How to Fix 3 Misleading Tax Reporting Information Statements for IRAs
Feb 25, 2016
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By Denise Appleby, APA, CISP, CRC, CRPS, CRSP
Making adjustments to IRA custodian tax statements may be necessary even when all IRS regulations are followed. To help clients avoid penalties and pay the right amount of tax, work with clients and their tax preparers to adjust IRA basis, correct codes, and address unreported rollovers.