Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-21-2010, 05:14 PM
Junior Member
 
Join Date: Mar 2010
Posts: 1
1040A Simiplified Method - Negative Number?

I am completing a 1040A for my mother. As I try to determine the taxable part of the pension my father left for her I get a negative number on the simplified method worksheet (line 7). I am stumped - do I enter a 0 instead. I have been filling out this form for about 5 years now and this is the first time I've run into this. I know the cost in the plan and used previous year's values for line 4. I am not sure what this is really trying to tell me.

Any guidance would be greatly appreicated.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
where would this amount go on the 1040A form rflores Itemized Deductions 1 02-09-2009 09:41 PM
Are there any negative consequences of filing married filing separate? TaxGuru Filing Requirements 0 03-09-2008 09:28 PM
401k what form do I need to file with my 1040A? jleach48 IRA/Sep 1 02-07-2008 11:51 PM
What 1040 Form is best for me? 1040Ez or 1040A? beedab Miscellaneous 1 01-27-2007 12:17 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.