We got a notice a few weeks ago that they'd found issues with our 2006 tax return and we owe the government money. Since I generally do the taxes I was of course freaked out. I was also amazed that we had gotten a BIG FAT ENVELOPE FROM THE IRS and my dear husband didn't open it! I can let a lot of things lay around but a BIG FAT ENVELOPE FROM THE IRS can't possibly be good. Thus began the search for all of our 2006 tax information--yes, the year we sold a house, bought a house and carried three mortgages for a period of time--paperwork hell.
Given that our deadline to respond is Monday I finally sucked it up and re-did the 2006 taxes this evening. According to my estimates we owe but we don't owe as much as the IRS says we owe. So now, do I send a check for the whole amount or just what I think I owe plus the interest? How do I figure the interest on a lower amount? Its not that much difference but I really don't want to give them any more money than I have to, I also don't want to have to pay additional interest on money they've loaned me for the last year. Ugh.
I've got to say that the whole you owe us interest thing really ticks me off. I made a mistake, fine. But you are going to make me not only pay back the money but interest for my mistake that it took you over a year to find? Gheesh, that seems unfair somehow. Oh well. Gman's turn now, I will never, ever send in another tax form until he has gone over it with a fine tooth comb!