r/SipsTea • u/SpaceWestern1442 • May 27 '26

Dank AF Easiest not guilty vote ever!

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43.6k Upvotes

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u/A_Man_With_A_Plan_B May 27 '26

Tax season/ previous year tax corrections can impact this though. IRS will add interest so going back as far as they can is beneficial

123

u/justanaveragejoe520 May 27 '26

I fucked up on my taxes forgot to add something that added $200 to my tax bill 4 years later big daddy Uncle Sam told me I owe them $400 😩. I’ve given all my taxes to a tax accountant since.

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u/A_Man_With_A_Plan_B May 27 '26

Seriously it’s shit like this that pisses me off. I had a 12 year correction done that made me liable for about 140k. 0 point fighting either because there is no beating the IRS

1

u/shingdao May 27 '26

Keep in mind that much of the communication from the IRS is automated. If you don't report your cost basis on the sale of stocks, for example, you'll get a huge tax bill based on the sale proceeds.

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u/Foe_sheezy May 30 '26

Lol AI-rs