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Stevehofwa
Level 3
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  • Unfortunately this involved an inherited ira as well. I think I’ll file an amended 8606 for the first year of the inherited ira distribution, using what I think...
    Stevehofwa
    Updated Dec 18, 2024
  • Let’s say you were taking distributions, of which some was basis. Now skip a year by accident, and you go a few years paying taxes on the full distribution. Lat...
    Stevehofwa
    2
    Updated Dec 18, 2024
  • Pursuant to the postponed due date, Taxpayer timely filed their return on June 22, 2020. Under § 6511(a), Taxpayer may timely file a claim for credit or refund ...
    Stevehofwa
    Updated Jul 13, 2023
  • I don't think that's true. The IRS put out a notice earlier this year saying that you had a postponement to 7/15(or 17 because of the Saturday), but if you file...
    Stevehofwa
    3
    Updated Jul 13, 2023
  • So I think I will just increase withholding for the rest of the year to get me to about what I expect to owe, so by the end of the year I’m in the safe harbor r...
    Stevehofwa
    Updated Jun 16, 2023
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