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progree

(11,780 posts)
18. Finally, they folded 9 months later
Tue Nov 16, 2021, 09:56 AM
Nov 2021

I promised I'd let people know the outcome. 9 months is a long time to have this hanging over one's head,

# 11/12/20 - I got the CP2000 claiming that I didn't report $10,000 in Beneficiary IRA RMD distributions for 2018 taxes, thus under-reporting my taxable income by $10,000. So I owe $2,900 in taxes due to that and some secondary effects that I won't bother to go into and including $190 in penalty interest. (see OP for details)

# 11/16/20 - I mailed my response to the IRS CP2000

# 2/5/21 - Got a response -- the first time I heard from them -- "We received your reply on Nov. 20, 2020 to our notice about proposed changes to some of the items on your tax return. Before we resolve this matter, we need to process all of your information. We'll send you our complete response within 90 days."

# 5/8/21 - Got another response - IRS 5/3/21 letter received 5/8/21 - "Before we can resolve this matter, we need to process all of your information. We'll send you our complete response within 90 days.

# 8/3/21 - Got another response - IRS 8/2/21 letter received 8/3/21 - same as above

# 8/26/21 - Got a letter, "we're pleased to tell you that the information you provided resolved the tax issue in question and that our inquiry is now closed".

Recommendations

0 members have recommended this reply (displayed in chronological order):

I can't offer anything about your specific problem, PoindexterOglethorpe Nov 2020 #1
In your original did you include the identifying numbers of the payer? Cicada Nov 2020 #2
I believe what Turbo Tax sends is just the basics: progree Nov 2020 #6
I've had a few rounds with the IRS Yonnie3 Nov 2020 #3
"Since you used Turbotax aren't they supposed to assist?" progree Nov 2020 #9
thats why its worth paying an accountant to do your taxes. drray23 Nov 2020 #4
Yup, that's a long story of why I did my own taxes -- I check EVERYTHING on my tax return progree Nov 2020 #8
I recommend contacting an IRS Taxpayer Advocate. CaptainTruth Nov 2020 #5
I second that! alwaysinasnit Nov 2020 #7
Thanks, I'll put that in my list of what to do next if I don't get a favorable response /nt progree Nov 2020 #10
So good to hear the IRS is going after the big bucks and habitual tax evaders... This will probably Karadeniz Nov 2020 #11
That's what I was just thinking.. choie Nov 2020 #14
Go to H&R Block and have them help pnwest Nov 2020 #12
Every IRS agent I've ever dealt with has been great PSPS Nov 2020 #13
I've had very good response too progree Nov 2020 #15
I had an audit once. The agent gave me her phone number and email. PSPS Nov 2020 #16
I got a response - first time I've heard back. "We need to process all of your info..." progree Feb 2021 #17
Finally, they folded 9 months later progree Nov 2021 #18
Thank goodness! FireUpChips10 Nov 2021 #19
The IRS desperately needs more agents. I think that the recent bill calls for more to look for tax question everything Nov 2021 #20
Yes, I am So-o-o-o-o-o-o glad I didn't have to talk to someone ... progree Nov 2021 #21
HEY! Where you been?!? A HERETIC I AM Nov 2021 #22
I was getting far behind on personal and household projects that I took a break progree Nov 2021 #23
I get it. Sometimes life gets in the way! A HERETIC I AM Nov 2021 #24
Latest Discussions»Culture Forums»Personal Finance and Investing»The IRS says I didn't rep...»Reply #18