I Collect Water Service Excise Tax What Do I Need To Do
Nothing will change for your water service excise tax permit or the water service excise tax return. You will file your water service excise tax return on either a monthly or annual basis based on your total sales and use tax and water service excise tax collected per year. This means if you collect $1,200 or more in sales, use, or water service excise tax in a calendar year, you must file your water service excise tax return and pay that tax monthly.
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Wait I Still Need Help
The Taxpayer Advocate Service is an independent organization within the IRS that helps taxpayers and protects taxpayers rights. We can offer you help if your tax problem is causing a financial difficulty, youve tried and been unable to resolve your issue with the IRS, or you believe an IRS system, process, or procedure just isnt working as it should. If you qualify for our assistance, which is always free, we will do everything possible to help you.
Visit www.taxpayeradvocate.irs.gov or call 1-877-777-4778.
Low Income Taxpayer Clinics are independent from the IRS and TAS. LITCs represent individuals whose income is below a certain level and who need to resolve tax problems with the IRS. LITCs can represent taxpayers in audits, appeals, and tax collection disputes before the IRS and in court. In addition, LITCs can provide information about taxpayer rights and responsibilities in different languages for individuals who speak English as a second language. Services are offered for free or a small fee. For more information or to find an LITC near you, see the LITC page on the TAS website or Publication 4134, Low Income Taxpayer Clinic List.
What To Do If You File Your Taxes Twice
If you filed taxes twice, the IRS will only accept the first one. You will probably receive an error code about the second one that explains why it got rejected.
Zacks.com suggests checking the information on your return if you dont think that you actually filed twice .
If you think someone else has fraudulently used your Social Security Number, you need to take immediate action by speaking to the IRS and checking with the FTC for other steps. The process of investigating potential tax identity theft can take about 180 days.
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Looking For Additional Amendment Opportunities
If you find an error that causes you to owe more taxes, file an amended return and pay the additional taxes as soon as possible to avoid additional interest and penalties from accruing. For example, say you find a mistake that means you owe an extra $2,000 in taxes. If youre filing the amended return one year after it was due, you also owe a years worth of interest. However, if you act quickly enough and submit the amended return before your filing deadline, you wont owe any interest because its considered to be filed on time.
For example, suppose you filed your original return in February, but realized your mistake and filed the amended return before April 15. Since you amended and paid before your filing deadline, you wont owe any interest or penalties. Even if your amended return is processed first, the original return will eventually get processed, too, and when the IRS sorts it out you will have minimized your liability for interest and penalties because you filed the amended return sooner rather than later.
How Could I Accidentally Pay My Estimated Taxes Twice
The reason why I accidentally paid my taxes twice is because of new software and user error. If you do your taxes manually, you will likely never experience accidentally paying your taxes twice.
This year, as Ive always done since 2002, I decided to do my own taxes online. Tax software makes filing easier. And after 20 years of experience, you get pretty good at it.
I like understanding the latest tax laws so I can better optimize my tax liability. I also like feeling the pain of paying taxes which helps determine how much I should work over the next 12 months.
Every time I do my own taxes, I also estimate my future passive income investments over the next 12 months. The bigger your investment portfolio, the more you need to stay on top of your investment income and distributions to manage your tax liability.
Finally, when over half of working Americans dont pay federal income taxes, it feels good to help your fellow citizens. At the same time, the more taxes you pay above a certain reasonable threshold, the more you want to take it easy. My reasonable threshold is a 25% effective tax rate.
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Dealing With Identity Theft
If your tax return is rejected because a return for the same tax year with your Social Security number has already been received by the IRS, you may be the victim of identity theft. What this means is that someone else has filed a return using your name and number. Unfortunately, once a return has been filed, even if it’s fraudulent, you will have to file your tax return by mail. You will also need to fill out and include IRS Form 14039 Identity Theft Affidavit. This allows the IRS to properly file your income tax return and investigate the fraudulent return.
The Canada Revenue Agency
We permit only approved participants to electronically file income tax returns.
Personal and financial information must be transmitted to us in an encrypted format. Encryption is a way of encoding information before it is transmitted over the Internet. This ensures that no unauthorized party can alter or view the data.
We also ensure that all personal and financial information is stored securely in our computers. We use state-of-the-art encryption technology and sophisticated security techniques to protect this site at all times.
