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Posted by D.D. Palmer on April 10, 2008, 11:05 am
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I recently filed my Federal and PA Tax returns. I learned yesterday,
however, that there is a form that allows PA taxpayers credit for
foreign taxes paid on dividends. In my case I calculated the error to
have cost me about $1100.
Should I wait for the return to be processed then filed an amended
return claiming the $1100? Or will that open a whole can of worms? My
tax returns are perfectly clean...I have absolutely no gray areas that I
know of so I am really not worried if the state starts examining it. On
the other hand, there is value to staying under the radar and not
shaking a hornets nest.
What would YOU do?
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