IroquoisArcher
So having CPA do my aunts taxes. He says we need a 1095B form for her...he thinks. I have my own 1095B that came for me, is just a form showing you had health insurance last year or you could be liable. FINALLY got through to a live person on the number the local IRS office gave me (same as on their site) as you had to make an appointment, they couldn't just answer it without one. Tell lady the problem and she starts on about the 1099G form. Correct her and she says it is a health insurance form. Explain again that never got it and do you need it as it looks like it is just informational. Says that would appear so. Then also asked about withdrawing her savings to the Medicaid max. allowed and will we need any other forms so I can get or if the amount withheld for Fed. taxes from IRA's and none needed for Money Markets that we withdrew? She said they weren't there to answer monetary tax questions. Said guess I have to make an appointment then and she says they won't be able to answer that either. She said the professionals would know the answer (CPA). So why are they there to answer questions and why do they set up appointments for filing your taxes if they either don't know or aren't allowed to help you?
Guess maybe (I forgot to ask) will have to set up an appointment to ask if they forward the 1095B if it has a forwarding address or don't like they did with her 1099G and I have to do running around as they don't accept POA.
I'm moving to Canada so all you Canucks be prepared for your country to now go downhill. [smile]
When you are in a difficult situation and wonder where God is; remember the Teacher is always quiet during the test.
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woody meristem
Watch what you do with her assets. I recently heard an attorney talk about gifted assets making someone ineligible for Medicaid -- you'd best talk to a CPA or estate planning attorney.
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IroquoisArcher
woody meristem wrote:
Watch what you do with her assets. I recently heard an attorney talk about gifted assets making someone ineligible for Medicaid -- you'd best talk to a CPA or estate planning attorney.

Nothing was gifted, just totally withdrawn and used to pay the facility until the max. Medicaid lets you keep, $8,000.00. Is a shame as even if you had a million dollars you'd have to spend it all down to $8,000.00 to be eligible for Medicaid. Bad thing is she keeps thanking me for taking care of her money. She kinda found out once what was going on but think now has forgotten it. Have told her it had to happen either way.
Side note is the CPA used to belong to Dads church (well not his) and this guys mother is in the samed facility and had to do the same thing we are so have a second opinion on it guess you could say.
Side note...This guys wife (Sandy Carlson) just died last year and there was a write up in the local paper. She has always been in a wheelchair and won gold in 2 ParaOlympic games, one of them being in Tokyo in swimming.
When you are in a difficult situation and wonder where God is; remember the Teacher is always quiet during the test.
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Vonfoust
My experience so far has been that nobody knows what the hell is going on.  Since we have run our own business for 30 years, our CPA's favorite saying is "Are you willing to take it to court?"  He has indicated that if we are, the IRS will usually cave.  BUT, you have to pay him and an attorney to do this.  So fi the deduction is under $100, not worth it.  It's a total cluster blank.  All of it is.  Our local IRS person has no clue what the hell is going on.  Any time we have a question on which way to proceed there are migraines.  The only reason tax reform won't happen is that a lot of CPA's and IRS people will not have jobs if everyone wasn't so confused!
(can you tell if you hit a nerve[biggrin])

Hope my last PM helped.  Email/PM me if you get a chance)
When I look at the smiles on all the children's faces, I just know they're about to jab me with something.
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