Indiana DOR Agrees to Review Taxpayer’s Amended Income Tax Return, Denies Penalty, Interest Abatement

The Indiana Department of Revenue (DOR) Oct. 30 published a letter of findings in which it agreed to review Taxpayer’s amended individual income tax returns and potentially recalculate the amount owed. Taxpayer filed amended 2017 state and federal income tax returns with the intent of correcting Taxpayer’s original filing errors, which had resulted in a proposed assessment of additional state income tax. Taxpayer argued that the DOR’s assessment of additional tax was wrong because the adjustments were based upon multiple errors contained in Taxpayer’s original state return. Taxpayer also argued he was entitled to abatement of the penalty and interest. ...