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Old 12-13-2007, 05:33 AM   #1
minusonebit
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:2cents IRS Ups the Ante: Filing a "Frivolous Tax Return", Penalty Now $5K

It used to be that striking out the information above where you sign on your 1040 would get you a $500 fine. One of my favorite things to do used to be to write things like "Paid Under Protest" on my returns, or on my checks. The IRS really DOES NOT like that and last year they threatened me with a $500 fine if I did it again this year. I fully intended to do it again, but now I am not sure if its worth it.

Under the "Whats New" section of IRS Publication 17, there are two new, short little sections:


Quote:
Frivolous tax submissions.

The IRS has published a list of positions that are identified as frivolous. The penalty for filing a frivolous tax return is $5,000. Also, the $5,000 penalty will apply to other specified frivolous submissions. See chapter 1.

Filing erroneous claim for refund or credit.

You may have to pay a penalty if, after May 25, 2007, you file an erroneous claim for refund or credit. See chapter 1.
Then you go down and you find this:



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Old 12-13-2007, 05:35 AM   #2
GrouchyAdmin
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Die in a messy car pile-up you sigwhore pile of shit.
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Old 12-13-2007, 05:48 AM   #3
minusonebit
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http://www.irs.gov/pub/irs-drop/n-07-30.pdf
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Old 12-13-2007, 07:19 AM   #4
Scootermuze
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When you sign the 1040 form, you're waiving your 5th amendment rights..

The constitution says you can't be compelled to waive those rights...

The IRS says you have to by law..


Strange how that works....
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Old 12-13-2007, 07:52 AM   #5
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Fucking govm't..
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Old 12-13-2007, 07:57 AM   #6
Barefootsies
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:2cents

IC

So when I am over taxed, then I get to send the IRS and invoice for $5000.00 per offense?

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Old 12-13-2007, 09:58 AM   #7
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You must file a short form and not have a pot to piss in.
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Old 12-14-2007, 12:37 AM   #8
minusonebit
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Quote:
Originally Posted by L-Pink View Post
You must file a short form and not have a pot to piss in.
Only an idiot files 1040-EZ... lol, you loose all the deductions that way. I itemize the mother fuckers... and I deduct everything. Including the kitchen sink. Hell, this year, I am even gonna write off the new glass doors I put on my fireplace because they are designed for efficiency to keep the heat from going up the chimney.

I do my best to make sure there is a business purpose for every purchase I make.
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Old 12-14-2007, 12:41 AM   #9
Pleasurepays
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why is it that you work so hard to be an idiot in absolutely every facet of your life?
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Old 12-14-2007, 01:11 AM   #10
woj
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I don't see a problem with it, it will teach idiots a lesson when they get hit with a 5k fine, and their wages get garnished...
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