"Steve Pope" <spope33[at]speedymail.org> wrote in message
news:gofv8v$d9a$1[at]blue.rahul.net...
- quote -

Not if the 2007 change affects the 2008 computation of something.

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Phil Marti <prm20871[at]verizon.net> wrote:

- quote -

I think you're answered my question; if there is a carryover
issue, 2008 may need to be prepared taking the 2007 amendments
into account; otherwise the 2007 amendments can be ignored
for 2008.

Steve

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

"Steve Pope" wrote:

- quote -

I don't understand the question. What's the issue involved?

For example, if the amended state return resulted in a refund issued in 2009
that's something to deal with on the 2009 return. OTOH, if the amended 2007
affected a carryover to 2008, it should be reflected on the original 2008
return.

--
Phil Marti
Clarksburg, MD

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

In misc.taxes.moderated, Steve Pope wrote:

- quote -

I think if a state tax refund gets paid in 2009, it is relevant to
an individual's 2009 federal taxes only. So that would be yes. Not a
pro, but I am pretty sure.

What I don't know is whether such a refund is considered taxable
income, on the 2009 return, is based on whether the person itemized
in 2007 or in 2008. 2007 seems logical, but ....

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

TP amended (in a relatively minor way) their 2007 returns (federal
and California) in early 2009.

Can the 2008 returns be prepared without respect to this
amendment, which can then be dealt with when the 2009
returns are filed?

Steve

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >