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Showing content with the highest reputation on 10/17/2012 in all areas

  1. One of the issues in ID Theft is people filing tax returns using someone else's SSN. The IRS has stated that taxpayers have the right to obtain all tax returns filed using their own SSN. Thus that fraudulent return filed using your SSN you have the right to obtain. To obtain a copy of any fraudulent return(s) filed under your SSN submit a Form 4506 to the IRS and ask for all returns filed under your SSN. Right to obtain copy of ID Theft returns is per IRS memo dated Jan 12 2012 by Chief of CI at http://www.irs.gov/pub/lanoa/pmta_2012-05.pdf
    1 point
  2. ummmm $11.00? just kidding, i would definately ignore.
    1 point
  3. I just had my first client get caught up in ID Theft. Efiled his return on the 14th. On the 15th it was rejected by IRS for duplicate submission. We called and they said a return had been filed asking for a refund to be sent to a bank account. Paper filed the return and the account is frozen now. IRS says it takes about 6 months to get it cleaned up because they are so backlogged with this problem. Funny thing is - the clients laughed their heads off because they owe back taxes and are hoping the IRS applies the fraudulent return to the amount that they owe. This is going to be fun to clean up...NOT. Tom Hollister, CA
    1 point
  4. Assume it's a mistake and ignore it, given that the amount is so small, would be my advice. I'm guessing it is a depreciation difference, but really, how much difference could it ever make on a future return?
    1 point
  5. Ah yes, chocolate can always speak, in fact, in my house it usually shouts! And I appreciate that, it helps me find where I left it!
    1 point
  6. could have been an input error on the prior accountants part since the amount is exactly double.
    1 point
  7. 1 point
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