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post #1 of 15 Old September 12th, 2013, 07:09 PM Thread Starter
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IRS mess

Long story short, my brother in law who is 24 called the other day and asked me to look at his taxes. He said he got a certified letter stating he owes $740 from a tax year 6 years ago. I went to see him today and look at this letter.

This shit is nuts. He got a credit card when he was 18 and didnt pay it. Whatever, should have paid it but I know what happened to him personally at the end of that year which I dont care to discuss nor does it really matter. Point is he let the account go to collections. He hasnt heard anything of it until last week when he gets this letter from the IRS. It states that since he didnt pay the credit card off, they are charging him as if it was "unreported income" with all the fines and fee's one would expect.

6 fucking years later the IRS is taxing him on a privately held bad debt. IMO, this is some of the US Governments fucking business. To make it more aggravating, they are charging tax on the entire amount charged off. His actual credit line was only a fraction of the debt because the credit card company basically doubled the amount with fees and late charges. How the fuck does the IRS figure that a " late charge and fee" creates income that should be taxed.

The stupid assholes wonder why people hate them and go ape shit. I have no problem with someone being asked to pay a fair share but this is plain evil. After 6 years just toss this shit at someone. Screw the IRS and all their partying stupid asses. They need my brothers few bucks to have another party. Bunch of asshole no it all nerds.

Meanwhile...until he can take time out of work to go hire and accountant and square it away...then save money to pay it...the late fee keeps piling up.

I am starting to think it is pointless to try and get ahead in this country. Better off not working at all and being PAID to sit on your ass and not worry about getting screwed by others.

Hey... knock a self a pro, Slick! That gray matter backlot perform us DOWN, I take TCB-in', man! Hey, you know what they say: See a broad to get dat booty yak 'em... leg 'er down a smack 'em yak 'em! COL' got to be! Y'know? Sheeeet.
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post #2 of 15 Old September 12th, 2013, 07:26 PM
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The IRS is a friken mess! I cannot stand the IRS and how they dont even have their own shit together, yet the have the authority to really screw up your life if they want to.

That said. I still owe the state 20 bucks for state taxes. I would send them a Jackson, however they never even told me where to send the money to. So what do I do? Scrawl "Michigan" in crayon on an envelope with a 20 in it, throw a stamp on it and drop it in the mail box?

If you want your money, at least tell me where to fucking send it!
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post #3 of 15 Old September 12th, 2013, 07:35 PM Thread Starter
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The IRS is a friken mess! I cannot stand the IRS and how they dont even have their own shit together, yet the have the authority to really screw up your life if they want to.

That said. I still owe the state 20 bucks for state taxes. I would send them a Jackson, however they never even told me where to send the money to. So what do I do? Scrawl "Michigan" in crayon on an envelope with a 20 in it, throw a stamp on it and drop it in the mail box?

If you want your money, at least tell me where to fucking send it!
lol. Arrogance! Thats the way I see it.

I owed city tax to Toledo a very long time ago. I called to set up arrangements or something. After a 10 minute conversation with this lady about the city, the mayor etc, hse literally "destroyed" the record containing the info that I owed. she said "dont worry, its gone forever". I never heard anything about the bill again. I guess today its probably not so easy for them to act like that. Either way, its really unfair...why could someone delete what I owed and yet someone else had to pay? Its so fucked up. It was like $400.

Hey... knock a self a pro, Slick! That gray matter backlot perform us DOWN, I take TCB-in', man! Hey, you know what they say: See a broad to get dat booty yak 'em... leg 'er down a smack 'em yak 'em! COL' got to be! Y'know? Sheeeet.
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post #4 of 15 Old September 12th, 2013, 09:07 PM
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Oh wow. Thats more than 20 bucks lol.

I dont understand it either man. What really gets me is that Apple was found to have not paid hundreds of millions of dollars in taxes they owed the government. And thats just one of the big players that have not paid their dues are are behind MILLIONS! The IRS does NOTHING. Yet when someone falls behind on paying taxes that owns a small family business that makes just enough for their family to get by they will take them for everything they own, garnish their wages and have them living in rags if thats what it takes to get them to pay that 10 grand that they owe.

Its crazy how there can be such a large double standard.
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post #5 of 15 Old September 12th, 2013, 09:16 PM
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Looks like it is taxable.

