vpFREE2 Forums

Using Winning/Losing Sessions - IRS problems

In a message dated 07/28/06 8:08:10 PM Eastern Standard Time,
dennis.florence@worldnet.att.net writes:

I will use your method this year and likely file amended
federal and state tax forms for the previuos two years.

All amended tax returns are reviewed by hand (unlike most original returns
which are processed by computer). I would be very careful about amending past
year returns for things which most IRS personnel are not going to be
familiar with. I have gotten a number of people as clients who amended their
returns and it resulted in audits of the original returns. That audit can also
open up other years. Be very careful.

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