curiousgeorge
Junior Member
Joined: Feb 22, 2011 22:11:06 GMT -5
Posts: 131
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Post by curiousgeorge on Feb 22, 2013 7:48:19 GMT -5
Good Morning!
NJ Jan 30 letter collecting additional tax from 2009 return- a good amount due March 1st. They reviewed the return and determined that an incorrect amount of property tax deduction may have been claimed - a determination that is not correct. If any questions, a number to call is provided.
Will calling prompt them to go back and review more returns and in turn prompt them to try to collect more creating more problematic issues to deal with?
Your thoughts? advice?
Thank you for your kind assistance!
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rangerj
Junior Member
Joined: Jan 21, 2011 13:39:35 GMT -5
Posts: 242
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Post by rangerj on Feb 22, 2013 10:29:52 GMT -5
If the state is NOT correct then submit the information that proves that the amount on your return is correct. If all prior years returns are correct then there should be no concern about the state looking at prior years return.
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mwcpa
Senior Member
Joined: Jan 7, 2011 6:35:43 GMT -5
Posts: 2,425
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Post by mwcpa on Feb 22, 2013 10:56:46 GMT -5
As noted, provide the state "proof" of the amount claimed and you should be good.
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taxref
Junior Member
Joined: Dec 31, 2010 11:09:13 GMT -5
Posts: 220
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Post by taxref on Feb 22, 2013 13:18:56 GMT -5
I practice in NJ, and have seen such a letter a few times.
The source of the problem is usually a mismatch between what the taxpayer claims as property tax on the return, and the amount reported to the state by the local assessor. It takes them some time to match this data, as your 2009 tax year letter indicates.
Before you write to the state, be sure to review the client's return. Verify that only homestead property tax had been entered on the NJ-1040. If the client owns more than one parcel of land, its not difficult to mistakenly put all of the property taxes on the NJ return.
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