Author Topic: any accountants out there that i can ask a question?  (Read 247074 times)

Offline yelped

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Re: any accountants out there that i can ask a question?
« Reply #1700 on: April 14, 2019, 11:02:32 PM »
Itíll be rejected unless it amended.

Sometimes r corrects itself, but you can call and at least get an explanation per the phone.

Also sign up for irs.gov and you can download an account transcript and see everything.

Maybe the estimated payment wasnít applied correctly
Thank you very much! I'll log in online and call if necessary.

Offline EJB

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Re: any accountants out there that i can ask a question?
« Reply #1701 on: April 14, 2019, 11:05:38 PM »
Thank you very much! I'll log in online and call if necessary.
When did you pay this estimated payment? After the deadline?

Offline yelped

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Re: any accountants out there that i can ask a question?
« Reply #1702 on: April 14, 2019, 11:16:44 PM »
When did you pay this estimated payment? After the deadline?
April 3rd. It shows up on the online account as a 2018 tax payment, and it shows the full amount of the refund claimed by the 2018 tax return. On "where is my refund", it shows the amount without the estimated tax payment, and that is what I actually received. So should I hope that they fix it themselves and send the additional payment, or call?

Offline EJB

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Re: any accountants out there that i can ask a question?
« Reply #1703 on: April 14, 2019, 11:20:20 PM »
April 3rd. It shows up on the online account as a 2018 tax payment, and it shows the full amount of the refund claimed by the 2018 tax return. On "where is my refund", it shows the amount without the estimated tax payment, and that is what I actually received. So should I hope that they fix it themselves and send the additional payment, or call?

Itís not an estimated payment then. Itís a regular payment. Itís always simpler to pay MS in the last estimated payment slot to avoid issues like this. Give them a call

Offline yelped

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Re: any accountants out there that i can ask a question?
« Reply #1704 on: April 14, 2019, 11:22:39 PM »
Itís not an estimated payment then. Itís a regular payment. Itís always simpler to pay MS in the last estimated payment slot to avoid issues like this. Give them a call
Ok. Thank you. I guess I had/have no idea what the difference is...

They would be willing to help me?

Offline EJB

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Re: any accountants out there that i can ask a question?
« Reply #1705 on: April 14, 2019, 11:24:55 PM »
Ok. Thank you. I guess I had/have no idea what the difference is...

They would be willing to help me?

The difference is I donít think thereís a space on your tax return for payments between Jan 16 and April 15. Youíll have a credit on your account in a few weeks. Iíd call in case it doesnít resolve itself. But wait u til the credit is visible online.

Offline yelped

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Re: any accountants out there that i can ask a question?
« Reply #1706 on: April 14, 2019, 11:28:08 PM »
The difference is I donít think thereís a space on your tax return for payments between Jan 16 and April 15. Youíll have a credit on your account in a few weeks. Iíd call in case it doesnít resolve itself. But wait u til the credit is visible online.
Where would that credit show up? And what happens with that credit? It automatically gets sent over to my bank? I did file for that refund, and it shows the full amount filed for in my account and it shows the payment.

Thanks!

Offline yelped

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Re: any accountants out there that i can ask a question?
« Reply #1707 on: April 14, 2019, 11:31:57 PM »
Create an IRS account and check your balance online.
2017-$0
2018- Your information is not available at this time. If you requested an adjustment to your account your information will not be available until that transaction is complete.

So I guess this means I should wait until it says -$xxxx? And then I need to call to request a refund? Or it happens automatically?

Offline David R

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Re: any accountants out there that i can ask a question?
« Reply #1708 on: April 15, 2019, 01:42:27 PM »
It seems to me that if one did not file an extension, the deadline to file a 2015 tax return and be eligible for a refund will be April 18, 2019, which is three years after the due date of April 18, 2016. When I Googled looking for this information, I came across several reputable websites that said today is the deadline, but I believe they are incorrect.

