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Form 4626

Yesterday I spoke with a TT expert. I am using Business version. I went and filled out the form as best I could. And there on the other side at the very top was #8. Is line 7 more than $1 Billion.  No. STOP here and attach to your tax return. I'll bet they could have found out pretty easily that this did not apply to me.

So it is pretty obvious that most people getting this letter have no business getting it.  I will submit my Form 4626, and then write a letter to the Department Manager who sent me this letter. Whosoever allowed this to go this far should be found and demoted to the lowest job. I'll bet that thousands of people are worrying about this unnecessarily. Hope this helps folks out...

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Form 4626

That's why TurboTax Business does not support the form.

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