March 10, 2009
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Today TaxMama hears from Susan in Montana, with this problem. “The government issued us a stimulus check. But we never really got any money because the IRS used it to pay back taxes. Now, when I enter it on my tax return, it increases the amount I owe. Should I really be entering an amount [...]
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March 2, 2009
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Today TaxMama hears from Jeff in Massachusetts, who tells us. “I just received a notice from the IRS for 2007 claiming I owe $35,000 in additional taxes. After picking myself up off the floor, I looked at my 2007 return and realized my mistake was failing to file a schedule D showing that the gain [...]
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