I acknowledge that I'm behind on my tax filings. Back in 2017, I withdrew from my retirement account and paid nearly $100,000 in taxes for the funds I used to purchase a home in the southwest. Unfortunately, things took a turn, and I ended up selling the house at a loss in 2019. The sale price was below my purchase price, and the buyer's inspection revealed termite issues, along with the need for a new roof and the removal and reinstallation of solar panels. This resulted in a loss of about $8,000 from the sale, and I spent another $16,000 on repairs. The tax agency refuses to consider the taxes I paid in 2017 and insists on starting from 2018, claiming the equity from the home sale is capital gains. With accumulating interest and late fees, they now claim I owe $223,000 based on the last letter I received. I attempted to reach out for assistance in 2024 but faced a 90-minute wait time. After waiting, I spoke to someone who said they needed to transfer my call and then disconnected me. It’s astonishing that, despite labor shortages, there are so many new agents being hired, and I question their qualifications.
Claim your business profile now and gain access to all features and respond to customer reviews.
