|
#7
| |||
| |||
| "Andy" <andysharpe[at]juno.com> wrote: - quote - > I can happily report that both IRS and California FTB
I had a friend who used to take a hole puncher and put a> received my payments and they were VERY prompt in cashing > the checks (both checks cleared on the 4rd business day > after I mailed them). hole in the bank code on checks he would send to the IRS. The IRS would get the check on time, but it would take the bank several extra days to process the check, allowing him the float in the mean time. Stu << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
|
#6
| |||
| |||
| I can happily report that both IRS and California FTB received my payments and they were VERY prompt in cashing the checks (both checks cleared on the 4rd business day after I mailed them). ----- spoca2 Andy comments: I bet they have you in a dossier now, flagged as a potential "economic terrorist"...... You should never have admitted on the internet to this crime, as it can probably be used against you at your trial... )))))) Andy << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
|
#5
| |||
| |||
| TaxSrv wrote: - quote - > <spoca2005[at]yahoo.com> wrote
I have the impression that in 1998 the USPS stopped> > So, most likely post office overlooked the 2 cent shortage > > in the stamp. Since both the deliveries were to P.O. Boxes, > > I doubt IRS paid 2 cents, like in Fred's office. > An IRS P. O. Box for a Service or Processing Center is still > goes to physical IRS people, except in multiple USPS > mail-sack quantity. As often as I've visited Centers or > talked to many Postmasters, I never thought to ask about > that "postage due" stuff there. If I were betting, payment > is made out of some sort of kitty, or perhaps a billing > system. collecting "postage due" from the recipient - it's only collected if they return it to sender. << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
|
#4
| |||
| |||
| "TaxSrv" <n3_eu[at]comcast.net> wrote: - quote - > <spoca2005[at]yahoo.com> wrote
In the past the Post Office used to deliver mail with> > So, most likely post office overlooked the 2 cent shortage > > in the stamp. Since both the deliveries were to P.O. Boxes, > > I doubt IRS paid 2 cents, like in Fred's office. > An IRS P. O. Box for a Service or Processing Center is still > goes to physical IRS people, except in multiple USPS > mail-sack quantity. As often as I've visited Centers or > talked to many Postmasters, I never thought to ask about > that "postage due" stuff there. If I were betting, payment > is made out of some sort of kitty, or perhaps a billing > system. insufficient postage, and seek payment from the recipient. Knowing things like bill payments and tax returns would be delivered, people would send them in without any postage at all. Needless to say the IRS, among others, didn't like that one little bit, so the Post Office changed its whole procedure. They might have decided to give a grace period. But normal procedure would be to send it back. Stu << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
|
#3
| |||
| |||
| <spoca2005[at]yahoo.com> wrote - quote - > So, most likely post office overlooked the 2 cent shortage > in the stamp. Since both the deliveries were to P.O. Boxes, > I doubt IRS paid 2 cents, like in Fred's office. An IRS P. O. Box for a Service or Processing Center is still goes to physical IRS people, except in multiple USPS mail-sack quantity. As often as I've visited Centers or talked to many Postmasters, I never thought to ask about that "postage due" stuff there. If I were betting, payment is made out of some sort of kitty, or perhaps a billing system. Reg, Fred F. << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
|
#2
| |||
| |||
| - quote - > > > But I only used 37 cents stamps -- I just got back from a 6
Thank you Bob, and Fred for youre replies.> > > week long overseas trip and did not know that the domestic > > > postage rate has increased to 39 cents. > > > > > I am more worried about the estimated taxes being returned > > > by post office and then being late. > USPS does not return it for insufficient postage (only > no-postage), unless the addressee refuses to pay it. What > IRS big processing centers do, I don't specifically know, > but I suspect they do the obvious. To refuse it means a > potential and rather petty reasonable-cause dispute down the > road, costing IRS more than just pocket change. I can happily report that both IRS and California FTB received my payments and they were VERY prompt in cashing the checks (both checks cleared on the 4rd business day after I mailed them). So, most likely post office overlooked the 2 cent shortage in the stamp. Since both the deliveries were to P.O. Boxes, I doubt IRS paid 2 cents, like in Fred's office. Spoca2005 << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
|
#1
| |||
| |||
| - quote - > > But I only used 37 cents stamps -- I just got back from a 6
