Comments | allanh: Suck it, Lambda Legal

allanh

Suck it, Lambda Legal

Mar 01, 2011 19:09

Thank you for registering to participate in Lambda Legal’s IRS Rules Teleconference. If you registered for the March 1st call, please see the dial-in instructions below.

Dial: 1-888-609-1606; at the prompt: 7387440#

Please send any questions you may have to: libertycircle@lambdalegal.org

Thank you again for taking action with Lambda Legal. We ( Read more... )

Comments 11

zbear20 March 2 2011, 03:18:35 UTC

We are listening to it now, my code worked the first time. Try it again.

TRY THIS...LOOKS LIKE YOU ARE MISSING A DIGIT Dial: 1-888-609-1606; at the prompt enter: 73874470 #

allanh March 2 2011, 03:20:04 UTC

I take it back. Your code, which had all of the digits, is working. :) Thank you.

I still think it's incredibly sloppy for them to send out the code with a missing digit.

zbear20 March 2 2011, 03:21:31 UTC

Yep, I just cut and pasted that from my email.

zbear20 March 2 2011, 03:22:30 UTC

the first 15 mintutes were all introductions and back patting, you haven't missed much.

Thread 7

zbear20 March 2 2011, 05:03:50 UTC

My main concern was how to show the split income and yet not get flagged for under reporting income when the line 7 total income on our returns didn't match the W-2 that will be attached. Looks like the IRS doesn't have the answer but I have to admit I liked Lambda Legals's solution. Now we can file. We ran the numbers on paper and will save a lot this year, and I'm guessing we'll end up filing amended 2007 - 2009 returns and get a good amount back for those years too.

allanh March 2 2011, 05:08:10 UTC

I was out of the room (answering Nature's call) when that question came up and Randy couldn't explain the answer to me. Would you mind terribly repeating what LL's solution to not getting flagged for under reporting income was? Thank you!

zbear20 March 2 2011, 05:20:49 UTC

They suggest that on line 7 where it asks the total income, you put in the number exactly as it appears on your W-2, then on line 21 the person making more money makes an adjustment taking off the amount that is the difference between your income and the split income, and note that that amount is being moved to registered parter/same sex spouse [name, ssn]. The partner making less would on line 21 add that amount,noting on the form that it's income moved from registered partner/same sex spouse [name and ssn] to comply with the income splitting rules. Their example was a couple where one made $100k, the other made $0 the one with the $100k income would show a $50k deduction, the other one would show a +$50k adjustment. That way when you total the numbers you'd have the same, split amount. They'd also be able to reconcile the two returns. They do say though that the IRS says (and Lamba Legal agrees) not to put the two returns into the same envelope, as they'd get stapled together at the IRS and only the one on top would get processed ( ... )

zbear20 March 2 2011, 05:25:25 UTC

When I went to law school in 1988-1991 I was idealistic and naive, I took probably the first AIDS Law course offered, and my professor helped write the first textbook on AIDS law. What I didn't take were any more tax or business courses more than were required. Little did I know how important those would be later in life.