Quote:
Originally Posted by Spott
They will give you longer than what it says on the form. You will have to call them and wait on hold for a long time to speak with someone. You should be able to do some sort of amended return, but you will need to call them and let them know. After you do the amended return, it will probably them a little while to stop sending you the notices. The IRS is one big cluster****. They are seriously understaffed and none of the departments communicate with each other. We paid a CPA to do the taxes and he was the ones that eventually corrected the return. It will be a pain in the ass dealing with these bastards, but it sounds like you shouldn’t owe any money.
|
This is SPOTT on, they don't care. Here is a cautionary tale. We found out we owed $10,000.00 for a penalty on an IRA loan I took out to put a down payment on building our house. Long story short, you have the length of your house loan to pay it back without penalty but the company doesn't have to set up a payment plan with you. It's on you. Long story short we owe and they don't care.
1) DO NOT hire one of the tv companies offering to bail you out. They want $2000.00 up front for you to fill out endless paperwork so they can submit it to the Internal Renal Service so
a) That can stop IRS calls, letters etc...
b) You can be set up on payment plans over a few years. (we are paying 200.00 a month.
2) NOW, if your tax preparer is not some discount deal they have the same number and can make the IRS call for you asking for a stoppage on your case and a new file on that year.
3) If they cant do that go to an reputable preparer that can immediately make that call and file your new file on that year. Just call around and ask if they can do those two things.
4) Calm down, it's scary but will linger on for years. It's not the end of the world and life goes on.
Good luck from a family that's been there done that.