Who is responsible for paying the IRS? You are.To me, logic says that the preparer should reimburse you only for penalties, of which there will be none, I imagine. The tax is clearly no different that what you would have paid on a correct return. To me, the interest is just the time value of the money that should have been in the government's hands. You had it, not the preparer.That said, as a goodwill gesture I tell paying clients that I will pay any interest arising from my error on a return.Phil Marti
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