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Strategies & Market Trends : Income Taxes and Record Keeping ( tax ) -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (5756)	7/12/2022 7:00:16 PM
From: Elroy	Read Replies (2) \| Respond to of 5810

Thanks for your help. I was able to log in, and see the letter. Thanks! It was a bill for underpayment of 2020 taxes. I think this is pretty strange as I pre-pay taxes quarterly each year. There was an event in June 2020 that the IRS indicates caused this penalty. So since June 2020 I have owed the IRS this penalty money (and they are just informing me of that in May 2022. The amount that I paid in 2020 tax year Q3 pre-payment (paid in Sep 2020) was more than the penalty. Why wouldn't that amount (although labelled 2021 Q3 pre-payment) offset this small penalty? Any idea? It seems like the penalty charge should have been removed once the IRS received my quarterly tax pre-payment. In fact, since I pre-paid Q1 and Q2 2020 I should have had a surplus already in my account which is much larger than this penalty. It says my 2021 tax documents have not yet been processed. How can I check the determine that the IRS has received my tax filings? Any idea? I mail them in each year. It's impossible to speak with a person at the IRS.