Capital Gains Nightmare Hello,
I've been looking for a tax community help forum for a number of days and I can't tell you how relieved I am to finally find one. Earlier this year I received a notice from the IRS regarding not filing a Tax Return. I did not file for a particular year because I was not working which was OK, but I was informed I needed to file information regarding Capital Gains on investments. As I am out of work I attempted to file the information on my own and had never attempted this task. As you can imagine, I was totally confused, frustrated, and worried so I phoned the IRS several times seeking assistance with Capital Gains and Losses, Schedule D, Schedule D-1 worksheets, etc. Over the course of two days, I was transferred to several IRS representatives who only served to add to my confusion so I did the best I could and submitted the requested information.
Of course that information was incorrect (two lines were left blank) and I will be assessed fees and penalties if a correct form isn't submitted. I don't know what I'm doing, I'm at a loss, and making myself sick over this situation. Any help will truly be appreciated; I don't know what else to do.
Thank you so much! |