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Updated almost 11 years ago,

User Stats

481
Posts
189
Votes
Huy N.
  • Houston, TX
189
Votes |
481
Posts

tax bill from the IRS..help

Huy N.
  • Houston, TX
Posted

Hi fellow investors,

This is not related to real estate. However, i received a tax bill from the IRS in the mail yesterday because i had some unreported W2 and retirement income back in 2012, and i actually do.

When i moved from the old job i took out the retirement money. it was taxed already so i thought i don't have to report it again. my old employer also sent me a W2 for a month which went to the old address and i never received it.

Now i am facing the tax bill of 3200$, including penalty and interested. Is there anyway i can call the IRS to tell them this is an honest mistake and ask them to lower the bill? Has anyone failed into this situation before?

Any advice will be much appreciated!

Thank you

Huy

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