What should I add in the "Explanation to the IRS" field in Form 8849?
2.4k views |
Last modified 5/11/2022 2:45:10 AM EST
While filing your Form 8849 to claim credits on sold, destroyed, stolen vehicles, or overpayment of taxes, the IRS requires you to provide an explanation of what happened to the vehicle.
The "Explanation to the IRS" field in Form 8849 is used to provide a detailed explanation of the vehicle to claim the credits for that vehicle.