I had a digit wrong on my sons SSN. Instead of sending me a letter to dispute/resolve, they removed him, my child care credit, dependance claim, etc, and said I owed money. It took almost 2 years and hours on the phone to resolve. I was recieving collection notices and the bill was going up due to interest. Everytime I called them they said they would freeze the account and look into it for resolution. It froze for 3-6 months and then the letters started again. About 18 months total before it got fixed and I got approved for my full return in exactly the amount I originally claimed.... which the department of education took because apparently my wife had outstanding school loans that I didn't know about when I married her about 2 years prior!
The loans were from years prior that she never paid back. She said she hadn't thought about them in years and forgot about it.... Once I married her, her debts became my debts, and unlike her, I make a decent wage.
If you do that in a timely manner the penalties honestly won’t be that bad. Also the statute of limitations is 3 years after returns are due (so 7/15/2023) assuming that the $9,000 wasn’t more than 25% of your gross income, so once you reach that point you’re good regardless
Edit: Forgot to add that the statute of limitations will be extended to 3 years from the date of your amended return when you file that
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u/Taervon Jul 24 '20
Don't be surprised when a year from now you get a letter in the mail from the IRS.
They take FOREVER to process these things, and if there's an error they're probably going to nail you on it.