Lawrence "The Dreamer" Chen's Blog

In what turned into the continuing saga of Finally rolled my retirement to new job... I get notice from IRS that I owned them taxes for my IRA rollover plus interest and that unless I provide document to the contrary, I was to send them payment or arrange a payment plan....

At first I wondered what the heck was up... and why would TD Ameritrade report to the IRS differently than what they had reported to me, and that I had filed in my return. TD Ameritrade reported the distribution from my Rollover IRA, but not that it went to a qualified retirement account. And, reviewing my Turbo Tax data, no other documentation was needed for to document such. And, checking with TIAA-CREF, they said no tax form was needed from them and that they had nothing to issue for it.

I then struggled with how I would file an appeal, when I remembered that I get the Audit Protection service every year I've been filing with Turbo Tax. So, I open up a case with the Audit Protection company (Tax Resources). They then ask me to send some forms giving them permission to access my return data with the IRS, along with the TurboTax data file, and granting them power to represent me on this matter. Plus copies of the forms I had gotten from TD Ameritrade. Later they ask if there's some kind of confirmation letter when TIAA-CREF received the rollover, which TIAA-CREF was able to send me a new copy to forward on.

After many months....I get a call that the matter has been resolved and that I'll get an official letter from the IRS in a couple of weeks. But, we're done and hopefully we'll never have to talk to each other again.

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Intended to just quickly enter the W2 and 1099 forms, to get a rough idea of how bad I'll owe this year.

But, preliminary findings is that I'll get a refund of $2288 from federal and $384 from state. This is largely due to the deductions of being a home owner....or perhaps entirely....

I'll go sleep on the this...and then review things in closer detail tomorrow and then see about e-filing.

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