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Letter from the IRS

January 12th, 2013 at 10:14 pm

It's not everyday that you get a letter from the IRS. We did today. Naturally, it was the first thing I opened.

You may remember that last August we got a check from the IRS for an adoption credit. That check included $104.43 of interest. The mailing today was a 1099 reminding us that we are required to include the $104.43 interest payment in our 2012 Form 1040.

That's not such a big deal. Letters from the IRS can be a lot worse than that.

On a related note, you may also remember that we finalized another adoption in April 2012. I'm no tax expert, but it's my understanding that the credit for adoptions finalized in 2012 go back to non-refundable status. That's not so good. For us, anyway.

2 Responses to “Letter from the IRS”

  1. scfr Says:
    1358035495

    You're right, letters from the IRS could be MUCH worse!

  2. rob62521 Says:
    1358050859

    I imagine your heart beat a little faster when you saw the letter was from the IRS. Like you said, it could have been worse...

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