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The new 8857 is out


TAXBILLY

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>>The new 8857 is out<<

Thanks for the heads-up, taxbilly. I hope we get a nice discussion going here.

This one is going to take a LOT of study. I can see problems for the practitioner, especially one who prepared the original return that is now being challenged. For clients in a divorce, we will need to recommend legal counsel before providing some of the information now being demanded -- current income and expenses, allegations of forgery and domestic abuse, details about how financial decisions were managed during the marriage, and plenty more.

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