I'm 23 years old and have recently begun my professional career. In 2018, I worked for a shifty company that committed tax fraud by paying their W2 employees as 1099-MISC employees. I was naive when I got the job and didn't know what to do. Anyway, I did all the right things and calculated and paid my quarterly estimated payments. Tax season came around and, shocker, I ended up still owing. I paid what I was told.
Fast forward to now, I've not had any tax issues until now. They are saying I didn't pay SE tax, and a few others. But my quarterly estimated payments, paid to Federal and State, are supposed to cover that. And it shows $0. Is it possible that the system I used to file with (Credit Karma Tax) didn't allocate the funds correctly on my tax forms, showing a $0 where it should've been distributed?
The other issue is, the company I left in 2017 I guess I had a 401k enrolled. I don't even think I knew what was happening, I don't remember enrolling. Anyway the IRS is saying I owe money on the "retirement payout" I received in 2018 from this 401k. I'm waiting to confirm with my bank, but I'm 90% sure I never received that check nor did I know about it. I also never received a 1099-R for the funds.
The last piece of the puzzle, I noticed my transcript from the IRS website shows I had a $2,921 refund that year. I didn't get that, I got $189 back (which $173 was used to pay what I owed), I have bank statements confirming this.
What are my options? I have all my estimated payment receipts saved, as well as my 1099 and tax documents.
Submitted November 27, 2020 at 09:39PM by sbills7070 https://ift.tt/3mg4AZY
