Nuts... IRS sent me a CP2000 letter this week.

[SketchMaster]

Got it just in time for the weekend. Apparently, I didn't include a 1040 form on my 2014 tax return for $3,600 from a Colorado employer I left early that year to move to a new role in TX. Spent half the weekend trying to find the missing form in my files, but it must have never made it to my new address when they sent it. The amount they are asking is $720 for $3,600.

Guess I'm stuck with contacting my old employer for a copy of that 1040, amending my 2014 return, sending that off, all while trying to call someone at the IRS to let them know I got their automated letter.

Has anyone else ever been haunted by ghosts of tax years past?

 

[JEDIYoda]

why should we care?

 

[pcgeek11]

I'm sure a good deal of that owed is penalties...

Don't you mean you didn't get the W2 Form from the employer, not a 1040. The employer doesn't provide a 1040 form.

Go here:

https://www.irs.gov/individuals/understanding-your-cp2000-notice

 

[edro]

why should we care?

Case in point on why ATOT is dying.

 

[dullard]

Got it just in time for the weekend. Apparently, I didn't include a 1040 form on my 2014 tax return for $3,600 from a Colorado employer I left that year to move to a new role in TX. Spent half the weekend trying to find the missing form in my files, but it must have never made it to my new address when they sent it. The amount they are asking is $720, which is crazy for $3,600.

Guess I'm stuck with contacting my old employer for a copy of that 1040, amending my 2014 return, sending that off, all while trying to call someone at the IRS to let them know I got their automated letter.

Anyone else ever had to deal with a CP2000? Any advice?

Contact your old employer, get the W2, then follow the instructions you were given in the IRS letter. It shouldn't be too difficult. If your old employer doesn't respond, you can request a copy of what they sent the IRS from the IRS.

I'm not sure why a $720 tax is crazy for $3600 in income. That is just 20%. It seems actually low to me.

 

[slag]

Case in point on why ATOT is dying.

Agreed. Used to be such a helpful place and still is for some things, but a few sour apples tend to ruin the atmosphere for the rest of us.

 

[NoCreativity]

dullard has it.

I can't help you but I got dinged this year too. Employer forgot to put my dependent care FSA on my W-2 so I basically double counted the childcare tax credit. At least I caught it before the IRS. They still charged me $12 of interest on $1000 for 4 months. I'd love to know where you can get that kind of interest.

 

[TwiceOver]

They'll be the first to tell you that you owe them money. A mistake the other way goes completely unnoticed.

 

[cardiac]

Case in point on why ATOT is dying.

He's a noob anyway.... Phhh. joined in 2005.

 

[Ken g6]

I'm not sure why a $720 tax is crazy for $3600 in income. That is just 20%. It seems actually low to me.

This. You're not even in the 25% tax bracket? What are you doing here, beggar?

Apparently, I didn't include a 1040 form on my 2014 tax return for $3,600 from a Colorado employer

You may also owe Colorado state tax. Just trying to make sure you avoid breaking the law.

 

[SketchMaster]

20% is more than 0%, which is what I'd like to owe the IRS for that year. Us youngsters ATOT plebeians don't have stacks of money leveling our 90" OLED TVs like you old-timers. We have to make do with old 60" plasmas and maxed out credit cards!

But yes, it's a W-2 that I need, and I'll be reaching out to CO as well to make sure I don't get a nastygram from them.

 

[Regs]

The usual reply is "OMG You did not pay your taxes and you want our sympathy?" - signed some guy who lives in moms basement and does not pay taxes.

 

[piasabird]

IRS has no sense of humor. I bet you cashed that company's paychecks? It is not like you can say I dont remember being payed. If you had the last pay stub, you could probably use that. However, it probably has taxes you paid on it too.

 

[Banana]

If the $720.00 includes a penalty, then you should call the IRS and request a waiver of the penalty. I recently received a bill for late payment, called the IRS, and the rep waived the penalty. The interest still had to be paid, but it was small potatoes.

I have to say - The few times I've spoken with IRS reps, they have been friendly and helpful.

 

[PowerEngineer]

Yes, the IRS also sent me a letter about missing income on my 2014 tax return. A little research showed me that they were right and I was wrong. I reran my tax return (H&R Block) and confirmed their numbers were correct. I accepted their calculation of taxes owed (penalty about 4%) and submitted payment. Was rewarded with a followup letter in July acknowledging my payment. Done (I hope!)

 

[herm0016]

They'll be the first to tell you that you owe them money. A mistake the other way goes completely unnoticed.

And if they think you might from past years, they will hold your current refund until hell freezes over or they get around to "processing your amended returns" after they loose them a few times.

 

[SketchMaster]

I'm sure they're correct in the fact I left it off, but I want to make sure I'm paying only what's actually due. The W-2 was for the last couple of weeks I worked in early 2014.

 

[DaveSimmons]

They'll be the first to tell you that you owe them money. A mistake the other way goes completely unnoticed.

I got a nice letter from them a few years back saying I'd overpaid and a refund check was on its way. Stupid TaxCut. After that I switched to TurboTax.

I used to do my taxes manually but now that I'm a HENRY there are too many forms and mind-numbingly complex requirements for investment income, deductions and the AMT.

 

[midwestfisherman]

why should we care?

It may be difficult but, try not to be a d|ck!

 

[SketchMaster]

I used to do my taxes manually but now that I'm a HENRY there are too many forms and mind-numbingly complex requirements for investment income, deductions and the AMT.

Yeah, I'm starting to get there myself... I've got too many things to keep track of so I'm sure I'll get more of these love letters in the future.

 

[JEDIYoda]

Case in point on why ATOT is dying.

Jesus Loves you and all of ATOT!!!

 

[JEDIYoda]

It may be difficult but, try not to be a d|ck!

Jesus Loves you!!! Kum ba ya......

 

[JEDIYoda]

If the $720.00 includes a penalty, then you should call the IRS and request a waiver of the penalty. I recently received a bill for late payment, called the IRS, and the rep waived the penalty. The interest still had to be paid, but it was small potatoes.

I have to say - The few times I've spoken with IRS reps, they have been friendly and helpful.

That is very true. I think it even makes them happy to not have to deal with an idiot once in a while!!!!

 

[SearchMaster]

Never been haunted by the IRS but I did get a pleasant surprise earlier this year. Somehow my accountant (aka my wife) missed the fact that our extremely expensive health care premiums were not being taken out of taxable income over the last couple of years, so she submitted amended returns so we'll be getting a quite large refund. Sure, the IRS got to party on our dime due to our negligence without interest but I'm quite happy to be getting those dollars back.

 

[lupi]

Got a letter many years back. Hadn't filed in about 4 years and they sent me a letter telling what they thought I owed. So I went and completed forms for each year, carrying the refund to the next year, so the several thousand dollars they thought I needed to pay them became about a $200 refund.