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Level 1
October 10, 2023
Question

I have received a letter from the IRS stating that I owe them $156,999. This is all from the sale of our house. I must have filled something out on my taxes wrong.

  • October 10, 2023
  • 2 replies
  • 8 views
I know that I followed all of the step by step for questions with Turbo tax. I know I posted that we sold a house, and we were within the means of not having to pay, as our house wasn't that much.

2 replies

Level 15
October 10, 2023

I'll page @Critter-3 

rjs
Level 15
Level 15
October 10, 2023

Considering the amount of money that the IRS says you owe, you can't afford to make a mistake dealing with this or miss a deadline for responding. The situation could get a lot worse if you don't handle it properly. I suggest that you go immediately to a local tax professional. You don't want someone who just prepares tax returns. You need someone who has experience representing taxpayers in dealing with IRS problems. Whatever you have to pay the tax pro will be well worth it.