Sadly, we've just been contacted by the IRS about our return from 2019.
We looked into what the letter said, and it looks like they are right. We did not report income from a stock sale from Lisa's last employer. In part because the outfit the employer used to do the transactions only sent the tax forms to her work email, which didn't exist by the time they sent it. (Or perhaps did exist but was disabled? Don't know how they handle that stuff.)
We should have caught that but we didn't. Now we owe a significant chunk of change, plus the inevitable interest and penalties.
Lisa was able to get ahold of the forms, and we forwarded them to our accountant, who will be putting together an "I'm very sorry, this is how it happened, it was not intentional, please don't hurt us" letter.
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We looked into what the letter said, and it looks like they are right. We did not report income from a stock sale from Lisa's last employer. In part because the outfit the employer used to do the transactions only sent the tax forms to her work email, which didn't exist by the time they sent it. (Or perhaps did exist but was disabled? Don't know how they handle that stuff.)
We should have caught that but we didn't. Now we owe a significant chunk of change, plus the inevitable interest and penalties.
Lisa was able to get ahold of the forms, and we forwarded them to our accountant, who will be putting together an "I'm very sorry, this is how it happened, it was not intentional, please don't hurt us" letter.