Offline dovy2

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Re: any accountants out there that i can ask a question?
« Reply #1709 on: April 16, 2019, 12:54:18 AM »
Does anyone know a fax number where you send a w2c to the social security services for then to manually update?
We have a w2c which was only partially updates properly.. so I need to update the IRS and the Social security separately..

Offline yelped

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Re: any accountants out there that i can ask a question?
« Reply #1710 on: April 16, 2019, 09:58:01 AM »
2017-$0
2018- Your information is not available at this time. If you requested an adjustment to your account your information will not be available until that transaction is complete.

So I guess this means I should wait until it says -$xxxx? And then I need to call to request a refund? Or it happens automatically?
It now shows $0 owed for 2018. Does that mean I'll get the $**** refunded automatically or do I have to call?

Offline tzifanya54

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Re: any accountants out there that i can ask a question?
« Reply #1711 on: April 16, 2019, 10:03:45 AM »
What are the consequences of filing at 12:01 EST. FWIW Federal owed me, but I owed NY and NJ.

Offline Usflag

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Re: any accountants out there that i can ask a question?
« Reply #1712 on: April 17, 2019, 02:45:41 AM »
What are the consequences of filing at 12:01 EST. FWIW Federal owed me, but I owed NY and NJ.

I've found that they typically will allow up to 1AM

Offline tzifanya54

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Re: any accountants out there that i can ask a question?
« Reply #1713 on: April 17, 2019, 08:18:42 AM »
I've found that they typically will allow up to 1AM
Thanks

Offline noturbizniss

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Re: any accountants out there that i can ask a question?
« Reply #1714 on: April 17, 2019, 01:44:13 PM »
I filed a 1040x for 2016 as i made a mistake in what i wrote about HSA contributions. I am due a refund.  I got the check today but the IRS deducted interest. Is that normal? I overpaid and then i get penalized? I understand if i owe money then there is a penalty, but wtf is this penalty?
Hell, they can keep the interest on the 2 years of overpayment! but deducting from it?
READ THE DARN WIKI!!!!

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Offline mahnishma

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Re: any accountants out there that i can ask a question?
« Reply #1715 on: April 17, 2019, 04:24:40 PM »
Anyone can recommend accountant in Brooklyn for an audit? Tia

Offline ckmk47

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Re: any accountants out there that i can ask a question?
« Reply #1716 on: April 17, 2019, 04:38:55 PM »
I filed a 1040x for 2016 as i made a mistake in what i wrote about HSA contributions. I am due a refund.  I got the check today but the IRS deducted interest. Is that normal? I overpaid and then i get penalized? I understand if i owe money then there is a penalty, but wtf is this penalty?
Hell, they can keep the interest on the 2 years of overpayment! but deducting from it?
Wow!  What a ripoff!

Offline churnbabychurn

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Re: any accountants out there that i can ask a question?
« Reply #1717 on: April 17, 2019, 05:25:34 PM »

IMO the burden of such reporting is on the entity that the closing costs are paid on behalf of
Probably, but these thing are usually about who gave cash to who.

99% of the time 1099 are missed, and the attorneys get away with it. What else is new...

Offline ckmk47

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Re: any accountants out there that i can ask a question?
« Reply #1718 on: April 17, 2019, 05:28:15 PM »
I filed a 1040x for 2016 as i made a mistake in what i wrote about HSA contributions. I am due a refund.  I got the check today but the IRS deducted interest. Is that normal? I overpaid and then i get penalized? I understand if i owe money then there is a penalty, but wtf is this penalty?
Hell, they can keep the interest on the 2 years of overpayment! but deducting from it?
This is so bizarre, I would call the IRS and ask about it.

Offline yelped

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Re: any accountants out there that i can ask a question?
« Reply #1719 on: April 17, 2019, 08:49:59 PM »
It now shows $0 owed for 2018. Does that mean I'll get the $**** refunded automatically or do I have to call?
Update: I called today, (hold time was only 15 minutes) and they were super helpful. The reason the refund for the additional payment was held up, because I put my name first when I made the payment and on the tax return my DW's name was first.  ::)

They released the refund and I should get a check within a couple of weeks.