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Of Interest: Crazy Tax Problem
Look at this image a friend of mine sent to me just now, taken from her state tax return. She underpaid by 66 cents. She now has to pay $30.86 in interest for “underpayment of estimated tax.” She’s understandably outraged by this, but doubts that it’s worth fighting. What do you think?
Look at this image a friend of mine sent to me just now, taken from her state tax return. She underpaid by 66 cents. She now has to pay $30.86 in interest for “underpayment of estimated tax.”
She’s understandably outraged by this, but doubts that it’s worth fighting. What do you think?
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