 Overpayment in wages after leaving? |
| I have recently just received my last paycheck after leaving the job and they have told me that they have overpayed me £300. I dont know what to do I rang them up and my former manager just told me ... |
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 What should i do if i havent received my taxes yet besides talking to the store manager? c'mon please help me. |
i just want to know because i really dnt know wat to do...
and it will be nice to hear from you guys...thanx....... |
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 What's gross income? |
| I am going to file my tax, there is one thing i don't understand: gross income? it's the income before tax or after?... |
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 Has anyone else not gotten their rebate check yet that is scheduled to get it by May 9th?? |
| Just wondering...cause I have yet to see mine and it seems like everyone else has theirs already....... |
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 What does it mean to be vested? |
| As a vested member (48 contributions or more) Taxable amounts to be withheld for income tax..Does this mean I get to keep the earnings from the employer's contributions as well or just what I ... |
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 My s.s. # ends in 85 so my stimulus check is due to be mailed July 4th? |
| I know I'm being impatient but its hard not to be with gas and food costing as much as it does. Is there anyone else pulling their hair out while waiting too? It would make me feel better to ... |
|
 Can a 15 year old file taxes after being claimed? |
My son is 15, he worked over the summer for a friend's business.
I claimed him when i did my taxes, can he file for himself, he made less than $4000.00?... |
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 My husband sister filed their mother and her boyfriend as dependants? |
| on her tax return. My mother and her boyfriend don't work and don't file taxes but they both get social security checks each month and they live with my husband's sister but they give ... |
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 Can I get any benefits? UK only please.? |
| Hi, I'm a UK citizen and have been all my life. I currently live with my mum but only use it as a care of address because she gets help with rent etc. I have always worked until early this ... |
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 My spouse and I have a legal separation agreement not filed in a court. Can we file taxes as 'single'? |
| For six years we have filed taxes as Married, filing separately. We are in our seventies, reside permanently 600 miles apart and have no reason to divorce. I have very few deductions while he has ... |
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 What could the government put tax on next? |
| fast food maybe as it appears to cause the most litter and is probably the biggest cause of the increase in obesity,it would make up for revenue lost from tobbacco tax.once they have rid the country ... |
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 Renting out my home so I can rent an apartment...will I have to add the rent I recieve as part of my income? |
| I want to live in the city for about 5 years until I'm older and move back into the house (out in the country) later on... Feel free to leave me with other remarks to think about as I have not ... |
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 How come I have not received my Stimulus Check? |
My social ends in 00-10
I did my taxes online and had refund direct deposited.... |
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 Can I collect unemployment in one state while working on the books in another state? |
| While collecting unemployment in Massachusetts, can I work on the books in New Hampshire without jeopardizing my unemployment?... |
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 My social ends in 94, there is no info about my stimulus rebate in the IRS website, is it too soon? |
| My friends who's social ends in 60, her info about how much she would be getting came up yesterday, but when I put my info up, i get nothing..Is it too soon? Did anyone else who's social ... |
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Shadow | I received a letter from IRS saying that I owe some taxes from 2004 please help? |
That was the first time and only time I tried doing it my self, I made a mistake by adding the wrong amount on the interest paid on my mortgage so I owe 1235 back to them. I'm planning to paid them as next tax season, so if I ignore it for now would that affect me? |
 |
 
Steve B
 |
Don't ignore it, but don't panic. You have probably received a CP 2000, a proposed assessment. If you agree, check the box on page 3, Step A for option 1, full agreement, then skip down to Step B and check option 3. Complete the Form 9465 they included with the CP 2000 to tell them how much you want to pay each month and which day of the month you want to pay it by. Unless your suggested monthly payment is laughable, the IRS will approve it. There will be a $43 set up fee that will be taken out of the first monthly payment.
If you ignore the problem, the tax will be assessed by default and after several months of letters you will get a final notice. The late payment penalty (FTP), which had been 0.5% per month, will jump to 1% per month. If you set up an installment agreement, the FTP rate drops to 0.25% per month. |
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jada_24
|
i owe the IRS money from my 2004 taxes, its not like they will come after you, you can call to set up a payment plan or ignore it and they will take it out of your next tax return.... |
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wpililli
|
You can call the IRS to set up payments to pay it back. Just ignoring the letter will hurt you in the long run. |
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Butterfly
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Yes, you need to contact them and set up a payment plan it can be as low as $50.00 a month until next years tax comes in. You can not ignore it because you are being charged alot in interest and points. |
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3eleven
 |
There is some terrible advice on this Q.
There will not be any additional penalties only interest because you have already filed the return. You can wait till April 2007 and see if you will get a refund that will cover the $1,235. The interest rate is nominal. If you have the money....then yes pay it now to avoid additional interest. Nobody's coming after you... |
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elgil
 |
You are right. You need all the help you can get.And you don't even know it. |
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curiositycat
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There should be information on how to contact them for assistance or requesting an extension. I had it happen, too, but it was only 30 bucks so I just sent it. |
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tspbrady
 |
If they are correct and you know it, the best thing that you can do is pay them as soon as humanly possible. The interest and penalties that rack up are not worth the headaches, trust me. Take out a loan to pay it off, it will be cheaper in the long run.
You can't "make up for it" on next year's taxes - doesn't work that way, sorry...
Good luck. |
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fasb123r
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They will slap penalties on you in addition to the late filling, payments ect. My advise- pay it right away. DO NOT wait till next time. |
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Jenny A
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Pay what you owe NOW! |
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thunder2sys
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you ignore it, the penalities will keep going up. they don't want to wait. you better pay it today otherwise you can be charged with tax evasion. Why would you want to incur another 9 months of penalties? |
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cjl1618@sbcglobal.net
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you might be able to make it, but it would cut it close. I tried the same thing once, thought I made it, then woke up one day to find all of my money in my checking and savings account had be frozen.
Best bet is to talk to them. |
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aka Astra
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give them a call and set up an installment plan. Whatever portion is not paid will continue to accrue interest (approx 7%)AND late payment penalties (approx 5%) (only the late filing penalty ceases once the return is filed). In addition, if you ignore them long enough, they can put tax liens on any property you have as well as hitting your credit report with the lien. Go ahead and complete your 2005 return though - see if there is a refund or you owe. If you owe, then you could throw this into the installment plan amount due as well. If a refund, ask them to apply this to the 2004 amount due to reduce it. |
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