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re: Just got IRS letter - update

Posted on 4/29/24 at 4:44 pm to
Posted by BBONDS25
Member since Mar 2008
48781 posts
Posted on 4/29/24 at 4:44 pm to
quote:

We do well but not over 400k, barely 300 - standard deduction. Wife and I are straight W2 employees. Theres nothing to look at, I guess the 80 bazillion new IRS employees need something to do.


Did you itemize? Get aggressive on charitable deductions? If not, I cannot understand why you would get audited. Just a complete waste of money be the service.
Posted by Strannix
District 11
Member since Dec 2012
49075 posts
Posted on 4/29/24 at 4:46 pm to
quote:

Did you itemize? Get aggressive on charitable deductions?


Nothing, standard deduction. We arent the Clinton's lol
Posted by SuperOcean
Member since Jun 2022
3315 posts
Posted on 4/29/24 at 8:05 pm to
quote:

Just a complete waste of money be the service.


They aren't going to find it in the upper 1% taxes. That was a straight up lie. Attorneys and tax specialist have will push the limits of tax loopholes but not jeopardize their clients reputation or freedom... And even if that line is crossed, there's a long litigation priocess. The 150 to 600k is where the new IRS agents are going to live
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57423 posts
Posted on 4/29/24 at 10:03 pm to
quote:

Did you itemize?


quote:

standard deduction


I would say "no." He took the standard deduction.

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