The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Coverdell documentation||Date: 12/5/2012 6:50 PM|
|Author: ptheland||Number: 117074 of 125203|
I can't venture a guess as to why the error wasn't caught before the return was filed.
I can venture two guesses.
The taxpayer didn't tell the preparer what was going on - that they made a charitable contribution directly from an IRA.
The preparer didn't know what to do with a charitable contribution made directly from an IRA.
|Copyright 1996-2017 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|