Is our government really this hard up?

The Gram Reaper said:

Does anything good ever come from a letter from the IRS? I got one in my mailbox today and about shit bricks until I got home to open it.

The IRS is coming after me for not claiming stock(s) and the profits from them. I wasn't even aware I owned any stock, or if it was any of their fuckin business. Apparently my wife got a 1$ stock from her brother as part of a promotion from a major stock trade site 2 years ago.

The stock was 1$, they are worried about a $1 stock. The stock is now worth $2 lol. Double the investment back after 2 years, what a lucky stock. I got more mad that we didn't buy a shit load of the stock than I was at the IRS for wasting our time.

They demand I contact them and want proof of the stock, which I thought they already had (being they found proof of the stock and are writing me about it). Apparently I got some major gains from this stock that they couldn't do without their share of, so I ask ARE WE REALLY THIS HARD UP?

My wife is cashing out the stock so we have the money to pay the penalties.

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hanimmal said:

Im not a tax attorney or anything, but I am guessing unless you had about 5,000+ of those $1 stocks you'll be fine.

Good luck though, that sucks.

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The Gram Reaper said:

Does anything good ever come from a letter from the IRS? I got one in my mailbox today and about shit bricks until I got home to open it.

The IRS is coming after me for not claiming stock(s) and the profits from them. I wasn't even aware I owned any stock, or if it was any of their fuckin business. Apparently my wife got a 1$ stock from her brother as part of a promotion from a major stock trade site 2 years ago.

The stock was 1$, they are worried about a $1 stock. The stock is now worth $2 lol. Double the investment back after 2 years, what a lucky stock. I got more mad that we didn't buy a shit load of the stock than I was at the IRS for wasting our time.

They demand I contact them and want proof of the stock, which I thought they already had (being they found proof of the stock and are writing me about it). Apparently I got some major gains from this stock that they couldn't do without their share of, so I ask ARE WE REALLY THIS HARD UP?

My wife is cashing out the stock so we have the money to pay the penalties.

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Unclebaldrick said:

So, the government wants you to pay taxes on a stock that you still own?

Sure.

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Sir Napsalot said:

I finally got my tax refund that I mailed in May and forgot to include my wife's W2

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Budley Doright said:

Not sure about there but unles you sell and have an actual gain or loss there is no tax implication here. How can they tax something that you haven’t profited from?

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Sir Napsalot said:

I finally got my tax refund that I mailed in May and forgot to include my wife's W2

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Budley Doright said:

Not sure about there but unles you sell and have an actual gain or loss there is no tax implication here. How can they tax something that you haven’t profited from?

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londonfog said:

I was thinking the same fucking thing. Feeling someone just wanted to start a thread

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schuylaar said:

still waiting for mine. incidentally, they can see your wife's W-2 information and really don't need it not sure why they would hold it up for that. I had ACA that required a form so that's been my hold-up but responded in July so soon hopefully for me.

did you get the stimulus?

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