The IRS released guidelines that help eligible homeowners who received federal reimbursement grants relating to Hurricane Katrina, Rita or Wilma. Specifically it outlines how recipients should amend their 2005 tax returns to avoid paying taxes on their grant money.
clipped from www.irs.gov
The notice explains how eligible taxpayers can amend prior-year returns to reduce the casualty [...]
Filed under: TaxBrain.com_Updates | Tagged: natural_disaster, tax_credit, tax_relief, tax_tips | Leave a Comment »
