Early Retirement & Financial Independence Community - View Single Post - IRS Sent me a Letter and a much bigger Refund.............

OAG · 05-15-2007, 06:53 AM

From what you quoted in the IRS letter it appears there were additional ESTIMATED PAYMENTS made throughout the year that maybe you, and the CPA, were not aware of. Could your Sister or someone on her behalf had made ESTIMATED payments of which you did not or could not find a record of? Or was there a refund due on the 2005 return that was applied to taxes for 2006 (check 2005 return for this information). Or a combination of the two possibilities.

Edit: Should have read closer ALL of the responses. Guess you answered your own question 2 responses back. Now the rest of the question: Shouldn't the refund be larger? Is one for the CPA or the IRS; of course it may be that "if you cannot afford the answer, then do not ask the question".

05-15-2007, 06:53 AM	#9
OAG Thinks s/he gets paid by the post Join Date: Jun 2006 Location: Dublin, Ohio Posts: 2,448	From what you quoted in the IRS letter it appears there were additional ESTIMATED PAYMENTS made throughout the year that maybe you, and the CPA, were not aware of. Could your Sister or someone on her behalf had made ESTIMATED payments of which you did not or could not find a record of? Or was there a refund due on the 2005 return that was applied to taxes for 2006 (check 2005 return for this information). Or a combination of the two possibilities. Edit: Should have read closer ALL of the responses. Guess you answered your own question 2 responses back. Now the rest of the question: Shouldn't the refund be larger? Is one for the CPA or the IRS; of course it may be that "if you cannot afford the answer, then do not ask the question". __________________ Proud Vietnam Veteran: Cu Chi 66, 1 Bde, 25ID & Pleiku 66-67 41st Sig Bn 1st STRATCOM - Army Retired Jun 1979.