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Old 04-07-2004, 08:49 AM
Phil Marti
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Default Re: The universal question, important, everyone please take a look

maxawhile[at]yahoo.com (LSB) writes:

- quote -

> 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?


Huh?

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

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  #-1  
Old 04-05-2004, 10:26 PM
LSB
Guest
 
Posts: n/a
Default The universal question, important, everyone please take a look

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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