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Posted by Taxlover on March 29, 2008, 4:51 pm
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> 2) I am having an accountant prepare my return, but he has made some
> errors
> so I won't have a final return for a while.
> If I use the preliminary figures they will give the right result on my
> son's return, but won't match my return.
> I would like to get this out of the way while I have the time, but should
> I wait to avoid confusing the IRS?
I played around a bit with the 8615 on TaxCut. Apparently since my income
is W2 and capital gains, and my son's is capital gains only, my tax rate is
higher than his. He is taxed at my rate. Is that how it works?
Since even small changes in my tax return effect my tax rate, I have to
wait for the final form before doing his. Right?
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