"MTW" <mtwingcpa[at]yahoo.com> wrote:
- quote -

ya the way it showed up ain't how i typed it <weird
happenings
so i went back and spaced it out properly above, assuming
the spacing stays in place when it is posted

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

effi wrote:

- quote -

With due respect, I find it difficult to read and comprehend
your messages because they lack conventional capitalization
and punctuation.

MTW

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

"Tom Mitchell" <tom[at]tomnlana.com> wrote:

- quote -

you are referring to an offer in compromise filed on a
"doubt as to liability" basis approval of offers on a "doubt
as to liability" is rare, much more rare than offers
approved on a "doubt as to collectibility" basis, and is in
fact uncommon have you considered filing amended returns for
years still eligible for amending (must be filed within 3
years of the original due date of the return, with valid
extensions, or within 2 years of payment of the tax,
whichever is later)? If you can negate the liabilities that
way it will be much less complex than preparing an offer in
compromise and going through the offer process, which has a
5 year compliance period once the offer is accepted )if it
is accepted by IRS) which means if you miss one filing
deadline or payment deadline the irs can reinstate the
entire liability that was otherwise compromised, plus
additional penalties and interest

better yet, enlist the assistance of a professional (cpa,
etc.) in determining how to ameliorate your tax problem

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << It may not be relied upon for the purpose of avoiding > << penalties that may be imposed on the taxpayer or the > << tax preparer. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >

I've been reading past postings on this topic, trying to get
a feel for preparing the form. It's great being able to
comb thru the group.

I want to use the checkbox regarding the doubt as to owing
the tax. My problem is that I didn't get SSNs for my kids
until this past year, for idiotic reasons. Anyway, had the
IRS allowed my kids as dependents when I filed, I would not
owe tax/fees/etc., and in fact, would have received refunds
during those years. Of course, you need an SSN for each one
when filing, and I do have them now. Yes, I'm an idiot, or
was more so in the past.

I'm hoping to say that with this last year as an example
(would have ~4k in refund), that if I had the SSN on the
forms for the previous years, I would not be in the
predicament that I'm in now. Or is the checkbox regarding
the doubt of owing the tax only for glitches when the form
is processed on their end?

Mitch

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << It may not be relied upon for the purpose of avoiding > << penalties that may be imposed on the taxpayer or the > << tax preparer. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >