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Do I need to file a protective claim and how do I file one?
Based on filing my losses for subsequent years in an amendment, if my money is recovered, can and how do I do the below?:
Notification of the IRS is called a “protective claim.” By filing a protective refund claim, the taxpayer is basically saying, “if the litigation resolves in my favor, I will be filing an amended return and asking for a refund despite the fact that the statute of limitations has passed.
September 27, 2023
1:07 PM