Derrick P. asked

💰  Tax

I received a notice from the IRS stating that I owed $10,175 in back taxes, plus a penalty of $2035 and $664 in interest, for a total of $12,874 on my 2020 taxes. I filed correctly with TurboTax, but have not heard back from the IRS. I have audit insurance from TurboTax for that year. What should I do next?

August 8th, 2024

Carrie S. answered

The IRS is currently experiencing delays in processing tax returns, which might be contributing to t...

August 8th, 2024

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