For instance, you have a $1,000 CC bill and pay $400 in a settlement of the debt. The IRS considers the $600 income now.

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post #6 of 15 Old September 12th, 2013, 09:32 PM
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i always wind up owing them some money at the end of the year.... last year i let it go unchecked and they nailed my credit report for 220.... paid that shit instantly when i saw it....

i still owe them 6 hundred and change from 2012... need to call them and tell them they'll get there money in like 4 months.....

IRS charges like 4% interest compared to some of my credit cards that are in the 11 or plus %


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post #7 of 15 Old September 12th, 2013, 10:44 PM
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Originally Posted by G.T. Rags View Post
i always wind up owing them some money at the end of the year.... last year i let it go unchecked and they nailed my credit report for 220.... paid that shit instantly when i saw it....

i still owe them 6 hundred and change from 2012... need to call them and tell them they'll get there money in like 4 months.....

IRS charges like 4% interest compared to some of my credit cards that are in the 11 or plus %
Owing isn't a bad thing at all. I set it up so I owe every year at tax time. I do this so I can keep my money throughout the year and invested so I make interest on it instead of overpaying out of each paycheck and letting the government.
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post #8 of 15 Old September 13th, 2013, 01:15 AM
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Owing isn't a bad thing at all. I set it up so I owe every year at tax time. I do this so I can keep my money throughout the year and invested so I make interest on it instead of overpaying out of each paycheck and letting the government.
Exactly right. I just put away what I know I'll need for taxes as the year goes on.
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post #9 of 15 Old September 13th, 2013, 10:32 AM Thread Starter
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Im just boggled by the fact that they consider a "late fee" taxable income. A late fee is never cash in hand...you cant "spend" a late fee. What lobbyist got into the pockets of the law makers?

Hey... knock a self a pro, Slick! That gray matter backlot perform us DOWN, I take TCB-in', man! Hey, you know what they say: See a broad to get dat booty yak 'em... leg 'er down a smack 'em yak 'em! COL' got to be! Y'know? Sheeeet.
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post #10 of 15 Old September 13th, 2013, 04:24 PM
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Im just boggled by the fact that they consider a "late fee" taxable income. A late fee is never cash in hand...you cant "spend" a late fee. What lobbyist got into the pockets of the law makers?
Confess, your brother is a tea bagger, and the unpaid credit charges were for "Hope and Change" bumper stickers.....
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post #11 of 15 Old September 13th, 2013, 05:21 PM
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Confess, your brother is a tea bagger, and the unpaid credit charges were for "Hope and Change" bumper stickers.....

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post #12 of 15 Old September 13th, 2013, 08:34 PM
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If everyone had to pay a set flat tax based off of their year end income, there would be no need for the IRS to be the size that it is... Thus saving money. Weird.

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post #13 of 15 Old September 13th, 2013, 08:48 PM Thread Starter
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Confess, your brother is a tea bagger, and the unpaid credit charges were for "Hope and Change" bumper stickers.....
I dont know his political stance (doubt the boy has one) but what I do know is he is a pot smokin hiippe....but at least he is functioning and works every day. he's not a trouble maker for the most part. Id rather see him smoking pot because when he drinks hes an asshole.

Hey... knock a self a pro, Slick! That gray matter backlot perform us DOWN, I take TCB-in', man! Hey, you know what they say: See a broad to get dat booty yak 'em... leg 'er down a smack 'em yak 'em! COL' got to be! Y'know? Sheeeet.
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post #14 of 15 Old September 13th, 2013, 11:40 PM
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If everyone had to pay a set flat tax based off of their year end income, there would be no need for the IRS to be the size that it is... Thus saving money. Weird.
I wish no taxes were paid until the end of each tax year so people would see just how much of their earnings go to taxes.

The way they pick it out of your check now each payday and as you buy items makes you kind of blind to just how much they're getting from your labor.

I like how this guy paid his property taxes.


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post #15 of 15 Old September 14th, 2013, 12:46 AM
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I wish no taxes were paid until the end of each tax year so people would see just how much of their earnings go to taxes.

The way they pick it out of your check now each payday and as you buy items makes you kind of blind to just how much they're getting from your labor.

I like how this guy paid his property taxes.

PA Man Pays Property Taxes in $7143 One Dollar Bills - YouTube
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