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Home > Money & Services > Taxes   »   I owe the IRS over 4,500

 
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Old Jan 17, 2008, 06:31 AM
rdent05
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I owe the IRS over 4,500

I owe the IRS 4500 for filing incorrectly in 2005. I receive tax refund in 2006 (This was filed correctly) I was wondering when I file this year, will my refund be withheld? What can I do to
start repayment? Help!!!:

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Old Jan 17, 2008, 06:32 AM   #2  
ScottGem
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If you owe, then there is a good chance they will take that out of your refund.
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Old Jan 17, 2008, 06:41 AM   #3  
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Quote:
Originally Posted by rdent05
What can I do to start repayment?
Hello r:

Call 'em up and start negotiating. They're nothing but a collection agency.... with a touch more power.

I think they have an 800 number. If you're good, you might even get some of your refund from '07.

excon
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Old Jan 17, 2008, 07:21 AM   #4  
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Rdent05:

You have absolutely NO CHANCE of getting a refund for 2007; it goes directly toward the tax debt. So will your 2008, 2009, etc. refunds until the debt is paid.

Call the IRS and set up a payment plan, then get on with your life.

BTW, what EXACTLY did you do in 2005 to cause this problem??

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excon agrees: I was tryin to give him some hope. I know, this ain't the hope board.
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Old Jan 17, 2008, 11:38 AM   #5  
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Quote:
Originally Posted by AtlantaTaxExpert
Rdent05:

You have absolutely NO CHANCE of getting a refund for 2007; it goes directly toward the tax debt. So will your 2008, 2009, etc. refunds until the debt is paid.

Call the IRS and set up a payment plan, then get on with your life.

BTW, what EXACTLY did you do in 2005 to cause this problem??

My mother was in rehab for alcohol and my youngest brother came to live with me for a few months and for half of school year July-December. I claimed him for that year, because I was taking care of him and doing what I was suppose to do as an older sister. I was not informed by my mother that she had allowed my brother's father to claim him for that year. considering I have no children and has never claimed a dependent I was red flagged by the IRS and plus by his father claiming him made matters worst. I tried to explain this to the IRS, but they explained that my brother had to have lived with me for at least 9months to a year and that his father had claimed him for the last past 3 years. Basically I have to pay!!!
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Old Jan 17, 2008, 11:48 AM   #6  
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Yep, that will do it.

Have you considered calling the father and asking for some help with the payment, since it is likely YOU did provide more than half of his support??

Also, this was a simple problem of miscommunication. Explain that to the IRS, and try asking them to WAIVE the penalties, which should reduce the amount owed significantly. What do you have to lose?? All they can do is say no!
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Old Jan 17, 2008, 11:50 AM   #7  
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Did you use a tax professional to prepare your return for 2005? You may be able to get them to pay any interest or penalties for their mistake.
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Old Jan 17, 2008, 12:29 PM   #8  
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Scott:

I do not think the tax pro can be held liable in this case. Rdent05 would have told the pro he could claim his brother, and, absent any info to the contrary, there would have been no reason for the pro to question that claim.
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Old Jan 17, 2008, 12:56 PM   #9  
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Quote:
Originally Posted by AtlantaTaxExpert
Scott:

I do not think the tax pro can be held liable in this case. Rdent05 would have told the pro he could claim his brother, and, absent any info to the contrary, there would have been no reason for the pro to question that claim.

I suspect that's probably the way it worked, but if the prepaper was aware that she had never claimed a dependent before and was not filing as married, he should have known this would probably red flag the return.
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Old Jan 17, 2008, 02:14 PM   #10  
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No, not really.

The only thing I fault the pro on is NOT asking about the brother's father.
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