Jul. 10th, 2007

dphilli1: (Default)
I got a letter from the IRS saying that there was a discrepancy in my 05 taxes, to the tune of ~$800. This is bad, because I don't have a spare $800 to pay for the war and stuff.

I looked through the info, and I found that the difference in reported income was due to BoA reporting the interest on savings bonds I cashed in.

Now, I've reported the interest on these bonds every year, you either pay the interest as you, or pay it all at the end.

So, what did I do?

I got my taxes out, called the IRS and explained that, no, I didn't need to report that $2800 in income _because I'd already reported it over the years_. After a few minutes of arguing, I started going though my taxes, telling the guy "2003, Schedule B, Taxpayer elects to report interest on annual basis, $XXX, 2002, Schedule B, Taxpayer elects to report interest on annual basis, $YYY, 2001, Schedule B, Taxpayer elects to report interest on annual basis, $ZZZ"

and you know what?

The IRS guy AGREED!

So I'm getting a new form in a few weeks and it looks like I don't owe nothing, just like my taxes said!

So HAH!

IRS, I pwn you!

Profile

dphilli1: (Default)
dphilli1

October 2014

S M T W T F S
   1234
567891011
12131415161718
19202122232425
262728293031 

Page Summary

Style Credit

Expand Cut Tags

No cut tags
Page generated Jul. 2nd, 2025 07:04 am
Powered by Dreamwidth Studios