Current Events > Part 2: Oh shit, I got audited by the IRS for $8000.

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IdiotMachine 04/25/23 1:09:58 PM #1:	Lawyer called me and said at face value, if everything I said is true (money I took out = money I contributed into Roth IRA and none of it is earned from investments), I will owe no additional taxes. She said there might be some penalties of $50/tax year I failed to report this on my tax return though (like the fact that I contributed x to Roth and took out x). She also noted the IRS is severely backlogged, and after she responds, itll take 6-12 months for the IRS to review and respond. Yay! --- https://i.imgur.com/XNEdLrJ.png <cite>IdiotMachine posted [p:973066923] in Part 2: Oh... [t:80423529]...</cite> <quote>Lawyer called me and said at face value, if everything I said is true (money I took out = money I contributed into Roth IRA and none of it is earned from investments), I will owe no additional taxes. She said there might be some penalties of $50/tax year I failed to report this on my tax return though (like the fact that I contributed x to Roth and took out x).She also noted the IRS is severely backlogged, and after she responds, itll take 6-12 months for the IRS to review and respond.Yay!</quote> ... Copied to Clipboard!
Cocytus 04/25/23 1:12:53 PM #2:	Dang --- Is this reverse psychology? And if I ask, will you lie to me? <cite>Cocytus posted [p:973066979] in Part 2: Oh... [t:80423529]...</cite> <quote>Dang</quote> ... Copied to Clipboard!
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