﻿<?xml version='1.0' encoding='UTF-8'?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>NTS Discussion Web / Quick Alerts/Announcements / IRS Quick Alearts  / Individual Quick Alerts for Tax Professionals / Latest Posts</title><generator>InstantForum.NET v4.1.4</generator><description>NTS Discussion Web</description><link>http://forum.ntslink.com/</link><webMaster>NTSDiscussionWeb@ntslink.net</webMaster><lastBuildDate>Tue, 07 Feb 2012 09:19:34 GMT</lastBuildDate><ttl>20</ttl><item><title>Individual Quick Alerts for Tax Professionals</title><link>http://forum.ntslink.com/Topic173-19-1.aspx</link><description>We have received numerous e-file returns in which the Form 1040, Schedule M was completed incorrectly causing high fallout to the Error Resolution System (ERS). E-file returns that fallout to ERS may cause a delay in the processing for 2 to 3 weeks. The YES and NO boxes should be checked per the Schedule M line instructions. If the NO box is checked on line 10 or line 11 of the Schedule M, please do not enter an amount on either line. &lt;/P&gt;&lt;P&gt;On a joint return, if both spouses received an economic recovery payment in 2009, check the YES box and enter $500 on line 10 of the Schedule M.  Then, if both spouses received a government pension or annuity in 2009, check the YES box and enter -0- on line 11.  &lt;/P&gt;&lt;P&gt;On a joint return, if only one spouse received an economic recovery payment in 2009, check the YES box and enter $250 on line 10 of the Schedule M.  Then, if the other spouse received a government pension or annuity in 2009, check the YES box and enter $250 on line 11. &lt;BR&gt;  &lt;BR&gt;On other than a joint return, if the taxpayer received an economic recovery payment in 2009, check the YES box and enter $250 on line 10 of the Schedule M.  Then, if the taxpayer also received a government pension or annuity in 2009, check the YES box and enter -0- on line 11.</description><pubDate>Sun, 31 Jan 2010 14:03:57 GMT</pubDate><dc:creator>lbanks</dc:creator></item></channel></rss>
