Posted on 06/06/2018 12:21:12 PM PDT by George from New England
Apparently the kid didn’t know any better......................
I’d suggest you file an amended return soon and send a check for the difference.
You’ll still have to pay a fine and a penalty probably, but it’s better than having the IRS haul you into court for filing, from their point of view, a fraudulent form.
Or your dependent might file an amended return and un-claim his/her self dependent status. I’d say you do whichever is closet to the truth that you can prove is closest to the truth because you might have to.
The IRS does not have enough people to process exceptions timely or answer taxpayer questions.
You can call IRS, but expect to be on hold for a long time.
You can file a 1040X, expect up to 4 months to process.
You can contact the IRS Ombudsman 1-877-777-4778 or at IRS office in your state.
Be sure to correct state returns also.
Technically, whoever provided 50%+ support for the year is entitled to the dependent exemption.
You can expect interest and penalty. You can pay a deposit as an estimate that stops the interest and penalty.
Keep copies of everything sent to the government.
File an amended return.
As soon as an amount of obligated taxes (difference between the original return and an updated return) can be determined, go to the IRS.GOV web site and use the "Pay Your Taxes" selection to make an immediate payment for the proper tax year. This stops the penalty clock and leaves a minor amount of interest still clicking. You may need to do this for both taxpayers but let the preparer guide you on this process.
There will be a requirement to send in a 1040X Amended return, it DOES NOT HAVE TO WAIT for an IRS acceptance of the prior 1040 return as both were sent in as paper filings. Be SURE to include the original 1040(s) in the 1040X filings with extensive explanations as to the reasons. Include a copy of the IRS Payment Receipt as well in the package.
NOW WAIT - the IRS processes very slowly!
Hope this helps, remember free advice is worth what you pay for it! (grin)!
It would be nice if my son didnt blame me for this.
He wont copy me on his return.
I asked him months ago to use the same tools he used to file, to see what his numbers changed to if he changed his ONE to a NONE for the exemptions. He won’t even accomodate me on that request.
It was my 2016 that I filed 12/26/2017. And my 2017 filed 4/17/2018. I am old school and did both on paper. I have been filing late for years as I always get something back and owe nada. Even with this conflict, I just expect less back, not to owe.
Its just I haven’t gone to SS.gov to file for retirement due to this uncertainty.
If you are going to get money back regardless, what is the problem?
If you go here, what does it give as your status?
If you have already filed a return, and need to amend it - do so.
Since your son is being a jerk, send him a certified letter that he’ll never get another cent from you, then draft a will to make sure that happens.
He’s giving you the bird, time to return the favor.
Doesnt ask what tax year. I am waiting on 2016 and 2017.
On 2017 I didn’t even put a refund amount, I let the IRS calc my EIC on the return.
When I enter the amount on the 2016 return it kicks me out.
Refund Status Results
[Print your Refund Results for your records.] [Take the survey.]
Your tax return is still being processed.
A refund date will be provided when available.
This was the 2017 return on paper mailed 4/17/2018
Its now way past 4 weeks.
The problem is I don’t have 2017 numbers on the retirement earnings of ss.gov
So I cant start ss
How is it possible for anyone to claim they are a dependent of themselves?
I’m 75 and I’m pretty sure the IRS would reject a claim like that if I tried to say I’m my own dependent.
George fNE... If I’ve misunderstood the situation you described, please correct me.
Provide them with all the information and show that you are an honest taxpaying citizen, caught up in a misunderstanding.
Did that for my fourth go-around with the IRStards [me - 4 for 4. IRStards - 0 for 4].
The IRStards were trying to score BIG on the fourth go-around, so I lowered the Congressional representative boom.
Exactly.
I'd ship him a package of adult diapers for the resulting outrage...
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