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  • 1.  IRS Form 1045 Schedule B

    Posted 12-26-2021 06:09 AM
    I have recently prepared three IRS Form 1045 under the Cares Act rules for my clients. 
    I  just received a letter from the IRS stating a calculation on Schedule B (Form 1045) line 6 is incorrect.  It was the exact way I calculated it on two previous returns that were processed and refunds were issued. 
    Has anyone received a letter from the IRS regarding Form 1045 Schedule B calculations?
    Can anyone recommend what area to call at the IRS. Unfortunately, when I call regarding the notice the answer I get is refer to the notice. With the deadline to refile being December 31st looks like I will have to prepare a 1040X for all five years.

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    Mark Maliski
    Mark Maliski LLC
    Ridgewood NJ
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  • 2.  RE: IRS Form 1045 Schedule B

    Platinum Most Valuable Member
    Posted 12-26-2021 06:33 AM

    That is so frustrating.....

     

    I suggest you reach out to the taxpayer advocate, perhaps they can cut through your red tape

     

    Wish I had a better answer   J

     

     

     

     

     

    Abby Alhante,  CPA

     

    Kurcias  & Alhante, LLC  CPAs

    525 Broadhollow Road   Suite 104

    Melville NY  11747

    516.829-5890  Ext  2   Fax 516-829-3976

    Mobile 516-381-9301

    AbbyA@KurciasAlhanteCPAs.com

    ( E mail response preferred )

     

     




    Original Message


  • 3.  RE: IRS Form 1045 Schedule B

    Bronze Most Valuable Member
    Posted 12-27-2021 08:28 AM
    I would try the practitioner's hotline, the TAS group usually does not take action within a few days in a case like this. Also mail in another copy certified mail before 12/31 to secure your filing date.

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    Gerald Cohen CPA
    EisnerAmper LLP
    Plainview NY
    516-433-6841
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    Original Message


  • 4.  RE: IRS Form 1045 Schedule B

    Posted 12-27-2021 09:15 AM
    Gerald 
    Thank you 
    Looking more like I will have to go with 1040x for each year. However, that filing also requires the 1045 schedule B. Just can't win on this one and it's a large seven figure refund. The way things have gone with processing delays wish I rolled it forward.

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    Mark Maliski
    Mark Maliski LLC
    Ridgewood NJ
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    Original Message


  • 5.  RE: IRS Form 1045 Schedule B

    Bronze Most Valuable Member
    Posted 12-27-2021 10:26 AM
    Will client utilize loss in 2021? When did you file 2020 return. Can you amend and attach statement to carry forward? 1045 instructions say you have 6 months to amend with a statement.

    Sent from my iPhone



    Original Message


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The opinions expressed are the views of the author alone and should not be attributed to any other individual or entity and shall not constitute an accounting opinion.