AMENDING 2017 TAX RETURN

[DEO]

Client went to HRB to prepare his taxes, apparently the employee did the return on the side. He bungle the return.

File husband as single with a huge tax bill

File spouse as HOH with a small refund using the rental property address.

On top of that he left out the 3 family rental and other info, plus filed the returns late.

I guess my starting point is to amend the TP return to include the spouse and then include the rental and other adjustments. I requested a transcript, because I am not sure what info was submitted to the IRS.

There would be a penalty since it was filed on 10/22/18. I therefore would have to seek a waiver of the penalty.

Your invaluable thoughts would be helpful.

Thanks 

Deo

 

 

 

[Abby Normal]

Sounds like you have things under control. You'll need two transcripts since two returns were filed, one under each Social Security number.

The initial late filing penalty is likely eligible for first time forgiveness.

Good luck!

[Max W]

You can get a First Time Penalty Abatement  (FTA) by phone, calling the PPL line, as long as the client has not had other issues in the past.   Usually, though, the penalty has to be paid first.

This is much faster than filing from 843 and you will get an answer while on the phone.