IRS website

Doug Wi

Member
Was looking on the website for info just now and ran across something that might be important to some of you. They say they can't accept a check or even a certified check for over 100 million. So if you owe more than that make sure you mail two checks on separate days. Wouldn't want the gov to investigate you.
 
I think I can find enough deductions to keep my tax less than one million. Fact is I may not need to cheat
 
I recently ordered the new 1040 instructions--got a post card saying they are not complete yet!!
 
I'm planning to call the tax preparer tonight. Mine's due March 1 since I don't file quarterly. I'm wondering if she'll be able to download the program and get it done? We didn't make it in until the last day last year.
 
"[b:654c4848f0][i:654c4848f0]they can't accept a check or even a certified check[/i:654c4848f0][/b:654c4848f0]"

That's why we use PayPal.
 
I was just about to mail the check. But I found out that I don't have a stamp and can't afford to buy a new one. Checkbook is empty.
 
The new 1040 instructions are up online, I used them already. I mailed my return in today, I hope it is satisfactory.
Zach
 
Yea, sheez, I might have to break the farm up into different entities under my and wife?s names, so we don?t keep bumping into that limit!

Funny stuff.

Paul
 
Was just looking for an address to mail the return to. They want you to do everything electronicly, but I'm old school and like paper. Finally found the address, but took abit of looking.
 
I think I will just print the 1040 instructions. Good reading for the winter and only 471 pages. I worked on mine today, just about finished. My main only complaint is that my state income tax is more than half of my federal tax. I'm gonna re-check some figures.
 
Yeah, reminds me of one of the times that I quit raising hogs...bank complaining about cashing a too big check! I always thought that if I could wedge it through the door, that they could cash it.....maybe Dec 1998 was the final straw when hogs were 8 cents? Rats, another lost opportunity?
 
I supposed to file quartiles , till I found out years ago to keep my money all year and pay the huge penalty 10.00 a quarter , I make more then that in my tax account
 
(quoted from post at 00:30:45 02/07/19)
I would love to pay $1,000,000 in income taxes.

Ozlander we will allow you to pay our combined members taxes up to $1,000,000, but no more than that as we do not want to take advantage of your generous offer to us.
 
No penalty for farmers who don't file quarterly as long as you file and pay by March 1. Only reason to file quarterly would be to spread out the pain.
 
I called Dee. I asked her if she was going to be able to have it done by March 1. She said it shouldn't be a problem. Apparently she has the program or has faith that she'll have it in time.
 
(quoted from post at 08:15:35 02/07/19)
(quoted from post at 00:30:45 02/07/19)
I would love to pay $1,000,000 in income taxes.

Ozlander we will allow you to pay our combined members taxes up to $1,000,000, but no more than that as we do not want to take advantage of your generous offer to us.

I could do that if I also had the profits that created the taxes.
 

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