Personal Finance and Investing

bernie59

(87 posts)

16. That's great news. You should get a check back - it will take a little while.

Mon Apr 15, 2019, 03:55 PM

Apr 2019

And be sure to look carefully at the IRS response, to make sure you get it all back - unless the facts are 100% clear, the IRS will always make assumptions that maximizes your tax. I had to go several rounds with them once.

I'm really really surprised the CPA did not catch this - it is common that people get caught out with under-withholding for all kinds of reasons, and the IRS rules are pretty reasonable so they do not penalize you if it was unavoidable.

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Just wrote a check to the US Treasury for $xx,xxx.xx. [View all] sinkingfeeling Apr 2019 OP

You paid more taxes than Amazon, Delta Air, Chevron, Netflix and GM, combined htuttle Apr 2019 #1

I hope to write a check for $50 M next year. Hoyt Apr 2019 #2

You can appeal an IRS penalty. brer cat Apr 2019 #3

Thanks. sinkingfeeling Apr 2019 #4

I'd be furious too. progree Apr 2019 #5

This is all very informative. I have a trust BigmanPigman Apr 2019 #6

I'm way out on a limb but here goes progree Apr 2019 #9

Thanks... BigmanPigman Apr 2019 #11

And thank you, and good luck! progree Apr 2019 #12

I found a couple things about IRAs with charities as cobeneficiaries and 5 years... progree Apr 2019 #13

Since I have to pay a lawyer to change anything BigmanPigman Apr 2019 #14

If you withheld an amount equal to or greater than the amount you withheld the year before marylandblue Apr 2019 #7

My sympathy for your loss. JayhawkSD Apr 2019 #8

Regarding the under-withholding penalty bernie59 Apr 2019 #10

Found it. You use form 2210. Since the CPA had copies of my sinkingfeeling Apr 2019 #15

That's great news. You should get a check back - it will take a little while. bernie59 Apr 2019 #16