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Showing content with the highest reputation on 07/04/2017 in all areas
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Line 61. See, that was a schmuck thing right there.1 point
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However, once they assess the penalty they can take it from any refund due. So those preparers who advised their clients to ignore the question on line 65 might be explaining next year why they did not get the refund they were expecting.1 point
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And I bet they don't. So we all look like incompetent schmucks compared to the preparers who advised all their clients owing SRP to ignore the question on line 65. And some days I feel like one, too.1 point
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We are in the limbo of the IRS saying you can file without self-assessing the penalty but the IRS may assess the penalty for you... BUT they can not enforce collection of the penalty (which is not new).1 point
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The law is the law. And until the law is officially changed, we must abide by the law.1 point
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"Them" don't tell me how to do my job. Penalties apply. If it's repealed and they back up the truck, everyone will get their money back.1 point
