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Old 02-28-2006, 05:10 AM
TaxmanHog
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Default Re: Amended OIC

- quote -

> "Neil" wrote...
> I originally filed my OIC for tax years through 2004, with
> the intention of amending it for 2005 once I filed my 2005
> return, since I owe for 2005 as well. One of the things the
> IRS noted in its letter to me last month requesting more
> information was that I need to be current on estimated tax
> payments. But those would be for 2005, which I'm planning on
> including in my OIC once I file it.
> My amended OIC is due by this Friday, and I plan to list
> 2005 in the amended OIC, to alleviate any issue with
> estimated tax payments for 2005. Do I need to have the
> return filed before I send the amended OIC, or is it enough
> to just list it, with a note that I will be filing the 2005
> return shortly?


I ask rhetorically, What happened to being in full
compliance on 4/16/2006, or 9/15/2005, or 6/15/2005, or
4/15/2005?

You should have sent in at least that Quarters accrued
taxes, regardless of prior quarters missed

From this day forward you will be in FULL COMPLIANCE or you
will never resolve your tax problems.

As a further gesture of good faith might consider actually
making your 4/17/2006 estimated tax deposits now VIA EFTPS
if you are a participant, or mail to Service Center/lock
box, make a copy of that check & ES COUPON to substantiate
your action, include it with the Amended OIC.

I suggest that you attach the actual return with original
signature to the amended OIC.

Clearly indicate that the return requires Processing &
Assessment, once the examiner reviews it and makes a copy
of the OIC investigation file, the return will be sent to
the appropriate Processing center for assessment.

One Day At A Time, from this day forward you MUST BE IN
CURRENT COMPLIANCE.

<< ================================================== ===== > << 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  
Old 02-27-2006, 09:38 AM
Neil
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Posts: n/a
Default Amended OIC

I originally filed my OIC for tax years through 2004, with
the intention of amending it for 2005 once I filed my 2005
return, since I owe for 2005 as well. One of the things the
IRS noted in its letter to me last month requesting more
information was that I need to be current on estimated tax
payments. But those would be for 2005, which I'm planning on
including in my OIC once I file it.

My amended OIC is due by this Friday, and I plan to list
2005 in the amended OIC, to alleviate any issue with
estimated tax payments for 2005. Do I need to have the
return filed before I send the amended OIC, or is it enough
to just list it, with a note that I will be filing the 2005
return shortly?

Thanks for any advice.

Neil

<< ================================================== ===== > << 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. > << ================================================== ===== >
 

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amended, oic
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