I owe what? From 2001 The IRS is nuts.
By sharone74
@sharone74 (4837)
United States
October 5, 2007 11:31am CST
I am currently a student, I work from home, and I started my business in 2001. I just got a letter yesterday from the IRS saying that I owe them almost $6000 from 2001 from a job that I made an average of $800-1200 per month up til November. I made less than $10000 total so I didn't even have to file. Now they think that I owe them over half of that in back taxes. This is insane! I don't know what I'm gonna do, but now it is imperative that I make some extra money. And a lot more than I am making here on myLot for extra poscket change! What do you suggest ido?
1 person likes this
3 responses
@mfpsassy (2827)
• United States
5 Oct 07
With making $10000 there is only one reason you would not have had to file taxes. Someone else you claim you on thier taxes. Why would you not file taxes anyway if that was all you earned in 2001. You could hace gotten tax deductions for that and depending on your age the earned income credit. $6000 does seem a little steep but who knows. Double check that letter and make sure it's legite. Check the IRS website for anyscams that are going around.
I would suggest looking in everyone's profiles and see what sites they belong to.
@sedel1027 (17846)
• Cupertino, California
5 Oct 07
First off, what made you think that if you made less than $10K that you didn't have to file (you have to file taxes on anything about $600)? If you made $10K roughly 40% should have gone to taxes.
I can easily see where they got the $6K number - Taxes + interest + late fees.
