Search found 245 matches
- Sun Sep 09, 2012 1:09 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
Hi zad - Try the regular number for the INternational office which is probably on your letter. Call during business hours in the Eastern time zone - my limited experience has been that I get better results then. (There is sometimes a delay, but most of the time they answer pretty quickly.) Then pres...
- Sat Sep 08, 2012 3:05 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
Hi zad - I had some more news on my situation but wanted to wait until I had a final resolution before posting again. Again, I received 4 (now 5) letters indicating that there would be a $10k penalty assessed. I called the IRS and spoke with a helpful person who said she'd investigate it; the next d...
- Sat Aug 25, 2012 8:52 am
- Forum: Canada / United States Tax & Accounting
- Topic: Penalty on late 3520 assessed inaccurately despite OK reason
- Replies: 11
- Views: 14015
- Sat Aug 25, 2012 8:49 am
- Forum: Canada / United States Tax & Accounting
- Topic: Penalty on late 3520 assessed inaccurately despite OK reason
- Replies: 11
- Views: 14015
Well, maybe I can put this matter to rest. I spoke again with the IRS agent I spoke to on Thursday, and in fact the penalties have been reversed. Whew! I'm not sure what to take away from this story; perhaps the moral is that the letters should be taken seriously but also with a grain of salt. Perha...
- Thu Aug 23, 2012 8:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Penalty on late 3520 assessed inaccurately despite OK reason
- Replies: 11
- Views: 14015
THanks everyone for your replies! Graubart - Yes, that was where I initially sent the forms, as well as the first revision. It seems that after that revision the forms were transferred to the Philadephia office, and then the requests for explanations were lost in the transfer. Mach7 - Yes, I think y...
- Wed Aug 22, 2012 7:47 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Penalty on late 3520 assessed inaccurately despite OK reason
- Replies: 11
- Views: 14015
Penalty on late 3520 assessed inaccurately despite OK reason
Hi all - I submitted Forms 3520/3520A last summer prior to the September deadline. I sent in forms for prior years, after learning that they were required. I made the September deadline, and did not owe any taxes from these Forms - I simply didn't know they existed, and I filed them late. There were...
- Wed Jul 25, 2012 8:55 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
Just an update - I phoned the IRS today and spoke with a very reasonable agent who said that the letters may be related to information that was sent in by me but not yet processed. It was heartening speaking with someone who provided good solid assistance, and to help make sense of the letters. She ...
- Tue Jul 24, 2012 7:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
Primo - that is good news indeed about the resolution of those 3520/3520A's! I have a different problem. I have received numerous letters requesting explanations for my late forms. I have sent these in; however, I am now getting letters again requesting explanations - which I sent in early June (wit...
- Sun Jul 08, 2012 10:56 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Taking stab at 3520, -A for TFSA
- Replies: 157
- Views: 216986
- Thu Jun 21, 2012 9:31 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
- Tue Jun 12, 2012 9:48 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
So, it seems that there is a group of us in more or less the same situation. Perhaps it's worth taking a step back; as far as I know, I have not seen a single person with a penalty for late filing of these - and I think that's been consistent with the guidance on this board. While these letters are ...
- Tue Jun 12, 2012 12:44 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
I'm not sure, but I think you would file a 1040x if you had not previously claimed all your income from your 3520-A. I'm not sure what the 'promise to pay' statement involves, though. Maybe they are talking about income you didn't claim from the 3520-A which you are now supposed to pay tax on? Just ...
- Thu Jun 07, 2012 12:50 am
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
Well, the main help I got came from a specific agent they gave to me in my letter. What I took away from the call was along the lines of 'describe the situation in your letter and don't worry too much about it'. This was heartening though I will stop worrying when I get a letter saying I am OK! The ...
- Wed Jun 06, 2012 11:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Help - IRS letter indicating penalty for late 3520
- Replies: 107
- Views: 195147
As a resolution (for now) of this, I have sent my response letter, along with the IRS letters I've received. I felt I got good advice with the IRS agent and hope that this issue will be resolved. I will post an update when I hear back, which will likely be in a couple of months. Thanks to respondent...
- Wed Jun 06, 2012 11:12 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Telephone numbers if using a courier to send mail to the IRS
- Replies: 1
- Views: 2571
Telephone numbers if using a courier to send mail to the IRS
HI everyone - I have had diffciulty finding the proper phone number to use when sending a package from Canada to the IRS. I came across this nice list in the IRS Manual while looking for something else: ----------------- 21.8.2.1.3.1 (09-09-2011) Telephone Numbers for Courier Service Mailing These p...