what W-2 box 14 other POE stand for?
Thank John King

]]> 3f2b33b6bba3c2570b3fb69c7bea4397 Laura Hartmann started the topic Senior Discount in the forum Tax Discussion https://www.nyctatp.org/forums/topic/senior-discount/ Tue, 24 Feb 2026 16:59:23 -0500 Pub 554 states that a qualified individual is considered to be age 65 on the day before your 65th birthday. As a result my client born 01-01-1961 should be eligible for the Senior Discount. My software calculated it but it is rejected at efiling. Have you experienced this?

]]> dec46ff1a4eb35e9420d7c5f610a6fa9 William Oricchio replied to the topic No tax on overtime for civil service workers ie: Police officers, Court Officers in the forum Tax Discussion https://www.nyctatp.org/forums/topic/no-tax-on-overtime-for-civil-service-workers-ie-police-officers-court-officers/#post-23078 Sun, 22 Feb 2026 22:27:26 -0500 Hi John,

My understanding is yes if they otherwise qualify.

Bill

]]> e8939b17c77dceddf9e7e6a5a05d8b0d Robert Williams replied to the topic New Client Business Possibilities in the forum Tax Discussion https://www.nyctatp.org/forums/topic/new-client-business-possibilities/#post-23077 Sat, 21 Feb 2026 17:55:33 -0500 A THANK YOU TO THOSE THAT RESPONDED !!!

]]> c620f4a45b1311198b230d05d489d341 Christopher Pace started the topic Looking for someone who is experienced filling out form 3115 in the forum Tax Discussion https://www.nyctatp.org/forums/topic/looking-for-someone-who-is-experienced-filling-out-form-3115/ Thu, 19 Feb 2026 21:04:44 -0500 I have a friend who prepared his taxes on his own and they just sold a rental property in 2025. He asked me to prepare the return however I found out they never took depreciation for the last 12 years. I believe you need to recapture it, but what happens to the deduction he missed out on? Would form 3115 be beneficial in this case? I am not…Read more

]]> 7e0198ef8fcc94977ba6c4ce83118140 Laura Hartmann started the topic ATTENTION DRAKE SOFTWARE USERS in the forum Tax Discussion https://www.nyctatp.org/forums/topic/attention-drake-software-users/ Thu, 19 Feb 2026 20:13:11 -0500 If you are frustrated with the lack of CT business forms ready for filing, I urge you to send an email to Feedback@DrakeSoftware.com and request some feedback and support. I have spoken with Deputy John Biello with the CT DRS and he said it is not a state problem but the software vendor.

If enough of us write to complain and ask for support in…Read more

]]> 94aa406d8749be2755bfc8a0b620654c Robert Williams started the topic New Client Business Possibilities in the forum Tax Discussion https://www.nyctatp.org/forums/topic/new-client-business-possibilities/ Thu, 19 Feb 2026 19:03:12 -0500 I have two family members that have been advised that their New Milford tax preparer has closed her business. One member lives in Ridgefield and another in Danbury.

The only taxes that I will be preparing for 2025 are my own!

Please advise your interest. If desired, do so via an email to me, taxrew@gmail.com.

Thanks,
Bob

]]> 4e1e5808199d528ec9da57d3df33aeb2 John J King started the topic No tax on overtime for civil service workers ie: Police officers, Court Officers in the forum Tax Discussion https://www.nyctatp.org/forums/topic/no-tax-on-overtime-for-civil-service-workers-ie-police-officers-court-officers/ Thu, 19 Feb 2026 18:01:31 -0500 Are civil service workers able to reduce taxes on overtime pay?
Thank you
John King

]]> 17881db4d08d95c1327a43b854bd4916 Abraham Spierer replied to the topic Reporting Gambling winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/reporting-gambling-winnings/#post-23072 Thu, 19 Feb 2026 16:50:15 -0500 Thank you for the support Emmet. I am looking forward to input from our members.

