Re: 0 vs. none

John Cook at EY said they would not sign a return th=t uses the 000s method. They said that there are too many footing pr=blems. Numbers won't tie to K-1s, W-2s, 1099s, etc. Also, if you only use it on part of the return, the various numbers on the=return would not match internally. He also pointed out that this met=od effectively truncates numbers; though I'm not sure what roundin= rules you use. E.g., 101,499 become 101? What happens to the other $499?

Joe V likes the idea of putting in 0's inste=d of blanks. He says he uses "none". He did no= understand why this would affect the statute of limitations.

i did not suggest you use the 000 method. =AO Im sorry but i dont have the time . do yo= think if you filed a gift tax return and left everything blank the =tatue would run?

Sorry I misunderstood on the 000s. Gift tax r=turns have to report a number somewhere, so maybe statute doesn't start. But if you filed an income tax return for an entity with no i=come or expenses, Joe V assumes the statute would start. In any even=, we don't file returns that way. As I said, we would say =E2 None" where appropriate.

dumb)III ll, as i told you, =omputers dont read letters

Joe V says GoSystem won't let you e-file wi=h a "0" in some places. It forces you to use =9Cnone". He thinks that is because "none" is=compatible with the e-file system and 0 is not.

we dont file e file with grats