How Form 843 Credits 2011-2023

Really the thought is if you don't ask I mean I have a lot of people that are afraid to ask if you don't ask you absolutely will never ever get a penalty Bateman so even if you think it's a it's a stretch go ahead and ask I had one that I'm like I know I pretty much I'm just asking out of the blue because they're not going to give it to me and I had somebody give me I was helping an accountant that was actually on the hook for the penalty $70,000 penalty just because I asked guys don't be afraid of asking is the bottom line especially reasonable cause it's not like you get a black mark that you can only do it once in a lifetime for the taxpayer it's okay to ask for a reasonable cause and I do it a lot so don't let it intimidate you we are gonna go into a case study just to kind of help bring some of these ideas home so in the case of mrs. age she is elderly about 75 years old she is retired as well and has a really great heart I think H is how I came up the name for heart in this case she took a large amount of money out of her retirement in 2023 and in 2023 and gave it to her son for real estate investments in both those years it was meant to be alone but the son never ever decided to pay her back now what's happened is the relationship is strained and here she is stuck with the tax on that early distribution and and talking taking so much out of her retirement it was it was rough and she had the impression...