cl8
New Member

Deductions & credits

Thank you so much for the information! Because I already did my taxes for 2017 and it was approved, I will have to wait for the 2017 amending rules to be published here in a couple of weeks to amend my rerun to remove the AOTC. Just to be safe as I do qualify for the LLC. I have not received or heard anything from the IRS, so do you think I am good for the 2015 and 2016 tax years? Or do discrepancies take years for the IRS to notice? I would like to get ahead of my potential mistake and not worry about the IRS coming after me 10 years down the road with crazy penalties and interest when I could just amend the last 3 years now.