"Gene E. Utterback" <eag...@alliancetax.com> wrote:
You can only amend returns back three years, so the answerI would also point out that even if we were within the three
is a resounding NO - you are stuck with the gains.
year window, you can't simply go back and "throw out" the
notes you wrote on the sale. And it would seem difficult to
believe that you accidentally reported your transfer as a
sale on the original 1040 when you really meant for it to be
a gift.
---
Ed Zollars, CPA (AZ)
ezo...@primenet.com
http://www.hmtzcpas.com
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