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Author: CTkaren Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121189  
Subject: Re: IRS wants $4293.00 Date: 9/3/2008 10:10 PM
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Thanks, I think I will e-file this next year. I use the Intuit program for mac, so I know the math is correct before I print the return.

The error was in a 1099-B for back-up withholding. If you are right that the IRS gets this information from the broker electronically, it is odd that the mistake happened.

I realize it is crazy to not have cleared up the back-up withholding; but in years I have low income and some stock sales it has helped me get my SS taxes paid.

Still odd the error came through---is there any chance the brokerage firm "said" they paid the withholding but then didn't? Perhaps I need to put a call through to them, 'just in case'.

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