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Covok posted:Sometimes, clients scare me. A caregiver who I can confirm is the caregiver gets a letter from the state asking them to confirm their father's identity. It is just asking for them to show the person's SSA card or equivalent. Their response: Literally most people. People don't keep track of that poo poo unless they need it. I've probably ordered half a dozen birth certificates over the course of my life and I don't know where any of them are because it's something that never comes up except for those specific times. I do know where my social security card is, but only because I do enough government-related stuff for work that I'm pretty regularly needing to get new forms of ID made.
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Apr 26, 2022 21:39
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Covok posted:Sometimes, clients scare me. A caregiver who I can confirm is the caregiver gets a letter from the state asking them to confirm their father's identity. It is just asking for them to show the person's SSA card or equivalent. Their response: I lost my SSA card 20 years ago and have never replaced it. I'm not sure why I should?
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Apr 27, 2022 03:36
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Boot and Rally posted:I lost my SSA card 20 years ago and have never replaced it. I'm not sure why I should? You will be asked for it at some point. Just request a new one. It's dumb.
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Apr 27, 2022 03:43
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MadDogMike posted:Leased vehicles don't depreciate, at least for the person who's paying the lease on them, so you claim whatever you're paying for the lease as a business expense (subject to how much you're using the thing for business purposes, as generally established by mileage). If you're doing actual expenses anyway; standard mileage doesn't care about lease payments, pretty sure the only additional expenses you claim with standard mileage are parking & tolls unless there's something my abused brain is forgetting suddenly. The IRS hold music is my jam, NYS's will put your rear end to sleep, it's just dire.
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Apr 27, 2022 05:28
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I don't know if they still do but a decade ago, occasionally when you were dealing with a set contact at the IRS they'd have classical music as their hold music. That was always nice. Also thanks for the CE recs upthread. It's basically what I was already using to get caught up but nice to know I'm not missing any hot resources.
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Apr 27, 2022 12:16
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Boot and Rally posted:I lost my SSA card 20 years ago and have never replaced it. I'm not sure why I should? Don’t you need it when you start a new job? Or has that been replaced with ID checks and then cross-checking the SSN you give? It’s been a while.
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Apr 27, 2022 12:34
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smackfu posted:Don’t you need it when you start a new job? Or has that been replaced with ID checks and then cross-checking the SSN you give? It’s been a while. For the I9 you just need something that will prove you're authorized to work in the US. The SSA card works for that purpose, but so does a birth certificate or passport. They can cross check the SSN, yeah.
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Apr 27, 2022 12:47
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I've already filed, but I noticed that I incorrectly calculated my tax on line 16, which would turn me owing the government (which I already paid) to them owing me. Is it possible to fix this with the 1040-X?
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Apr 27, 2022 23:15
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SadBag posted:I've already filed, but I noticed that I incorrectly calculated my tax on line 16, which would turn me owing the government (which I already paid) to them owing me. Is it possible to fix this with the 1040-X? They normally will fix math errors at least when I owe them more.
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Apr 27, 2022 23:34
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Elephanthead posted:They normally will fix math errors at least when I owe them more. It's not a math error, I didn't use the correct method to calculate tax. I used the tax table rather than using the Qualified Dividends and Capital Gain Tax Worksheet. And they've already taken the money out of my account, when I should have gotten money back when using the correct method. SadBag fucked around with this message at 23:59 on Apr 27, 2022 |
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Apr 27, 2022 23:56
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SadBag posted:It's not a math error, I didn't use the correct method to calculate tax. I used the tax table rather than using the Qualified Dividends and Capital Gain Tax Worksheet. Yeah, it wouldn't hurt to file a 1040-X in this case, I wouldn't count on that error being caught in a timely fashion at least.
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Apr 28, 2022 04:06
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On the 1040-X, do I just need to put in the correct amount that should have had returned to me on line 21 (the "This is the amount overpaid on this return" line), and then they'll return that along with the money I paid when I thought I had underpaid?
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Apr 29, 2022 01:31
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SadBag posted:On the 1040-X, do I just need to put in the correct amount that should have had returned to me on line 21 (the "This is the amount overpaid on this return" line), and then they'll return that along with the money I paid when I thought I had underpaid? No, list the additional amount you paid on line 16, line 17 should be the total of your withholdings and the payment you incorrectly made with your original return. Line 21 should be the total amount they're going to send you.
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Apr 29, 2022 17:36
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My fiance and I bought a house this year. We are planning on getting married next year. I currently own a house in my name that I will be selling at some point this year. We are both on the title of the new house. We live in Washington so no income tax. Are there any tax implications to getting married this year vs next year because of the new house? We are not having a ceremony or anything so if there was some tax advantage to getting married this year we are open to it.
