Happy Friday,
I've been reviewing returns for couple who thought they were filing married filing separately, but prior preparer still had them as single. They would just like to correct going forward, rather than pay for the preparation costs to amend prior returns. I've never had a former return with an incorrect filing status, and curious the thoughts of the hive. 😉
Thank you!
Best Answer Click here
They still want to file MFS, not MFJ? Would MFJ result in tax savings? Your job is to tell them of the error, and advise them of the ways to fix it. You can't twist their arms if they want to let sleeping dogs lie. If they ask how likely it is that IRS discovers the error, my response would be to point out there is no central database of marriages and divorces.
They still want to file MFS, not MFJ? Would MFJ result in tax savings? Your job is to tell them of the error, and advise them of the ways to fix it. You can't twist their arms if they want to let sleeping dogs lie. If they ask how likely it is that IRS discovers the error, my response would be to point out there is no central database of marriages and divorces.
Amend the returns. The returns are totally incorrect, as they were not single. Of course the decision is up to them, but advise them that it could be considered fraud.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.