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form 8879

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form 8879

Cil3217

I received to many return calls from clients asking questions why the Form 8879 liability does not match what is owed per the tax return, thus they question what amount will be drawn from their bank accounts.  Can a line be created to include penalties and interest on the form? 

Status: New
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2 Comments
sjrcpa
Level 15

The form is per IRS specs

nononono
Level 2

The IRS requires that the amount only includes the tax balance due, not penalties or interest.

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