My January brain can't work out how best to deal with this.
Client came in this week needing TR doing, we don't have 64-8, and he doesn't have all the information needed to complete the return, mainly he is on a K code with employment and we don't know why. Obviously, this will throw the tax calculation off. I suspect it's tax due from last year coded in, but I don't know.
a) Just enter what I've got and make a note in the white space that we have no info about the K code?
b) Try and calculate what the underpayment restriction might be?
Thanks! I'm going with a) for now, with a view to amending it later, unless anyone else has any clever ideas? I don't deal with K codes much at all and for some reason I have a mental block with this one.