]]> 3c9ba2ac8edd2ddd701b4ec7b550872c Karen Buongiorno replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23071 Wed, 18 Feb 2026 02:12:28 -0500 Actually, I like Renee’s method as well!!!
Thank you all

]]> 0dfda511d6494afef3ee66f0fc6a653f Rita Lewis replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23070 Wed, 18 Feb 2026 00:40:15 -0500 I really like Renee’s method that eliminates all the noise, questions, arguments, ambiguity, confusion, etc.

]]> 080008d855ebcf943b5eceff1a1041a0 Emmet Gemme replied to the topic Reporting Gambling winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/reporting-gambling-winnings/#post-23069 Tue, 17 Feb 2026 22:52:28 -0500 Hey All,

Can someone help Abe please?

Thx,
Emmet

]]> 9e034ad09547c24e513797ebcca53727 Renee Laferriere replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23068 Tue, 17 Feb 2026 22:11:45 -0500 We are not treating it as an itemized deduction recovery. The check had nothing to do with the actual amount of sales or income tax paid. We are including it as a taxable state refund on all clients.

]]> 9ac14d7e52574a730f231ff876becf4a Karen Buongiorno replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23067 Tue, 17 Feb 2026 18:44:09 -0500 TY All!
May I ask for another thought based on Rita’s response…… and tell me if I am reading too much into this!!!!!!
The income might need to be included if itemized deductions were claimed in the prior year (2024) OR in 2023 BECAUSE the check was based on the filing of a 2023 IT-201???????

]]> f6166d6800096e47a8826136084d7d49 Rita Lewis replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23066 Tue, 17 Feb 2026 15:33:58 -0500 From one of our IRS Liaisons:

Yes, all income is taxable unless specifically exempted by law. I have not seen anything to the contrary regarding this pay-out [NYS Inflation Refund checks].

I researched on Google, and this is the response, the payment was considered a refund of NYS taxes:

Yes, NYS Inflation Refund checks are considered taxable…Read more

]]> d71acd8d3d31c8fa1ce3b34e81788165 Renee Laferriere replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23065 Mon, 16 Feb 2026 22:50:22 -0500 Sorry, Bob! To receive a NYS Inflation refund the taxpayer had to file a 2023 IT-201.

]]> 475c10ed0016ee6ac26b3421834e94b6 Robert Williams replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23064 Mon, 16 Feb 2026 18:20:28 -0500 Does the refund apply to non residents who file IT-203? Do they qualify?

Thanks

]]> b3dda000fe69a9c7b0206b2a448d3e3e Abraham Spierer started the topic Reporting Gambling winnings in the forum Tax Discussion https://www.nyctatp.org/forums/topic/reporting-gambling-winnings/ Sun, 15 Feb 2026 22:40:10 -0500 HI all,

Can you provide guidance on reporting gambling winnings. I know you can’t rely solely on a W-2G or a 1099, but in the case of Draft Kings for example, is it proper to get their annual statement which shows winnings and losses? I have clients which show $1M in winnings and over $1M in losses. Of course in CT that’s a killer. I’m just…Read more

]]> 8723ef6830eb1eb3d09f4d2cb706247a Renee Laferriere replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23062 Sun, 15 Feb 2026 19:36:09 -0500 There has been a lot of discussion over the taxation of the NYS Inflation Refunds checks. They were represented as a refund of sales tax, but were not specifically calculated on sales tax paid. There are good arguments for taxable and for not taxable. Our office is treating them as a taxable state refund. They are taxed on the federal return,…Read more

]]> 641daa296a8071a78a0744eacc70962e Anthony DiCaprio replied to the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/#post-23061 Sun, 15 Feb 2026 19:06:32 -0500 we inquired and the payments are not considered taxable as it is not a refund of income tax.

