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#1
posted to rec.boats
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On Monday, 19 June 2017 21:56:13 UTC-3, wrote:
On Mon, 19 Jun 2017 20:27:41 -0400, Wayne.B wrote: On Mon, 19 Jun 2017 19:29:37 -0400, wrote: I got a letter today saying I overpaid $3204.00 on my 2011 return and they will be sending me a check. I am not sure If I should call them to see what happened or not. I looked at the return and that number does not pop out anywhere. The last time this happened they told me which lines got changed on the 1040. I can't believe there was three grand in that K1 ;-) I guess it is better to know than to get a bill in 6 more years. === I'd consult with a tax professional. If you have partnership investments things can get very complicated. It's possible you have left money on the table in other years. I know I am leaving money on the table with this K1 but when I actually run the numbers, it ends up being a few bucks. I really have to look at that return a little closer but I can't believe I had that kind of money out of whack. I am not that rich ;-) I am going to start by asking the IRS folks and see where they came up with that number. Who knows, maybe I am leaving money on the table I don't know about. If this is the partnership, I may have to file some amended returns, and send Carl Ichan some flowers or something, Up here you get a printout of the new figures and what line they are on with your cheque or payment demand. |
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#2
posted to rec.boats
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On Mon, 19 Jun 2017 18:28:01 -0700 (PDT), True North
wrote: On Monday, 19 June 2017 21:56:13 UTC-3, wrote: On Mon, 19 Jun 2017 20:27:41 -0400, Wayne.B wrote: On Mon, 19 Jun 2017 19:29:37 -0400, wrote: I got a letter today saying I overpaid $3204.00 on my 2011 return and they will be sending me a check. I am not sure If I should call them to see what happened or not. I looked at the return and that number does not pop out anywhere. The last time this happened they told me which lines got changed on the 1040. I can't believe there was three grand in that K1 ;-) I guess it is better to know than to get a bill in 6 more years. === I'd consult with a tax professional. If you have partnership investments things can get very complicated. It's possible you have left money on the table in other years. I know I am leaving money on the table with this K1 but when I actually run the numbers, it ends up being a few bucks. I really have to look at that return a little closer but I can't believe I had that kind of money out of whack. I am not that rich ;-) I am going to start by asking the IRS folks and see where they came up with that number. Who knows, maybe I am leaving money on the table I don't know about. If this is the partnership, I may have to file some amended returns, and send Carl Ichan some flowers or something, Up here you get a printout of the new figures and what line they are on with your cheque or payment demand. That is what I expected too. This is not the first time the IRS has told me they owe me money. I am surprised they still audit me. I always get more money when they do. I have that return sitting here but I am waiting until it quiets down a little. I will go over it and see if I see where things went wrong ... assuming this is not just a mistake. My first thought was the check didn't clear or something but these are not the right numbers for my refund. I may get the statement with the check, I think that is how it worked in the past. This is the first time I got the letter saying a check was coming. |
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#4
posted to rec.boats
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On Mon, 19 Jun 2017 21:56:44 -0400, "Mr. Luddite"
wrote: Did the letter ask for your bank routing number and your account number and was the postmark from Nigeria? :-) That was my first thought but they did not ask me for anything. I did look at that return and it was a cluster****. I screwed up the first swing at it. I filed an amended return and they came up with another number I could agree with so I called it a day. None of them match this number and the discrepancies were just a few hundred bucks one way and the other. I am really starting to wonder if I never got that check (those numbers are close) but I think I would have remembered it not coming since that is our air fare and rentacar on vacation. I am thinking about stopping by the bank and seeing if they can pull up my DDA but I am not sure when the EFT would have come. I am just going to sit tight and see if they pay me. If it is a check they never sent me it is found money and if they just screwed up I will pay them back if they find it. |
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#5
posted to rec.boats
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#6
posted to rec.boats
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On 6/21/2017 5:52 PM, amdx wrote:
On 6/19/2017 10:01 PM, wrote: On Mon, 19 Jun 2017 21:56:44 -0400, "Mr. Luddite" wrote: Did the letter ask for your bank routing number and your account number and was the postmark from Nigeria? :-) That was my first thought but they did not ask me for anything. I did look at that return and it was a cluster****. I screwed up the first swing at it. I filed an amended return and they came up with another number I could agree with so I called it a day. None of them match this number and the discrepancies were just a few hundred bucks one way and the other. I am really starting to wonder if I never got that check (those numbers are close) but I think I would have remembered it not coming since that is our air fare and rentacar on vacation. I am thinking about stopping by the bank and seeing if they can pull up my DDA but I am not sure when the EFT would have come. I am just going to sit tight and see if they pay me. If it is a check they never sent me it is found money and if they just screwed up I will pay them back if they find it. I'm in limbo, my accountant eFiled my return, it was rejected. Reason, I claimed my working child, and the IRS says he also claimed himself. He didn't, I helped him with his taxes and made sure he didn't. I have his return, he didn't claim himself, my accountant has his return, he also says he didn't claim himself. The additional paperwork is in process. Mikek BTW, on a 1040, you check a box if you are claiming as a dependent, on a 1040EZ, you check a box if you are NOT claiming as a dependent. The IRS probably knows you voted for Trump. :-) --- This email has been checked for viruses by AVG. http://www.avg.com |
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#7
posted to rec.boats
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On 6/21/2017 4:56 PM, Mr. Luddite wrote:
On 6/21/2017 5:52 PM, amdx wrote: On 6/19/2017 10:01 PM, wrote: On Mon, 19 Jun 2017 21:56:44 -0400, "Mr. Luddite" wrote: Did the letter ask for your bank routing number and your account number and was the postmark from Nigeria? :-) That was my first thought but they did not ask me for anything. I did look at that return and it was a cluster****. I screwed up the first swing at it. I filed an amended return and they came up with another number I could agree with so I called it a day. None of them match this number and the discrepancies were just a few hundred bucks one way and the other. I am really starting to wonder if I never got that check (those numbers are close) but I think I would have remembered it not coming since that is our air fare and rentacar on vacation. I am thinking about stopping by the bank and seeing if they can pull up my DDA but I am not sure when the EFT would have come. I am just going to sit tight and see if they pay me. If it is a check they never sent me it is found money and if they just screwed up I will pay them back if they find it. I'm in limbo, my accountant eFiled my return, it was rejected. Reason, I claimed my working child, and the IRS says he also claimed himself. He didn't, I helped him with his taxes and made sure he didn't. I have his return, he didn't claim himself, my accountant has his return, he also says he didn't claim himself. The additional paperwork is in process. Mikek BTW, on a 1040, you check a box if you are claiming as a dependent, on a 1040EZ, you check a box if you are NOT claiming as a dependent. The IRS probably knows you voted for Trump. :-) LOL My accountant said an ex IRS official over the Atlanta office told him that her office had a 25% keystroke error. Mikek |
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