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Just went thru this last month. My advice: gather ALL your docs before you start the process. I had to restart cuz I was missing some info and it was super frustrating. Also, if you filed jointly, make sure your spouse is available too - they asked questions only he could answer.
Thanks for the heads up! I'll make sure to have everything ready before I start. Did you do it online or by phone?
I did it online. It was actually pretty quick once I had all the right info. Good luck!
PSA: Be careful of scams related to this! I've heard of people getting calls or emails claiming to be the IRS and asking for personal info. ALWAYS go through the official IRS website or call them directly using the number on your notice.
š This! My grandma almost fell for one of these scams. They're getting really sophisticated.
Good lookin out! These scammers are vultures š¦
Pro tip: if you're really desperate, try contacting your local Taxpayer Advocate Service. They can sometimes help if you're experiencing financial hardship due to refund delays.
guys i think i figurd it out. we need to sacrafice a goat to the irs gods. its the only way to appease them and get are refunds ššŖšø
Instructions unclear. Sacrificed my bank account instead. Still no refund. Send help. š
This is the quality content I come to Reddit for š
Anyone else feel like theyre drowning in a sea of government bureaucracy? ššāāļø Im in the same boat with a different IRS issue and its been months with no resolution.
Tell me about it! I've been trying to get my 2019 refund sorted for over a year now. It's like shouting into the void.
Hang in there, guys! It sucks, but eventually they do sort things out. Just keep good records of all your communications.
whatever you do, DON'T ignore the letter. I made that mistake and it took months to sort out. Just bite the bullet and deal with it asap
I had to go through this last year. It's annoying but not as bad as it seems. Just be patient and polite with the IRS folks, they're just doing their job. You'll get through it!
That's reassuring, thanks! Did you have to provide any specific documents during the call?
Taylor Chen
Don't overthink this - for unfiled taxes, DEFINITELY an EA. CPA is overkill. But make sure your uncle knows he'll likely need to pay not just for the professional help but also potentially significant penalties and interest. The sooner he addresses this, the better.
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Grace Durand
ā¢Thanks for the straight answer. Do you have any idea what range of penalties we might be looking at for the unreported house sale? That's the part that worries me the most.
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Taylor Chen
ā¢The penalties will depend on several factors, but generally: - Failure-to-file penalty: about 5% of unpaid taxes per month, up to 25% - Failure-to-pay penalty: about 0.5% per month, up to 25% - Interest on unpaid taxes: varies based on federal rates For the house sale specifically, if it was his primary residence and he lived there at least 2 of the 5 years before selling, he might qualify for an exclusion (up to $250k for single, $500k married) which could mean no tax due on that specifically. The good news is that the IRS does have programs for abating penalties in some cases. A good EA will know exactly which relief programs your uncle might qualify for. Since it wasn't intentional and there was a language barrier, there might be some options.
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Keith Davidson
Hate to be that person, but if he deliberately sold a house and didn't report it, that's not a "language barrier" issue... that's tax evasion. He should talk to a tax attorney, not just an EA or CPA.
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Ezra Bates
ā¢That's a bit harsh. Plenty of people don't understand that home sales need to be reported, especially if English isn't their first language. Not everyone who makes a tax mistake is committing deliberate evasion.
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