A not so humorous notice

On May 14th 2019 the IRS informed us the schedule D worksheet for forms 1040 & 1041 did not properly reflect the lower 2018 tax rates. Therefore if you had any schedule D transactions for 2018, the IRS also informed us that they will correct this on their own. The IRS will be reviewing schedule D forms filed to correct this.

 

If this applies to you, you should be expecting a refund. Call our office if you are not certain that this applies to you.