140 got denied coz of ability to pay. 485 filed in October , AP and FP done in Nov 04, all is useless as 140 is denied. H1 valid till end dec. 05.Lawyer is suggesting to run payroll as per current proferred wage rate atleast for 2004. The difference in payroll for other years is very large. What is the best option. We are planning to show 2004 W2 as per proferred wage rate but the rest of the years is still going to be a problem. Kindly help.
Unitednations I read the posting about similar problem and we do have some line of credit taken as current liability, so do we have to amend the return for that year?
Unitednations I read the posting about similar problem and we do have some line of credit taken as current liability, so do we have to amend the return for that year?