ownyourfuture
Thinks s/he gets paid by the post
- Joined
- Jun 18, 2013
- Messages
- 1,561
In late October 2010, I received a letter from the IRS saying that I needed to pay an additional $1500 plus a $150 penalty/interest charge for an error on my 2008 tax return.
To avoid additional penalties/interest, I needed to have this payment to them by November 8th.
So I only had about 10 days to try and figure it out. I do my own taxes using TurboTax and always burn a copy to DVD when I'm done. I immediately got out the DVD for that tax year and went over it. I couldn't see any mistakes.
To make matters worse, I was working nights at the time. 6 PM to 6 AM
The next morning I stayed up till 7 AM and called the IRS
I was on hold an hour and 10 minutes. I tried again the next morning, but the result was the same.
On the morning of October 4 I decided to try it one more time. If I couldn't get through I had resigned myself to sending them a check. Luckily for me after about 49 minutes and IRS rep finally answered.
She asked me for my Social Security number and a couple other items for identification, then I told her the problem. She said "could you please hold on a minute. I said sure. She came back about 15 seconds later and said, "I'm sorry, that was just an oversight on our part, you don't owe us anything"
Of course I was relieved and happy, but I asked myself this question. If I had just ignored the notice and not sent in a check, would they eventually have sent me a letter saying it was an oversight on their part and it was fine that I didn't pay them ?
I highly doubt it.
To avoid additional penalties/interest, I needed to have this payment to them by November 8th.
So I only had about 10 days to try and figure it out. I do my own taxes using TurboTax and always burn a copy to DVD when I'm done. I immediately got out the DVD for that tax year and went over it. I couldn't see any mistakes.
To make matters worse, I was working nights at the time. 6 PM to 6 AM
The next morning I stayed up till 7 AM and called the IRS
I was on hold an hour and 10 minutes. I tried again the next morning, but the result was the same.
On the morning of October 4 I decided to try it one more time. If I couldn't get through I had resigned myself to sending them a check. Luckily for me after about 49 minutes and IRS rep finally answered.
She asked me for my Social Security number and a couple other items for identification, then I told her the problem. She said "could you please hold on a minute. I said sure. She came back about 15 seconds later and said, "I'm sorry, that was just an oversight on our part, you don't owe us anything"
Of course I was relieved and happy, but I asked myself this question. If I had just ignored the notice and not sent in a check, would they eventually have sent me a letter saying it was an oversight on their part and it was fine that I didn't pay them ?
I highly doubt it.