[HCoop-Discuss] [adamc, docelic] Form 1120X - review to be filed

[Nathan Kennedy]

Nathan Kennedy wrote:
> Adam Chlipala wrote:
>   
>> Nathan Kennedy wrote:
>>     
>>> 2. I remind Adam and Davor that it looks like we are eligible for a 
>>> refund for the $143 in taxes we paid for 2005, and I should file for a 
>>> refund soon to avoid losing the chance do to the statute of 
>>> limitations.  Please let me know if I can go ahead and prepare that--I 
>>> will not file for it without approval.
>>>     
>>>       
>> I vote for filing for this refund.  It will be interesting to figure out 
>> how to add it to our accounting, though.
>>     
> If we return it as savings, we need to go back and figure exactly how 
> much each member at the time it was billed paid towards it, and refund 
> it to those members only.  (Including members who left since then.)
>
> It would be much simpler to just apply it towards a future expense, e.g. 
> the next Peer1 bill after we get the refund, and bill that out to our 
> members reduced by $143 ($607 instead of $750).
>
> I'll figure out what form to use and email the list when it is prepared.
>
> -ntk

Please review the amended return here:

http://hcoop.net/board/f1120x.pdf

-ntk