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| maxawhile[at]yahoo.com (LSB) writes: - quote - > I suppose there are different ways to do the tax
Huh?> calculation; I am wondering if I what I did is not > completely correct which I suppose is almost certain because > I either calculated more or less than the perfect figure. > What IRS will do? If the tax amount is less than the perfect > figure, will they consider as a crime? On the other hand, if > according my calculation, I acutally will pay more than my > due, will IRS step in and say hi, you should claim more or > they just pocket the money and take advantage my mistake? If your return is mathematically correct and without an error that makes it unprocessable, IRS will (initially) accept it as filed. If you've made math or table lookup errors they'll correct them and send you a notice. If you're talking about those hairsprayed TV "news"casters who yammer on about different answers to the same set of facts, that won't matter until an audit. Phil Marti Topeka, KS << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| I suppose there are different ways to do the tax calculation; I am wondering if I what I did is not completely correct which I suppose is almost certain because I either calculated more or less than the perfect figure. What IRS will do? If the tax amount is less than the perfect figure, will they consider as a crime? On the other hand, if according my calculation, I acutally will pay more than my due, will IRS step in and say hi, you should claim more or they just pocket the money and take advantage my mistake? Thanks for any discussion. Larry << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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