[GNC] Not exactly a new question. Am I introductory screwing up by entering 0 balances in accounts.
Jeff
beastmaster126 at hotmail.com
Sat Dec 17 05:35:40 EST 2022
For United States of America respondents, unless you have previous
experience with the I.R.S. please do not provide answers.
I'm not sure how to to ask this.
If you are as I am then don't feel alone. I wish they would just levy a
straight tax on everyone, the IRS would finally make a profit and we
then could maybe find ways to support our own disabled (like myself who
does not qualify, even though I can no longer hold a job in the real
world because of a medical condition that is uncontrollable by any
medical means available with our "modern" medicine). I'm entering 0
dollars in accounts that I know that there is money flowing though them,
I just do not know what the other account would be (mysteries, love them
but hate them them come tax time).
I have a debits that must go to multiple accounts. Problem is, I will
not know which accounts for several weeks ( which may be after 2022 tax
time thanks to the IRS, they found an error last year that costed me
$6,000). Gotta love government accounting, want your money now, might
give some back latter if lucky or take more, and goodness knows what
account they decided to return or take it from. Then you have to adjust
your books accordingly, which violates our double entry journal system (
it may create accounts or tree accounts that are unneeded but required
by the IRS).
Should I wait until they decide or just use in-balance usd until they
decide. Hopefully before tax time.
I've been entering 0 balances in accounts that I know have $ in them and
putting the difference in in-balance usd.
I know that I am not clear on my question but the please ask (U.S.
only), not offend.
--
--JEffrey Black M.B.A.
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