IRS Notice

[Yuvasamudram]

Back in 2017 tax filing appudu I forgot to include one of the W2 form because employer sent it to a wrong address. it was a small amount and naaku kuda antha click avvaledu.

Anyways IRS letter pampinchadu substancial underfilling so addition tax amount and fine. I paid addition all amount right away. Didn't pay penalty of $1000.

Spoke to employer and got missing W2 form and sent to IRS that it was a genuine mistake and asked them waive off the penalty showing wrong address on the form. iRSp vadu sent a letter again that I have to pay the penalty.

Is there a way reduce the penalty? $10K ki $1K penalty is too much. I know it was my mistake. TIA.

[Anta Assamey]

[Picheshwar]

7 minutes ago, Yuvasamudram said:

Back in 2017 tax filing appudu I forgot to include one of the W2 form because employer sent it to a wrong address. it was a small amount and naaku kuda antha click avvaledu.

Anyways IRS letter pampinchadu substancial underfilling so addition tax amount and fine. I paid addition all amount right away. Didn't pay penalty of $1000.

Spoke to employer and got missing W2 form and sent to IRS that it was a genuine mistake and asked them waive off the penalty showing wrong address on the form. iRSp vadu sent a letter again that I have to pay the penalty.

Is there a way reduce the penalty? $10K ki $1K penalty is too much. I know it was my mistake. TIA.

payoff and move on. 

More delay more headache and more interest.

[Yuvasamudram]

1 minute ago, Picheshwar said:

payoff and move on. 

More delay more headache and more interest.

Ok

[Manchodu_Chedodu]

Lol easy peasy bro.

I got it handled like a pro and paid zero dollars lol.

[Yuvasamudram]

10 minutes ago, Manchodu_Chedodu said:

Lol easy peasy bro.

I got it handled like a pro and paid zero dollars lol.

India ki jump as ento bro..

Juniors ki tips ivvochu kada.

[LadiesTailor]

2 hours ago, Yuvasamudram said:

Back in 2017 tax filing appudu I forgot to include one of the W2 form because employer sent it to a wrong address. it was a small amount and naaku kuda antha click avvaledu.

Anyways IRS letter pampinchadu substancial underfilling so addition tax amount and fine. I paid addition all amount right away. Didn't pay penalty of $1000.

Spoke to employer and got missing W2 form and sent to IRS that it was a genuine mistake and asked them waive off the penalty showing wrong address on the form. iRSp vadu sent a letter again that I have to pay the penalty.

Is there a way reduce the penalty? $10K ki $1K penalty is too much. I know it was my mistake. TIA.

Ask your CPA to refill and write a statement that it was sent to wrong address and never delivered to you... usually they will honor and waive penalties.. 

[MiryalgudaMaruthiRao]

[bhaigan]

2 hours ago, Yuvasamudram said:

Back in 2017 tax filing appudu I forgot to include one of the W2 form because employer sent it to a wrong address. it was a small amount and naaku kuda antha click avvaledu.

Anyways IRS letter pampinchadu substancial underfilling so addition tax amount and fine. I paid addition all amount right away. Didn't pay penalty of $1000.

Spoke to employer and got missing W2 form and sent to IRS that it was a genuine mistake and asked them waive off the penalty showing wrong address on the form. iRSp vadu sent a letter again that I have to pay the penalty.

Is there a way reduce the penalty? $10K ki $1K penalty is too much. I know it was my mistake. TIA.

If it is your mistake then pay it

[AndhraneedSCS]

17 minutes ago, LadiesTailor said:

Ask your CPA to refill and write a statement that it was sent to wrong address and never delivered to you... usually they will honor and waive penalties.. 

W2 intiki rakapothe follow-up cheyyali.

 

I think TS is at fault here. 

 

If 10K is a small amount to miss in taxes, 1K is peanuts. so, just pay it and move on.

[Vaampire]

Just pay it & move on. Not worth ur efforts in fighting for 1k considering it was ur mistake.

 

[Yuvasamudram]

Ok. will pay off. 

purpose of this post is to findout if anybody went through this and reduced penalty. thanks for the inputs.

[Funkops]

I would first pay and think of negotiating as a follow up

[Yuvasamudram]

9 minutes ago, Funkops said:

I would first pay and think of negotiating as a follow up

sounds reasonable

[csrcsr]

3 hours ago, Yuvasamudram said:

Back in 2017 tax filing appudu I forgot to include one of the W2 form because employer sent it to a wrong address. it was a small amount and naaku kuda antha click avvaledu.

Anyways IRS letter pampinchadu substancial underfilling so addition tax amount and fine. I paid addition all amount right away. Didn't pay penalty of $1000.

Spoke to employer and got missing W2 form and sent to IRS that it was a genuine mistake and asked them waive off the penalty showing wrong address on the form. iRSp vadu sent a letter again that I have to pay the penalty.

Is there a way reduce the penalty? $10K ki $1K penalty is too much. I know it was my mistake. TIA.

2017 vi ipudu chestara bro wow