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Started By
Message
So the tax lady messed up my return....What should I do?
Posted on 2/7/12 at 1:09 pm
Posted on 2/7/12 at 1:09 pm
Long story short:
Went in and did my taxes yesterday, she added the "American opportunity tax credit" due to I was in school this year. with the credit being added, it increased my return by a couple hundred dollars.
She filed it electronically.
she called me today saying that she did research into the credit and said that I cant use it, due to the fact that im past my 4 years in college. and that I have to come back in so that they can do an amendment..
She said that im still gonna get my return for the amount with the credit, but amendments wont be looked at by the IRS until April?
so it looks like I might have to pay some money back from my return to the IRS once they see the amendment.
im not a tax expert, but does this sound right?
Went in and did my taxes yesterday, she added the "American opportunity tax credit" due to I was in school this year. with the credit being added, it increased my return by a couple hundred dollars.
She filed it electronically.
she called me today saying that she did research into the credit and said that I cant use it, due to the fact that im past my 4 years in college. and that I have to come back in so that they can do an amendment..
She said that im still gonna get my return for the amount with the credit, but amendments wont be looked at by the IRS until April?
so it looks like I might have to pay some money back from my return to the IRS once they see the amendment.
im not a tax expert, but does this sound right?
This post was edited on 2/7/12 at 1:14 pm
6
Posted on 2/7/12 at 1:15 pm to Modern
I'm not a tax expert either, but this sounds right
Once you file, you can't rescind it, only amend it
Once you file, you can't rescind it, only amend it
Posted on 2/7/12 at 1:19 pm to Modern
What does she mean by past your 4 years of college? To take this credit, you can not have claimed this one or the others for more than 4 yrs. If you haven't claimed education credits before, you are good.
Posted on 2/7/12 at 1:38 pm to Modern
at least you found out now and not 2 years from now and have to pay interest and penalties.
Posted on 2/7/12 at 2:04 pm to Modern
you go to Liberty Tax or something like that?
Posted on 2/8/12 at 1:53 pm to Modern
tell her she's fired
Posted on 2/8/12 at 2:29 pm to Modern
quote:
she called me today saying that she did research into the credit and said that I cant use it, due to the fact that im past my 4 years in college
The American Opportunity Credit has only been available since 08.
quote:
I have to come back in so that they can do an amendment..
Screw that, you wont get a letter.
Also when you fill out the "Qualified Expenses: Course Materials required to be purchased or not" section, you can put up to $4000 in expenses, They won't know
IRS cant track fraud apparently
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