The IRS Audit Blog

Posts Tagged ‘IRS Forms’

Question: Does the IRS reconize “a statue of limitations” when a creditor sends you a 1099 C form?

My husband filed bankruptcy in 2000 and we turned in a vehicle that was in both our names. Apparently the original creditor sold the debt to another company and they sent us both a 1099 C form this year. I never made any agreement with the creditor to repay since we returned the vehicle. I have contacted the attorney for when he filed bankruptcy and he said the violated the law and he wants to sue them on my husbands behalf however I am still stuck with the 1099 form. Is there a statue of limitations for a creditor to file this form?

Answer: Was box 6 marked off showing the debt was discharged during bankruptcy? Was your bankruptcy chapter 11? If so you do not include this amount on your tax return?

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Health reform is not dead. There are bipartisan ideas out there to fix it. And that means to enact reform, the only route out is the bipartisan way. It is time elected officials stop pursuing an agenda that is so extreme and flawed, it takes a supermajority of only Democrats to enact.

Adam Saruwatari 8.90sec RX7 drag record IRS pass IDRC finals 2000

Question: when filing irs tax online how to submit the W2 and other required forms?

Answer: I didn’t submit anything; I efiled w/ TaxCut and did an electronic signature. If you have to send something in after efiling, it tells you and you just mail it like you would your return w/ a file or reference number if they provide it to you.

Experts offer tips, advice to get your tax refund sooner

The single smartest move you can make this tax season is file early. “I would say about 90 percent of people procrastinate,” said Diana Mammen, a certified public accountant and co-owner of The Mammen Group in Holland. Luis D. Garcia, spokesman for the IRS in Michigan, said most people get at least some of their taxes refunded — one reason to promptly file the return, to get the money back in …

How to Complete and File a 1040EZ Tax Form : 1040EZ Tax Table Tips

Question: Filing Income Tax! Help please!?

On form 1040 of 2006, line 63, what does UT stand for? We looked on irs.gov in instructions, but it doesn’t say! We are trying to figure out what it means so we can finish it!

Answer: The 2006 form 1040, line 63 says:

“Add lines 57 through 62. This is your total tax.”

Where is the “UT” at?

KELLNER: Making the 1040 less taxing

Less than three months remain until April 15, and last Friday, the Internal Revenue Service declared its electronic filing system “open for business,” allowing taxpayers the chance to get their refunds quicker. If you’re receiving W-2 forms and other statements in your mailbox, you might be itching to begin. It’s been a few years since I’ve examined the options for preparing tax returns, and …

How to Complete and File a 1040EZ Tax Form : How to File a 1040EZ Dependents Worksheet

Question: What IRS FORMS do I need to submit for Financial Aid?

For 2005 Federal tax return including all schedules and W-2s.

Answer: I’m a student and each year I don’t need to submit any of my tax forms to the Office of Financial Aid when it comes to my FAFSA. The only time they require you to submit copies of tax forms is when you are eligible for a Pell Grant, at which point they will need a copy of your W-2′s (and a copy of your parent’s as well if you are under age 23).

*****NEW INFO: That other person said that I am wrong, but I’ve been doing my FAFSAs every year and know very well what is required of me and the tax forms that they require me to submit. Like I said, you let them know whether you have filed or not and submit copies of the W-2′s only if they say you’re Pell-eligible. Your best bet would be to contact the Financial Aid Office at your college though. Good luck!!!

IRS TAX TIPS – Top 10 Tax Time Tips

While the tax filing deadline is more than three months away, it always seems to be here before you know it. Here are the Internal Revenue Service’s top 10 tips that will help your tax filing process run smoother than ever this year. 1. Start gathering your records Round up any documents or forms you’ll need when filing your taxes: receipts, canceled checks and other documents that support an …

Paterson sets a stormy course for reform

ALBANY — In his quest to reform Albany and improve his political standing, Gov. David Paterson is taking a hard line against the state Legislature, special interests and even good-government groups.

Project 2010 – Abolish New York State Government 1of2