you a question? I just received a letter from the IRS stating the seller's withholding is $0.00. The letter also asked me, the buyer to file 8288 and 8288-A within 20 days of receiving the letter. I have not received response from either IRS (can not connect to a person who knows the matter) or the settlement company. My understanding is the settlement company should have filed the 8288 on my behalf after closing, however, I have not received any comfirmation of that filing. Will I incur penalty if I don't file 8288 even though the withholding is $0.00?
I don't have answers to your question, but can I ask
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8288 (including 8288-A) is buyer's responsiblity (lesson leant)!
-快乐的长耳朵-
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11/19/2021 postreply
15:19:41
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Thank you, this is very helpful!
-NordstromFan-
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11/20/2021 postreply
07:16:02