We have made every possible effort to ensure the safety and integrity of transactions on our Web site. However, the Internet is a public network and, as a result, is outside our control.
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How Tax Overpayment Is Treated According To The Irs
After waiting for one hour to get through to someone, an unenthusiastic woman on the other end greeted me. I told her the situation and she said that any tax overpayment to the IRS would get refunded within six weeks after the IRS accepts your tax filing. Once you file online, it takes a couple days for the IRS to accept your tax filing even if you get an e-mail notification saying it has.
I asked the IRS agent whether the IRS had my bank info so I could receive a credit electronically. She said yes. After all, the IRS received my estimated tax payment electronically.
However, what ended up happening is that I got both my California state tax refund and federal tax refund in the mail. The California state tax refund came two weeks after I filed my taxes. The federal state tax refund came three weeks later.
Therefore, always make sure to have the proper mailing address when filing your taxes. Dont just put some random mailing address because you dont want the IRS to know where you live or work.
Answers To Frequently Asked Questions
Refunds
How do I check the status of my New Jersey Income Tax refund?
You can get information about your New Jersey Income Tax refund online or by phone.
- Phone Inquiry: or 609-826-4400 . This service is available 7 days a week . You will need the Social Security number that was listed first on your return and the amount of the refund requested when you call.
The State of New Jersey issued me a check that was lost, stolen or destroyed, or that cant be cashed because the cash by date has passed. How do I get a replacement?
Old Checks. If you have the check, send it along with a letter requesting a replacement check to the New Jersey Division of Taxation at the address below. Do not write the word void anywhere on the check. Keep a copy of the check for your records.
NJ Division of Taxation PO Box 266 Trenton NJ 08695-0266
If you do not want to use the mail, you can return the check to one of our Regional Information Centers.
Lost, Stolen, or Destroyed Checks. If you do not receive your check within 30 days of the date the check was issued, or if you received a check that was lost, stolen, or destroyed, you can request a replacement check. Call the Customer Service Center at and speak to a Division Representative. The Division will trace the check.
Filing
I received only one State copy of my W-2, and I have more than one state return to file. What should I do?
New Jersey will accept a photocopy of your W-2 form, as long as the copy is legible.
Income Taxability
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Avoid Paying Taxes Twice On Retirement Funds
Not adjusting the tax basis of retirement funds can lead to tax being paid twice on money from IRA accounts. This can happen when after-tax amounts are deposited into an IRA, distributions are made that include after-tax dollars or 401 accounts that contain after-tax money are rolled over into IRAs.
It is up to the taxpayer to keep track of their IRA account tax basis, and they can do this by attaching a Form 8606 to their tax return. This is the form the IRS uses adjust the tax basis of an IRA to reflect after-tax deposits and withdrawals.
What Happens If I File My Taxes Twice
Asked by: Mckenzie Marvin
If you attempt to file your return twice, the IRS will reject the return and return it with an error code and explanation. The IRS typically uses error code 0515 or IND-515 to inform the sender that the taxpayer already filed a tax return for the same year using the same Social Security number.
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Can You Go Back And Refile Your Taxes
In case a taxpayer discovers a mistake on his or her tax returns after filing, the taxpayer is able to amend the return to correct the error. Form 1040-X, Amended U.S. tax returns can be completed and mailed by filing on Form 1040-X, Amended. This is the form for individuals filing their individual income tax return. Whether a taxpayer uses paper or electronic filing, an amended return must be filed on paper.
What Happens If You Submit Your Tax Return Twice
When attempting to file your return again, you will get an error code and explanation on the return, so the IRS rejects it. For instructions on how to contact the IRS, the IRS typically uses a statement like Error Code-0515 or Error Code-515 in order to inform senders that taxpayer is already preparing their taxes for same year.
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Can You Make Multiple Payments To Irs
You wont be able to split the payment between two credit cards using the TurboTax system during e-file. But, you can when you pay directly to the IRS. Select Pay by check when e-filing and a voucher for the full amount will be produced, which you can then ignore.
What do I do if I overpaid the IRS?
For taxpayers who overpaid, the IRS will either refund the overpayment, apply it to other outstanding taxes or other federal or state debts owed. For this round, the IRS identified approximately 4.6 million taxpayers who may be due an adjustment.