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May 3, 2022 18:08
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My mom got robbed about the time I was 18 and had to go through the process of getting a new birth certificate. I might have needed my SSN card to get my passport as well those are the only two times I can think of someone wanted to see a physical copy of my SSN card. Mine is probably in our important documents file folder but I'd have to go check to find out. I don't think it's super important unless you need to prove your identity is excruciating circumstances
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May 3, 2022 18:47
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This came up in the A&T Parenting thread, but I have a question regarding the Child and Dependent Care Credit and Form 2441: I have two kids in daycare. We have a DCFSA and maxed out our contributions for 2021 ($10,500). Our total care expenses were over $28,000 though. When I filled out the information in Turbo Tax, it took the details for my son and the DCFSA, and since my son's expenses ($14,000) maxed out the DCFSA contributions, and the DCFSA is an excluded benefit that exceeds the $8,000 credit cap, it didn't even let me enter my daughter's information. But according to Form 2441 the credit cap is $16,000 for two or more qualifying persons. In this case shouldn't I have received a credit for $5,500 ($16,000 - $10,500)? Or is there a phaseout or something I'm missing? If I file an amended return for 2021, can I get back that $5,500? How much of a pain in the rear end is this going to be? Edit: So I went back through Turbo Tax and was able to get an additional $1,100 credit. Apparently the IRS already accepted my amended return. So there's that! ExcessBLarg! fucked around with this message at 22:04 on May 3, 2022 |
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May 3, 2022 20:49
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I just got an IRS notice that I was off on my 2020 taxes. If I understand the letter correctly, for a bunch of securities I sold (to gather a down payment on a house), I might have accidentally reported the cost basis as my proceeds, so under-stated my proceeds. Okay, I can see how I might have done that with how Vanguard reports things, and I can afford the extra taxes. But, I don't recall how I ever made any statement about my proceeds/cost basis on a per-sale level? The note looks like this: [Edit - removed] But when I look on my actual tax return PDF, I don't ever see those values (e.g., $16,185) being reported by me specifically. I used Credit Karma Tax for that year, if that matters. Where did the IRS get that I was stating $16,185 as my proceeds vs. cost basis? Was it in a part of my tax return that didn't get printed out on my tax return PDF, or something? Academician Nomad fucked around with this message at 21:45 on May 5, 2022 |
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May 5, 2022 19:58
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Maybe you didn't file schedule D, but should have? Maybe "shown on return" is imputed?
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May 5, 2022 21:13
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Epitope posted:Maybe you didn't file schedule D, but should have? Maybe "shown on return" is imputed? Ahh, I'm looking at Sch. D and seeing that it's mostly empty - I guess the "auto import" from that tax service wasn't worth much, and I did a poor job of double-checking. Oops. Okay, well, thanks for answering that! Time to hire a real tax person going forward, annoying as that is vs. using the free programs.
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May 5, 2022 21:37
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FWIW, freetaxusa has never had an issue carrying over whatever you filled in for the schedule onto the actual filed return if you want to avoid paying for an accountant.
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May 5, 2022 22:03
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*takes breath* *exhales* People, you can't just estimate things like your W-2 or 1099-G for unemployment because you don't want to be bothered to get the form and you can't get mad at your accountant for refusing to file with estimated income and withholdings on the return. The IRS has all the information already and a mismatch triggers an audit.
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May 6, 2022 17:16
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Covok posted:*takes breath* I mean my last paystub of the year says
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May 6, 2022 18:37
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Covok posted:People, you can't just estimate things like your W-2 or 1099-G for unemployment because you don't want to be bothered to get the form and you can't get mad at your accountant for refusing to file with estimated income and withholdings on the return. The IRS has all the information already and a mismatch triggers an audit. (Most of the mismatch cases I see have more to do with the employer not filing the W2 at all or filing an incorrect one, but it'll be treated the same either way.) Sure hope you weren't counting on getting a mortgage or any of the public benefits that require federal tax return transcripts as proof of income for the next couple of years! H110Hawk posted:I mean my last paystub of the year says
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May 6, 2022 19:58
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Peyote Panda posted:Ironically if the taxpayer actually has a paystub with accurate end-of-year totals they can file a 4852 substitute for W2 with the return and as long as the numbers match the W2 the employer filed it's all good. Also, in general the IRS tends to accept taxpayers reporting more income than their own records show; not many people lie about owing more tax after all. Though now that I'm on the subject, I wonder if that sort of thing can get review for whether you're sneaking illegal income in. Hell, if you were a crazy bastard and straight up reported you were a drug dealer on Schedule C and abided by the rules for not claiming expenses, does that actually get reported to the state if you don't file a return with them yourself? Does the IRS even have a set method for reporting "uh, pretty sure this person's a crook" to state police?
