Quote:
Originally Posted by blueash
If we properly funded the IRS with enough representatives and agents to do the job with which they are tasked... but that is another topic.. 1444C is an informational letter telling you what the IRS did about giving you money because of the impact of Covid. You are required to report what you received whether or not you get the letter in a timely fashion. You do not "submit" the letter, you use it to correctly report your income.
So if you know what you received, you need not await the letter or wait your turn to speak with an overworked IRS phone person.
I know nothing about tax law, nothing. My answer is based 100% on Google. Use at your own risk.
|
If we had flat tax system with NO exemptions there would be no need for IRS. CPAs or tax lawyers. But, wait the rich would have to pay there fare share then.