My wife and I received a letter last year from the IRS saying that we misrepresented our taxes for 2018. At the time, I was a full-time student and received the education tax credit which gives students a 2,500 credit. I had to pay for my tuition with a loan, making me eligible for this credit.
I wrote a post about this last year: https://www.reddit.com/r/personalfinance/comments/ikr4pg/i_received_a_suspicious_letter_from_the_irs_today/
When this first happened, I called the IRS and they told me that I just needed to send them proof that I was enrolled in school and that I paid for school either out of pocket or with a loan. I sent all this information to the IRS and I have since received two more letters in the last week saying that they still believe I have misreported my income. They don't provide any explanation as to why they believe this, as it is just a straight-up copy of the first letter they sent me last year. My wife and I are in our early 20's and we don't make much money, so needless to say, this has caused a lot of stress in our life that we greatly wish to overcome.
Has anyone else been in a similar situation? If so, how did the issue get resolved?
Submitted January 07, 2021 at 03:06PM by JonnyHovo https://ift.tt/3nob1dd
