- This topic has 11 replies, 2 voices, and was last updated 5 years ago by .
-
-
If you have 151 “take action” it usually means an offset.
If you have 151 but DON’T have “take action” that means you’re being audited for things you claimed such as head of household, earned income credit, dependent credits, etc…
You’ll be asked to send in proof of residency. Proof you took care of the dependents. They’ll want receipts, utility bills, you name it…
You have 30 days to send in the proof they’re asking for. If you don’t have the proof, you can do nothing and not respond to the letter they send you.
If you don’t respond, they’re going to then send you a series of “30 day” letters. The last letter you receive will inform you that the credits that you claimed will be “disallowed” if they disallow credits, it means you won’t be able to claim those credits again (even if you do become eligible) for – 2 years if they find you mistakenly filed those credits and 10 years if they find you maliciously and fraudulently filed those credits.
If they disallow your credits, they will penalize you. You will have to pay fees. You’ll also have to pay taxes and interest on top of those fees.
Lastly, I talked to a tax examiner at the irs office and she told me that they were 6 months behind. She said they are working on tax audits from September 2019. She said that whenever you send in your proof, add 6 months to it. That’ll be a good indication of when (and if) you’ll get your refund.
- The forum ‘2020 Tax Season’ is closed to new topics and replies.