Should we as tax preparers file an amended return for our clients who filed before March 11th and paid tax on unemployment compensation?

Forum|Forum|5 years ago
April 26, 2021
2 replies
9 views

No text available

ProSeries Professional

This topic has been closed for replies.

TAXOH

Level 10

No. The IRS is supposed to start adjusting them in May,

BobKamman

Level 15

I think we as tax preparers should ask our clients what they want to do, after explaining to them that IRS may not get around to doing this until late summer for MFJ returns, and might not get it right even then (especially in community-property states). Another factor is whether it's any more work, if a state amended return must be filed.

One size does not necessarily fit all. And we work for our clients, not for IRS.

IRonMaN

Level 15

"And we work for our clients, not for IRS"

But we are the ones left with the mop and bucket trying to clean up the mess when things get mucked up from trying to amend while the IRS is trying to make their changes.

Slava Ukraini!

PATAX

Level 12

@IRonMaN based on the due diligence procedures that we must adhere to, I am wondering if it could be said that maybe we work for both... just wondering and just my opinion...

Sign up

Login with SSO

Let's get you signed in

Login with SSO