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May 6, 2022 21:32
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I don't think the IRS can share that info, no. This is half remembered from when I worked at an LITC a decade ago, but iirc they can't share things like that, or like let ICE know you're filing under an ITIN.
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May 7, 2022 05:57
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I'm pretty sure they're allowed to share info it's just that there's no real mechanism to do it on an widespread basis. Also the other agencies don't like the IRS and look down on them.Privacy Statement posted:Generally, tax returns and return infor- sullat fucked around with this message at 06:13 on May 7, 2022 |
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May 7, 2022 06:09
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Even cops hate filing forms with the irs
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May 7, 2022 12:35
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I bet the IRS don't like cops either :P Why rat out the dealer when you can just tax them more. Isn't that what 280e is all about?
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May 7, 2022 13:14
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All of those exemptions say they are specifically about enforcing tax laws, not drug laws or anything else. I wouldn't be surprised if they were interpreted really broadly but that's how it reads.
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May 7, 2022 16:37
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KillHour posted:All of those exemptions say they are specifically about enforcing tax laws, not drug laws or anything else. I wouldn't be surprised if they were interpreted really broadly but that's how it reads. Yeah most people don't make it to the end, I get it.
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May 7, 2022 18:00
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sullat posted:Yeah most people don't make it to the end, I get it. I literally went back and reread it 3 times before I saw it  This is why I'm not a lawyer.
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May 7, 2022 18:29
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I realize the IRS won't automatically have paperwork for self-repeorted income and all, but why can't the IRS have a portal where you can download forms (or at least numbers) for what they do have? If it's a problem that people are estimating W-2 income in tax software then said software should straight-up be able to import it from an IRS-provided API.
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May 8, 2022 16:23
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ExcessBLarg! posted:I realize the IRS won't automatically have paperwork for self-repeorted income and all, but why can't the IRS have a portal where you can download forms (or at least numbers) for what they do have? millions of dollars of lobbying from intuit and HRB, mostly. https://www.nbcnews.com/business/taxes/turbotax-h-r-block-spend-millions-lobbying-us-keep-doing-n736386
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May 8, 2022 17:43
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ExcessBLarg! posted:I realize the IRS won't automatically have paperwork for self-repeorted income and all, but why can't the IRS have a portal where you can download forms (or at least numbers) for what they do have? Probably this kind of convenience is type of thing that H&R Block, Intuit, et al. spend so much money lobbying against.
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May 8, 2022 17:51
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ExcessBLarg! posted:IRS-provided API. Just lol. The IRS has spent decades failing to transition off of a "master file" database that was implemented in the 1960s. https://www.atr.org/40-years-of-failure-irs-unable-to-fix-computer-system/
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May 8, 2022 17:53
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ExcessBLarg! posted:I realize the IRS won't automatically have paperwork for self-repeorted income and all, but why can't the IRS have a portal where you can download forms (or at least numbers) for what they do have? I have no idea why said date keeps getting pushed further back. I don't even think you can blame tax prep industry lobbyists in this case because filers with incomplete or incorrect information cause delays in processing and possible audits that don't really benefit them either, but preparer goons can correct me if I'm missing something there. Motronic posted:The IRS has spent decades failing to transition off of a "master file" database that was implemented in the 1960s. (Like a lot of other work sectors, COVID-related changes only highlighted institutional issues that were already causing problems)
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May 8, 2022 19:15
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Peyote Panda posted:I have no idea why said date keeps getting pushed further back. I don't even think you can blame tax prep industry lobbyists in this case Those lobbyists pay the same politicians who promote the message that the IRS is an evil waste of money so it may not be a perfectly straight line but it's probably not that far off. Remember the message is that if the government just told you what you owed they would steal from you, despite most tax payers taking the standard deduction with nothing further to complicate their taxes that couldn't be reported in a mandatory way by various companies. (Basis accounting is the big one.)
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May 8, 2022 20:31
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Motronic posted:Just lol.
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May 9, 2022 06:10
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KOTEX GOD OF BLOOD posted:Did you just cite Americans for Tax Reform as an honest source It's a list of linked articles from major news sources. You don't have to read any words they wrote to understand what has been happening. You can even independently confirm these articles quite easily. I don't know or care about the politics of that group. It's entirely irrelevant.
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May 9, 2022 12:06
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Oh, my sweet summer child.
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May 9, 2022 14:19
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