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Consulting Business Wealth Enabler Consultant How To Internet Systems Since 1997

By - Philip Harman

IRS and Retirement?

Discover Team National

Question by Sherman81: IRS and Retirement?
my mom gets retirement for around $ 610 a month. For 2 years we didn’t even know that we had to file the retirement on her taxes. Now because of this, my mom has gotten charged $ 1300 for not paying it, then maybe a few months or more later she has gotten charged $ 1400. Is this suppose to be interest and penalties.

Also the $ 1300 came from one state and the $ 1400 came from another state.

My questions are, why are the payments so high and why are they coming from 2 different states.

Also what are the tax payments on the retirement suppose to be.

If you can’t answer the questions, is there a way i can email the IRS about this. My mom tried calling them but she said she wasn’t going to wait 30minutes or more for them to finally pick up and answer.

Best answer:

Answer by Barkley Hound
Retirement that you did not contribute to is fully taxable by the IRS and the state you live in. You are not very clear about where these bills are coming from. You should only get one from the IRS and you may get one from each state where she lived while getting retirement.

You will have to phone the IRS and wait. There is no way to have a conversation with email.

BTW: Part of social security can also be taxable if the total income for the year is over a limit. You should also check into that.

You should be able to get the people giving the pension to withhold federal and state tax. If they won’t do it you may have to file quarterly estimates.

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