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Demonstration of hardship yet another important issue! The taxpayer has to provide information to the IRS demonstrating that they are suffering a serious hardship. These extreme hardships come in every forms but mostly are of a medical nature (terminal illness or high medical bills) or major financial hardship (Bankruptcy or loss that are of a home in foreclosure).
Select the cell whose formula you desire to examine more closely. You will given the ability to trace « precedent » or « dependent » cells. A precedent cell is an element of the components. A dependent cell uses benefits of the formula you’re auditing.
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