- Joined
- May 3, 2017
- Messages
- 1
- Reaction score
- 0
- Country
My client did a Roth conversion in 2010 and never gave me the information to report it. This year in 2016 he received an IRS bill for 2015 for an amount he withdrew from the Roth in 2015 but also didn't report. Is there any way to handle this other than to amend 2010 to report the conversion, pay the tax, and then amend 2015 to show the distribution as a non-taxable Roth distribution? Will he get penalties and interest dating back to 2010?
Thanks for any help you can provide on this subject.
Thanks for any help you can provide on this subject.