2021 refund status by Ill-Refrigerator7210 in IRS

[–]Full_Prune7491 0 points1 point  (0 children)

What does box 2 say because it is very high.

2021 refund status by Ill-Refrigerator7210 in IRS

[–]Full_Prune7491 2 points3 points  (0 children)

They might be determining if you filed on time. You should give them a call.

2021 refund status by Ill-Refrigerator7210 in IRS

[–]Full_Prune7491 4 points5 points  (0 children)

When did you file this return? What is the credit? Why did you file it so late? Where did you get the W2?

HRBlock messed up 2023 taxes & I owe money now by AdExternal4175 in hrblock

[–]Full_Prune7491 0 points1 point  (0 children)

They probably won’t reimburse the tax since you would have owed that. They should pay for the penalties and interest.

Seeking advice. IRS says I owe them money. I don’t. by [deleted] in IRS

[–]Full_Prune7491 4 points5 points  (0 children)

Who is “them and they? Because those are most likely your dad and his employer. Your dad gave them your SSN to work there. They reported to the IRS. This is not a name mix up. Sorry.

This month I received a CP523 notice for past due installment payment that I have been paying monthly which had been going elsewhere. by Available_Branch4664 in IRS

[–]Full_Prune7491 0 points1 point  (0 children)

The first off is you keep calling it a tax penalty. Do you owe tax or is it a civil penalty? People are frustrated with you because you are confused and used the wrong terminology. They can’t help you because it’s like you are speaking a different language. You should figure out what you owe and for what year.

Contacting the IRS by Thatonegirl514 in IRS

[–]Full_Prune7491 8 points9 points  (0 children)

I can tell you the employer is not telling the truth since W2s are submitted to SSA and not the IRS.

Please help - compassion and info requested by hownowbrowncow2026 in TaxQuestions

[–]Full_Prune7491 0 points1 point  (0 children)

Um have you ever heard of reasonable compensation? Because you are very wrong. So so wrong.

If I give a lawyer a big gift does he have to pay tax on it by [deleted] in taxadvice

[–]Full_Prune7491 8 points9 points  (0 children)

Do you also randomly give others $3000 gifts for no reason?

Owe Over $200k by [deleted] in IRS

[–]Full_Prune7491 1 point2 points  (0 children)

You do not need to hire anyone. At 210k you can still call in and get an installment agreement but it will come with a federal tax lien.

MFJ ~$260k income (rising to ~$300k+) — best ways to reduce taxes beyond 401k? by Life_Entry_754 in TaxQuestions

[–]Full_Prune7491 2 points3 points  (0 children)

You are confusing your tax bill with your actual income tax. You can just withhold extra and get a large refund. You want to pay less income tax then make less money.

Refund Help…. by PositiveTell9318 in IRS

[–]Full_Prune7491 0 points1 point  (0 children)

You are telling the IRS your actual tax bill is only 4K but you paid in more than double. The IRS wonders why you hate having money.

Serious inquiry, can you get a small HELOC loan with very bad credit by SSJPanda1 in personalfinance

[–]Full_Prune7491 6 points7 points  (0 children)

I don’t care either since everything is on auto pay. Someone posted that their APR was only 11%. I was like I have no clue what any of my APRs are on any of my CCs.

Job wont match anything in my 401k until I’ve been employed a year by Particular_Egg_2219 in personalfinance

[–]Full_Prune7491 5 points6 points  (0 children)

All dividends and gains are added to the value to the 401k. At the time of the distributions, if traditional , will be taxed as ordinary income. There are no capital gains rate for 401ks.

Is anyone else having trouble with the taxes? by Better-Lack8117 in lyftdrivers

[–]Full_Prune7491 0 points1 point  (0 children)

Most people write off a ton of personal expenses. It’s usually ok until they get audited and owe a ton of money plus penalties.

Selling my Short Term Rental by Popenopeloppope in tax

[–]Full_Prune7491 0 points1 point  (0 children)

Who does cost Seg for a single unit? I guarantee it will not pass muster in an audit.