MGC94
Level 7
09-18-2024
07:38 AM
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ERC and amended returns were done.
Tax year 2020
Fed $0
VA $0
Tax year 2021
Fed -$92,501
State -$15,775
Tax year 2022
Fed -$10,618
State -$1,744
Tax year 2023
Fed -$13,771
State -$5,388
2021 (the worst year) interest was over $15,000..... What can I do for interest and penalties
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judys3
Level 7
09-18-2024
08:41 AM
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I've written letters. Waiting now to hear back from my last.
judys3
Level 7
09-18-2024
08:49 AM
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You will respond to the letter on the notice. Also, make sure you are demanding in the letter. Give a detail of when the original returns were filed, when the money was received and when the money was paid on the amended returns.
MGC94
Level 7
10-10-2024
12:29 PM
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Carryforward loss wasn't a loss anymore
judys3
Level 7
10-11-2024
08:20 AM
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I have not received a response to my last letter. That was at least 2mos ago.
MGC94
Level 7
11-23-2024
03:41 PM
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Has anyone been successful getting rid of ERC interest??
judys3
Level 7
11-25-2024
07:02 AM
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I've not received any response since my last letter was written.
MGC94
Level 7
12-06-2024
11:13 AM
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Any update? Nothing on my end. What about the state you amended? Did you win that one? Still working on the IRS and VA here
MGC94
Level 7
12-27-2024
11:50 AM
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Anything?
judys3
Level 7
12-27-2024
11:51 AM
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still nothing