]]> c11b52ba1369ebca2acfae48c0d03afd Karen Buongiorno started the topic NYS Inflation Refund Checks in the forum Tax Discussion https://www.nyctatp.org/forums/topic/nys-inflation-refund-checks/ Sun, 15 Feb 2026 17:33:57 -0500 Inquiring as to how those who prepare NYS returns are handling the NY Inflation Refund checks……..
The presenter of the NY update at our December seminar did not have answers as to taxability on the 1040. I called NYS DTF on Friday….. ditto. I’ve found 1099-Gs for clients and the instructions aren’t clear. I’ve looked at 1040 instructions as…Read more

]]> 4ff91a22b19e45478b635b08d0abf07b Samuel Greenstein replied to the topic Claiming Head of Household in the forum Tax Discussion https://www.nyctatp.org/forums/topic/claiming-head-of-household/#post-23059 Tue, 03 Feb 2026 19:32:04 -0500 Thanks, he works in a lumber yard and is permanently and totally disabled. Mother supports him more than half.
She can claim him and be head of household.

]]> 64fa4fc47473f36125c242074de661ee Renee Laferriere replied to the topic Claiming Head of Household in the forum Tax Discussion https://www.nyctatp.org/forums/topic/claiming-head-of-household/#post-23058 Tue, 27 Jan 2026 22:41:32 -0500 I agree with Nancy, but luckily, it is not our job to determine is someone is “Permanently and totally disabled”. If they are classified as permanently and totally disabled, there is no gross income test, just the support test.

]]> 48b0c9b053911851e3cdf71d0e2d1333 Nancy Sporbert replied to the topic Claiming Head of Household in the forum Tax Discussion https://www.nyctatp.org/forums/topic/claiming-head-of-household/#post-23057 Tue, 27 Jan 2026 22:27:48 -0500 Hi!

Was their work in a sheltered workshop? If not, I’d be concerned that the ability to work outside of a sheltered workshop would indicate that the son is no longer completely and totally disabled.

]]> 64642c3c07cb83ff74cc7102b2c7cd5a Samuel Greenstein started the topic Claiming Head of Household in the forum Tax Discussion https://www.nyctatp.org/forums/topic/claiming-head-of-household/ Tue, 27 Jan 2026 21:31:43 -0500 Client has a son 34 years old disabled and on SSD. He is now working and making about $10000 for 2025. He lives with his mother who provides more than 50% of his support.
Can she claim head of household and put him down as a dependent?

]]> 8fb1a99fdcbe2157cf722d23105080b7 Janice Kadrle started the topic Ultra Tax CT update not complete in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ultra-tax-ct-update-not-complete/ Thu, 22 Jan 2026 17:33:33 -0500 Ultra tax sent an update to CT program today. It does NOT include the change in IRA deduction to 75%. We sent them an email regarding this oversight.

]]> 982dd4126030bea8091697b05464203b Jay McNeill's profile was updated https://www.nyctatp.org/activity/p/3002/ Sun, 18 Jan 2026 22:24:00 -0500 0 4c8a93993ec8e25b154171148b80ad0e Rita Lewis replied to the topic AJ Reynolds - Seven Page Overview on FLSA in the forum Tax Discussion https://www.nyctatp.org/forums/topic/aj-reynolds-seven-page-overview-on-flsa/#post-23031 Wed, 14 Jan 2026 18:25:28 -0500 I’ve been notified that the above 5 files went out to Annual Seminar attendees this afternoon via a Constant Contact email (just like your original course materials) from NY/CT Association of Tax Professionals.

]]> ae9f71426a83c20d017055c92736ebc6 Joanne Morton replied to the topic AJ Reynolds - Seven Page Overview on FLSA in the forum Tax Discussion https://www.nyctatp.org/forums/topic/aj-reynolds-seven-page-overview-on-flsa/#post-23020 Sat, 10 Jan 2026 01:08:18 -0500 Thanks, Rita, for your speedy reply! I look forward to getting those .pdfs!! And, many thanks to the Seminar Committee for all the work you do.

]]> 1dfeb98d50aecaf7d4c3949b9a0291f8 Rita Lewis replied to the topic AJ Reynolds - Seven Page Overview on FLSA in the forum Tax Discussion https://www.nyctatp.org/forums/topic/aj-reynolds-seven-page-overview-on-flsa/#post-23017 Sat, 10 Jan 2026 00:30:53 -0500 The NYCTATP received 5 files from AJ Reynolds from the 2025 Annual Seminar. They’re in the hands of the Seminar committee members who send out communications. If you attended, you’ll receive:

Section 7 outline of the Fair Labor Standards Act of 1938
FairLaborStandAct Section 7.pdf
Overtime FLSA overview Blue J.pdf
Partnership Reconstruct Basis…Read more

]]> f55a680728a2c9152f6687edc1a1528d Joanne Morton started the topic AJ Reynolds - Seven Page Overview on FLSA in the forum Tax Discussion https://www.nyctatp.org/forums/topic/aj-reynolds-seven-page-overview-on-flsa/ Fri, 09 Jan 2026 22:31:42 -0500 Has NYCTATP received the 7 page overview of the FLSA that AJ Reynolds promised to send us from the December 2025 Seminar? It’s important as it pertains to tax treatment of overtime. I believe he addresses FLSA mandated OT vs. union contract OT. I have done some further reading on this and there are situations where a TP can have both kinds! Thank you.

]]> b33aea866c21bd3ff6d07b317d3f24ca Emmet Gemme replied to the topic Last Chance Tax Update with Kathryn Keane January 14th 5pm to 8:30pm in the forum Tax Discussion https://www.nyctatp.org/forums/topic/last-chance-tax-update-with-kathryn-keane-january-14th-5pm-to-830pm/#post-22964 Fri, 02 Jan 2026 23:21:35 -0500 Thanks Renee! This is our best meeting of the year and has a great speaker!

]]> 6e257b024ddec53be42c9d53c02446d9 Renee Laferriere started the topic Last Chance Tax Update with Kathryn Keane January 14th 5pm to 8:30pm in the forum Tax Discussion https://www.nyctatp.org/forums/topic/last-chance-tax-update-with-kathryn-keane-january-14th-5pm-to-830pm/ Fri, 02 Jan 2026 21:46:34 -0500 Don’t miss our Last Chance Tax Update! There is one week left to register for the LOW, LOW, LOW price of $60 for dinner and 3.0 CE hours! And don’t be late, we are starting early to get in the extra CE.
Get your ticket now

]]> 71fe6a470310a84d904f22cc0e8e44a1 Emmet Gemme started the topic 2025 Seminar Vendors in the forum Tax Discussion https://www.nyctatp.org/forums/topic/2025-seminar-vendors/ Mon, 29 Dec 2025 02:12:39 -0500 Click Here for List

]]> 3f765f55ed0729ef06334ce42297cf63 Rita Lewis replied to the topic IRA RMD in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ira-rmd/#post-22924 Thu, 18 Dec 2025 18:21:59 -0500 TaxBert’s Answer (summary of TTB cites)
Inherited IRA Overview

An inherited IRA is subject to specific distribution rules that depend on the beneficiary’s classification and when the IRA was inherited[1].

Beneficiary Classifications:
For IRAs inherited after December 31, 2019, beneficiaries fall into three categories[2]:

1. Eligible Designated…Read more

]]> 5a4c37aa5b1a4a06c41ffe0f4a51a98b Emmet Gemme replied to the topic IRA RMD in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ira-rmd/#post-22923 Wed, 17 Dec 2025 23:30:58 -0500 That’s where I got my answer. Just trying to confirm my findings. Figured others have some tax library resources.

]]> 7ff04c775f5c767ced71e84b72859f41 Rita Lewis replied to the topic IRA RMD in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ira-rmd/#post-22922 Wed, 17 Dec 2025 22:50:52 -0500 https://www.irs.gov/publications/p590b#en_US_2024_publink100090419 is your starting place.

]]> 163a7623df23a68f710db9172ed64eb4 Emmet Gemme started the topic IRA RMD in the forum Tax Discussion https://www.nyctatp.org/forums/topic/ira-rmd/ Tue, 16 Dec 2025 20:20:47 -0500 I no longer have any research material or software so TY. I have a friend who inherited an IRA from her mother. Mom was late 80s and had been taking RMDs before death. When I retired we were under the 5 year rule.

Now it seems she can take it out over her life expectancy from Table 1 or she can use the newer 10 year rule. Trying to read from…Read more

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