Having been "randomly" audited before I can attest to this scumbaggery. Told them it was simply an error on B/D end, spelled everything out. And what did they do? Treated me like a criminal for a $10k documented distribution from a retirement account b/c I was between jobs.
Long story short, after providing mounds of paper trails (which they had from the beginning verifying my original claim) I was finally free. No sorry, no hey you were right. Just you have been cleared. Again, error was on broker's end and pointed this out from the very beginning yet didn't matter.
Having been "randomly" audited before I can attest to this scumbaggery. Told them it was simply an error on B/D end, spelled everything out. And what did they do? Treated me like a criminal for a $10k documented distribution from a retirement account b/c I was between jobs. Long story short, after providing mounds of paper trails (which they had from the beginning verifying my original claim) I was finally free. No sorry, no hey you were right. Just you have been cleared. Again, error was on broker's end and pointed this out from the very beginning yet didn't matter.
...classic "guilty until proven innocent" situation...
Exactly as it was