USPS does not return it for insufficient postage (only> > week long overseas trip and did not know that the domestic > > postage rate has increased to 39 cents. > > > I am more worried about the estimated taxes being returned > > by post office and then being late. no-postage), unless the addressee refuses to pay it. What IRS big processing centers do, I don't specifically know, but I suspect they do the obvious. To refuse it means a potential and rather petty reasonable-cause dispute down the road, costing IRS more than just pocket change. In my smaller IRS office, we just paid it out of our own pocket and chatted briefly with our friendly letter carrier. A very few cheapskate employees would take it out of the "coffee fund jar," fellow EE's money, including mine as manager. True story. Most times the charge was the last ounce on a fat mailing, like 21-23 cents at the time. But one of my subordinates was the union steward. He felt it should not come out of his own pocket or the employees' coffee fund. Unfair labor practice (ULP), under the National Labor Relations Act, I surmise and quite technically correct, so he would ask me for the money. So I just paid him, with casual "malice aforethought," asking if he had change for a quarter to the denomination of a penny. Hints he didn't take so good. Once every blue moon, we suspected a t/p under audit had like an accurate digital postage scale, and shorted it one stamp in mailing successive bunches of supporting documents, perchance to deliver a message. If possibly true, we rather appreciated the humor of it, with little thought to such a bold affront to a desirable good-faith, adversarial enforcement process. More t/p's than this exception seemed to affix excessive stamps in such weighty matters (pun!), if not delivery via FedEx. :-) Fred F. << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
| | |||
| |||
| - quote - > But I only used 37 cents stamps -- I just got back from a 6
Relax. The post office is not going to return it. In the> week long overseas trip and did not know that the domestic > postage rate has increased to 39 cents. > I am more worried about the estimated taxes being returned > by post office and then being late. At the same time, I > don't want to mail another $5000, and find out that IRS and > FTB received and cashed both set of checks. first week after a rate increase (it took effect Jan. 8) they will cut you some slack. << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
|
#-1
| |||
| |||
| Based on a preliminary estimate of my taxes, I determined that my 2005 withholding from salary was a bit less than 90% of 2005 taxes. So, I mailed $2500 check to IRS and another $2500 to FTB on Monday and Tuesday of this week, using the slip for 4th installment of 2005 estimated taxes. (But there was no estimated taxes paid in installments 1, 2 or 3; only salary withholding). But I only used 37 cents stamps -- I just got back from a 6 week long overseas trip and did not know that the domestic postage rate has increased to 39 cents. I am more worried about the estimated taxes being returned by post office and then being late. At the same time, I don't want to mail another $5000, and find out that IRS and FTB received and cashed both set of checks. Is there some IRS/FTB office I can call and alert about the 4th installment payment possibly getting delayed, and would it do any good? Anything else I can do to avoid future hassles from IRS and FTB? Thanks. << ================================================== ===== > << 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 (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| cents, estimated, mailed, postage, taxes |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Definition of fiscal quarter for estimated taxes vs payroll taxes tns1: As an operator of a sole proprietorship for several years, I am used to paying estimated taxes for quarters defined as months 1-3,4-5,6-8,9-12. I... | Taxes | 5 | 06-15-2005 10:23 AM | |
| Why not just ignore estimated taxes? 4dtvman: I know that sounds like a dumb question, but if you owe estimated taxes because of capital gains throughout the year, why not just keep your money... | Taxes | 8 | 07-31-2004 05:13 AM | |
| estimated taxes question Rob: I'm paying my quarterly estimated taxes. Last year my total taxes paid were only around $10,000. This year they will likely be closer to $40,000.... | Taxes | 6 | 06-27-2004 09:05 PM | |
| Estimated Taxes jay lee: If you make over 5k a month you must pay estimated taxes I heard, however, I heard you can avoid it if you pay AT LEAST your total tax liability... | Taxes | 5 | 09-26-2003 08:31 AM | |
| Estimated Taxes Peter: I have a question on paying estimated taxes. I work as an employee and have federal & state taxes withheld. My wife started a job in February for... | Taxes | 1 | 07-10-2003 02:10 PM | |
| Thread Tools | |
| Display Modes | |
| |