Viewing a single comment thread. View all comments

Various-Category4642 OP t1_j6odfu5 wrote

Reply to comment by BouncyEgg in Issues with my eBay 1099 form by Various-Category4642

Simple enough. I have most of the numbers but will I be punished with an iron fist if I'm a couple bucks off? Always a worry in the back of my mind

1

BouncyEgg t1_j6oe0vm wrote

> will I be punished with an iron fist if I'm a couple bucks off?

This is a common misconception with the IRS.

The IRS is more like a very understanding parent.

Understanding parents know that their children are going to mess up. Understanding parents are not out to deliver punishments out of joy/fear. Understanding parents just want their children to follow the rules.

The IRS is very reasonable. The IRS wants to work with the Taxpayer.

Just don't do illegal things like intentionally evade the rules.

1