I recently filed my Federal and PA Tax returns. I learned yesterday, however, that there is a form that allows PA taxpayers credit for foreign taxes paid on dividends. In my case I calculated the error to have cost me about $1100.
Should I wait for the return to be processed then filed an amended return claiming the $1100? Or will that open a whole can of worms? My tax returns are perfectly clean...I have absolutely no gray areas that I know of so I am really not worried if the state starts examining it. On the other hand, there is value to staying under the radar and not shaking a hornets nest.
What would YOU do?