I got a letter this week saying I owe the IRS $14,000. Decided to file anyway. Will I even get a return?

Question

The tax professional says I will still get my Refund including my EIC. But was this just something he was telling me to get the sale?

I Expect the IRS to take my entire return and put it towards what I owe.

The amount owed is still in question and I sent in the paperwork saying that I disagree with the amount. Would this cause them to give me my refund?

Chances are I am going to have to owe them something. Just not what they said I owe. Either way the money is going to pay it off. But it would be nice to know if I should even check the account I put the direct deposit into.

Will · Accepted Answer

They will take it from your return. If that isn't enough and they don't agree that you owe then less, they will just take it from any other accounts you have after a certain period of time.
The IRS can do pretty much anything it wants to get money they say you owe, but good luck!

Pat · Answer

Please read this part carefully. A lot of people get this wrong.
Your TAX RETURN is the set of forms that you file with the IRS.
The money you get back is called your TAX REFUND.
They are not the same thing.

Understanding Your Income Tax Return
Our Schools Need to Teach This Stuff.
As Americans tackle the annual tax-filing ritual, millions will panic. It’s confusing. Many don’t understand it. Some are afraid of it. Relax. Just slow down and read the forms, one line at a time. It’s easier than you think.
Read More ….
http://voices.yahoo.com/understanding-income-tax-return-12510246.html?cat=17

tro · Answer

as long as you protested and showed that their calculations were incorrect it is very possible your 2013 refund will not be offset

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I got a letter this week saying I owe the IRS $14,000. Decided to file anyway. Will I even get a return?

3 Answers