Episode 170: State and Federal Tax Issues

Welcome to the tax filing season!  Andrew Belter and William Schmidt start with a discussion of reconciling the child tax credit with Letter 6419.  From there, we turn to differences between state and federal taxes.  For one, can you still find paper copies of your state tax forms at your local public library?  Who is faster at processing paper tax returns, the IRS or the state?  Does your state perform audits independently of the IRS?  Does the state follow IRS decisions regarding innocent spouse?  Is there a taxpayer advocate in your state?  What does that person do?  Andrew and William talk through these questions based on their state tax experience.