Skylane
Level 11
Level 11

Your phone number should be removed (if you don’t the powers that be will…

im assuming they received a CP2000? Not a full blown audit… the IRS is going to assume the entire amount is taxable. They’re wrong.

You are going to have to amend 2018 and 2019 returns to be able to correctly report basis info, etc. 

Be sure to charge them for straightening out the mess. 

If at first you don’t succeed…..find a workaround