Ask TaxMama.Com Tax Information With A Mother's Touch Published by Eva Rosenberg, MBA, EA Volume 6, Issue 254        April 9, 2004

Things to Do or  Know in April Child Tax Credit Error Early Withdrawal Penalty Accepting Credit Cards, Checks or Payments, Online II   Extensions of Time to File Your Tax Return New! File by Phone! Shoot Off Your Mouth Where It Counts   The Frog Prince   E-Mail  This Page To A Friend Your email: Your name: TO email:

Child Tax Credit Error This week, we stumbled across a big IRS boo-boo. If you were using the information on their website to look up the amount of your Advance Child tax credit, it may have been wrong. We just got the first notice, this week, on an e-filed return. IRS held back $400 from the refund due to an unreported refund. We printed out IRS report from their website before preparing the return. It showed $400.00. After the return was filed, IRS took another $400. When we go their website now, it shows $800. I printed out the form on another client on 03/27/04. It showed -0-. She told me that she had received a check. Yesterday (04/08/04), IRS's website says she got $400.00 IRS has been alerted. But if you're getting a notice, you'll know why. When I spoke to IRS yesterday, they couldn't tell me if the original information was correct, or the current data. For tips on what to do ... read todays article Burning questions - As time runs out, queries get more pointed Eva Rosenberg Your TaxMama

TaxMama's Other Sites TaxMama's Secrets The Help Desk PhotoMasterpieces I-Laugh

Library of Congress -  ISSN 1532-0790 Copyright © 2000-2007 - Eva Rosenberg

Subscribe | Ask TaxMama ~ Send Her Your Questions | Site Search Home | This Week's Issue | Articles by TaxMama | For Tax Pros Investment Secrets | IRS News | Smart Tax Moves | Critical Dates Using Money Wisely | Money Funnies & Inspiration | Because We Care About TaxMama | Our Privacy Policy | Legalese and Disclaimer | Press Page

Site design by Serenata Design.