Question: Grady Jones' original 2022 tax return did not include cost basis information for stock sales resulting in an extremely large balance due. Since he was
Grady Jones' original 2022 tax return did not include cost basis information for stock sales resulting in an extremely large balance due. Since he was unable to obtain the cost basis, he mailed the return and made full payment on the due date. After obtaining the necessary information from his broker, Grady prepared a claim for refund of $5,568 with an amended 2022 return. He did not want to wait the usual two to three months or as long as six months for the IRS to process the 1040-X and act on his claim. Grady decided to sue for the refund. What is the fastest method to move this claim to court?
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To speed up the most common way of moving the claim to court for a discount Grady can use the Small Claims Court choice in the event that the amount h... View full answer
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