IRS Idiots

[saratogadew]

Last month I get a tax bill saying I still owe 6K for my 2014 taxes. In 2014 I had 18 taxable hits. I claimed all 18. Nine were from on track and nine were through TVG. PA Bets runs the TVG platform here in Pennsylvania. The nine I claimed said TVG on the top of the W2. The IRS must of had nine that said PA Bets on them and told me that I did not claim them. Can't they look and see that the dollar amounts add up to the penny for what i claimed was TVG? So I wrote them and said TVG IS PA Bets and all were claimed. Are they that F'in stupid? So I get a letter back in the mail yesterday saying they need 90 days to investigate. They also said I should start paying down the 6K I owe them so I don't have to pay more fines and penalties. FU IRS!!!!
Sorry. Rant over.

[RHT2004]

Clever red board?

[saratogadew]

Redboarding has a 1 year statute of limitations so i'm in the clear

[Scav]

Originally Posted by saratogadew

Last month I get a tax bill saying I still owe 6K for my 2014 taxes. In 2014 I had 18 taxable hits. I claimed all 18. Nine were from on track and nine were through TVG. PA Bets runs the TVG platform here in Pennsylvania. The nine I claimed said TVG on the top of the W2. The IRS must of had nine that said PA Bets on them and told me that I did not claim them. Can't they look and see that the dollar amounts add up to the penny for what i claimed was TVG? So I wrote them and said TVG IS PA Bets and all were claimed. Are they that F'in stupid? So I get a letter back in the mail yesterday saying they need 90 days to investigate. They also said I should start paying down the 6K I owe them so I don't have to pay more fines and penalties. FU IRS!!!!
Sorry. Rant over.

First thing I would do is I would see if TVG and PA Bets reported them twice, under different Fed Ind Numbers, its possible because didn't PA bets absorb into TVG in 2015?

You have to do the research yourself and give them a layout for you to be successful. If you are Excel savvy, put together a spreadsheet that notes all W2G's.

The 6k you owe them, did they detail it out, as it 'you owe 6k because of unpaid taxes on X amount of unclaimed revenue'?

[Secretriat34]

Originally Posted by saratogadew

Last month I get a tax bill saying I still owe 6K for my 2014 taxes. In 2014 I had 18 taxable hits. I claimed all 18.
Nine were from on track and nine were through TVG.
PA Bets runs the TVG platform here in Pennsylvania.

The nine I claimed said TVG on the top of the W2.
I thought you said you claimed all18.

The IRS must of had nine that said PA Bets on them and told me that I did not claim them. Can't they look and see that the dollar amounts add up to the penny for what i claimed was TVG?

So I wrote them and said TVG IS PA Bets and all were claimed.
WHAT ABOUT THE 9 FROM ON TRACK ?

Are they that F'in stupid? So I get a letter back in the mail yesterday saying they need 90 days to investigate. They also said I should start paying down the 6K I owe them so I don't have to pay more fines and penalties. FU IRS!!!!
Sorry. Rant over.

1) Your rant does not logically make sense
2) The irs gets a copy of what you get
3) This may have to do with the losses you claimed which can only be deducted to the extend of winnings, you cannot have a loss from gambling
4) you can ask for a installment plan to pay them for up to 10 years or 120 months


you need a CPA to clear this up for you cost less than 200 bucks a opposed to 6 grand and a lien

[Scav]

Originally Posted by Secretriat34

1) Your rant does not logically make sense
2) The irs gets a copy of what you get
3) This may have to do with the losses you claimed which can only be deducted to the extend of winnings, you cannot have a loss from gambling
4) you can ask for a installment plan to pay them for up to 10 years or 120 months


you need a CPA to clear this up for you cost less than 200 bucks a opposed to 6 grand and a lien

its impossible to know how he filed without looking at his return, but assuming he actually TYPED in all 18 W2G's, and all the correct info, and not just claimed the amount, then yes, it should zero out.

Saratogadew, if you want, PM me and we can discuss particulars, I'll do what I can when I can.

On what planet does a CPA cost only $200 for this amount of work? Its at least 8 hours, and around here they are $150-$300 a hour.

[Secretriat34]

scav
i passed the 22 hour 2.5 day CPA exam in 1981, after 17 years in private schools including 5 years at a world class university and have practiced as CPA for almost 35 years

on earth i could clear this up with a 30 minute review of the documents and a 30 minute phone call to the IRS on the practioners phone line..you need a couple of big macs to end the day

[saratogadew]

Originally Posted by Scav

its impossible to know how he filed without looking at his return, but assuming he actually TYPED in all 18 W2G's, and all the correct info, and not just claimed the amount, then yes, it should zero out.

Saratogadew, if you want, PM me and we can discuss particulars, I'll do what I can when I can.

On what planet does a CPA cost only $200 for this amount of work? Its at least 8 hours, and around here they are $150-$300 a hour.

Thank you for your input. I do appreciate it. I know it is a mistake that they will clear up. Just to be clear:
I submitted all 18 w2's. 9 were hits from "on track". (Saratoga, Pimlico, Monmouth ect.)
9 were from TVG. I only claimed losses up to my winnings for all 18. Zeroed out.
The letter they sent me stated that I did not claim 9 W2's from PA Bets. These were the exact figures down to the penny that I claimed from TVG.
I will await their decision and get my accountant involved if they don't realize their mistake.

[RHT2004]

Originally Posted by Secretriat34

scav
i passed the 22 hour 2.5 day CPA exam in 1981, after 17 years in private schools including 5 years at a world class university and have practiced as CPA for almost 35 years

on earth i could clear this up with a 30 minute review of the documents and a 30 minute phone call to the IRS on the practioners phone line..you need a couple of big macs to end the day

This is rude.

[Alabama Stakes]

Originally Posted by saratogadew

Last month I get a tax bill saying I still owe 6K for my 2014 taxes. In 2014 I had 18 taxable hits. I claimed all 18. Nine were from on track and nine were through TVG. PA Bets runs the TVG platform here in Pennsylvania. The nine I claimed said TVG on the top of the W2. The IRS must of had nine that said PA Bets on them and told me that I did not claim them. Can't they look and see that the dollar amounts add up to the penny for what i claimed was TVG? So I wrote them and said TVG IS PA Bets and all were claimed. Are they that F'in stupid? So I get a letter back in the mail yesterday saying they need 90 days to investigate. They also said I should start paying down the 6K I owe them so I don't have to pay more fines and penalties. FU IRS!!!!
Sorry. Rant over.

Usually you're drunk when you go on these rants..... Much more entertaining.
Though Rock Head 10 calling someone else rude is a gas...

[RHT2004]

Originally Posted by Alabama Stakes

Usually you're drunk when you go on these rants..... Much more entertaining.
Though Rock Head 10 calling someone else rude is a gas...

Stalking is new for you.

[Alabama Stakes]

Originally Posted by RHT2004

Stalking is new for you.

Kind of like cashing... For you.