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Old 04-10-2009, 12:06 AM   #1
fasternyou929
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Default Funding the Bailout

The IRS must be doing their best to help fund the bailout. Checked the mail today and had a fat envelope from the IRS. Gulp.

Opened it up to find an "amendment" to my 2007 return. They say I owe an additional $12,500 plus an "inacurracy fee" of $2,500. Awesome.

And the reason for this blessed piece of mail? Apparently I forgot to list $45,000 in income from a company that has never employed me or my wife. Perfect. So I get to prove to the IRS that I never received something they believe I did. Should be a piece of cake.
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Old 04-10-2009, 12:16 AM   #2
tached1000rr
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ouch!
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Old 04-10-2009, 12:16 AM   #3
Gas Man
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Did you have some IRS fraud on ur SSN? Like somebody working under your SSN without paying taxes just for this reason... they make tax free money and you get stuck with the bill.
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Old 04-10-2009, 12:19 AM   #4
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Quote:
Originally Posted by fasternyou929 View Post
Should be a piece of cake.
Thankfully, the IRS of today is not the feared monster it once was. If you get a reasonably personable rep, you should be able to clear it up without too many headaches.

That's not to say it is always a pleasure.

I just sent them a check for $2500 from 2006 because they disagreed with some of my deductions.

They were polite, though.
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Old 04-10-2009, 12:20 AM   #5
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Quote:
Originally Posted by Gas Man View Post
Did you have some IRS fraud on ur SSN? Like somebody working under your SSN without paying taxes just for this reason... they make tax free money and you get stuck with the bill.
My thoughts exactly.
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Old 04-10-2009, 12:31 AM   #6
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Well thats fucked up. If their messing with your ssn they could have already fucked with your credit too. You better start doing some digging!
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Old 04-10-2009, 07:41 AM   #7
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Saturday is d-day for me, paid over 7k last year so am preparing for that. I think workin gon a construction site may give me more wiggle room for deductions. last 2 years I also got letters from them wanting more money. fortunatley it was only a few hundred dollars.

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Old 04-10-2009, 08:54 AM   #8
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Quote:
Originally Posted by fasternyou929 View Post
The IRS must be doing their best to help fund the bailout. Checked the mail today and had a fat envelope from the IRS. Gulp.

Opened it up to find an "amendment" to my 2007 return. They say I owe an additional $12,500 plus an "inacurracy fee" of $2,500. Awesome.

And the reason for this blessed piece of mail? Apparently I forgot to list $45,000 in income from a company that has never employed me or my wife. Perfect. So I get to prove to the IRS that I never received something they believe I did. Should be a piece of cake.
It's all the Miami drug money you thought you could hide. Money laundering FTW!
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Old 04-10-2009, 10:48 AM   #9
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that is a total bag of bullshit with which you've been stuck man.
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Old 04-10-2009, 11:05 AM   #10
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Both the Fed and the State are going crazy this year. they are challenging everything....
They challenged some of our stuff and we had to send off proof.

If only we could audit our own government....
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