Tax due on ira deposit not made
HELP! I just got a letter from the IRS about my 2004 tax return. I listed my $3000 IRA deposit on the return but I honestly forgot to make the deposit. They want 832 dollars! A few questions:
1. Is there any way to make a post dated deposit since I forgot to do it?
2. Should I just pay it or should I try to negotiate it down?
3. Is there any other legal way to get out of paying this? Don't get me wrong, I believe in paying my share... and did... but this was a genuine mistake.
Thanks in advance!