The Irs Is Not Out To Get You
Even though the IRS sounds like this massive organization where files could easily get lost, they wont because you have electronic and paper records of your payments.
If a physical check gets lost in the mail and it hasnt been cashed, the IRS will eventually cancel the check and reissue another one. If you somehow never get your refund, youll just have to keep calling them. They have all your information because youve already made a payment in the first place.
Worst case, you should be able to use your missing refund as a tax credit for the upcoming tax year. The IRS is not out to get you. It realizes the tax code is complicated, errors, and over and under payments happen all the time. Ive spoken to a handful of IRS agents on the phone before. Each one has been helpful in answering my questions.
Sooner or later, you will get your tax refund.
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Can I Refile My Taxes If I Made A Mistake
What if youve sent in your income tax return and then discover you made a mistake? You can make things right by filing an amended tax return using Form 1040X. You can make changes to a tax return to capture a tax break you missed the first time around or to correct an error that might increase your tax.
Ask The Taxgirl: Filing The Same Return Twice
Tax laws change all of the time.
This post seems to be older than 14 years. A lot could have changed since then. Check with a tax professional if youre not sure if it applies to you.
Taxpayer asks:
Hi Kelly,
I have a quick question.I used e file and IRS rejected it on 15th, so I sent my documents via postal mail.Meanwhile on my second attempt to e file with paper sign. IRS accepted my return. Does it create any problem as everywhere it says do not file if you are e filing.
Please help me here.
Taxgirl says:
Hmm Ive never had this happen before. I have had clients that filed twice on paper because they werent sure that they had mailed it already .
I am not sure what would happen with the case of efile and paper returns but heres my hunch: assuming that the returns are the same, the IRS will ignore the second one. Youll probably get a letter saying that theres a problem with your return and it will go on to say that they have received two copies of your return and that only one can be processed.
Id hold tight and see. I definitely wouldnt lose any sleep over it unless the returns are different, you sent payment with both or something similar. If any of those situations is the case, Id follow up with IRS.
If anyone else has experience with this situation, by all means, chime in!
Before you go: be sure to read my disclaimer. Remember, Im a lawyer and we love disclaimers.If you have a question, heres how to Ask The Taxgirl.
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What Should You Do If You File Tax Twice For The Same Year
Firstly, you should check for the details on the rejection letter and crosscheck the number assigned to you. Then, if youre sure that no return has been filed on your end, and the number matches yours, immediately contact the Internal Revenue Service on 908-4490.
You can contact them between 7:00 AM and 7:00 PM , between Monday and Friday. The situation must be rectified because if the number is familiarizing yours and is used, there has been malpractice of identity theft. You may find the 14039 online, and you need to fill it and mail the same attesting to the income tax return. Also, do not forget to attach a photo ID proof, your Social Security Card, drivers license, or passport copy.
Every time an identity theft occurs, the IRSs specifically assigned team thoroughly investigates this situation. Mainly, taking a look at the situation and analyzing the returns can take around 180 days, while some instances are solved under this time limit itself. After that, an official letter will be sent out to you, or a call will be made to you by the unit of IRS, who then makes you go through the entire process in detail.
What Happens If The Same Income Tax Return Is E
If you file twice, the IRS will not accept the second return.
Thinkstock/Comstock/Getty Images
The Internal Revenue Service has a strategic process for receiving and processing federal income tax returns. As one measure to prevent identity theft and tax fraud, the IRS uses your Social Security number to verify the authenticity of your return. If your Social Security number enters the electronic filing system twice in the same year, the IRS will take the proper measures to prevent possible tax fraud or identity theft.
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Whats The Irs Penalty If I Miss The October 15 Extension Filing Deadline
The IRS applies late penalties and interest on a case-by-case basis and will send a separate bill if penalties apply.
Because the IRS has the last word on penalties, we cant calculate the exact amount if your return is late. But the info below will give you an idea of what to expect in a worst-case scenario .
There are two types of fees that may apply, plus interest on any unpaid taxes:
- Late filing penalties apply if you owe taxes and didnt file your return or extension by May 17, 2021, or if you filed an extension but failed to file your return by October 15, 2021.
- The late filing penalty is 5% of the additional taxes owed amount for every month your return is late, up to a maximum of 25%.
- If you file more than 60 days after the due date, the minimum penalty is $435 or 100% of your unpaid tax, whichever is less.
You wont face a penalty if: