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Even if you screw it up the IRS will just charge you interest “penalties” or give you your money back if you overpay (both have happened to me). I’ve straight u
by creato 4y ago
Even if you screw it up the IRS will just charge you interest “penalties” or give you your money back if you overpay (both have happened to me). I’ve straight up forgotten forms and paid maybe a few extra dollars in interest, I wouldn’t even call it a penalty.
People are generally way more afraid of the IRS than they should be. People that hate the IRS for being unreasonable are very likely aggressively reporting deductions or whatever, not just making typos on their freefillableforms.com return.
- bandyaboot 4y agoI’m guessing the vast majority of people that hate the IRS don’t have any reason based on personal experience. They are people that believe things like “The IRS is hiring 87,000 new armed enforcement agents”.
- UncleEntity 4y agoOr people like my stepdad’s cousin who took ten years to get the money back that they paid (because of a mistake on the IRS’s part due to having the same name but different SSN as a tax dodger) so they didn’t get their assets/house seized. This was before the kinder, gentler IRS but still.
- andsoitis 4y ago> took ten years to get the money back that they paid How much did they pay?
- UncleEntity 4y agoIDK, a bunch? I just know they had the money and didn’t want the IRS to harass them while it got straightened out so paid it.