Ok... as if things weren't complicated enough... my mom just recieved a letter telling her she is being audited because she has some unreported income. The problem is she doesn't know where the over 50.000 came from all we have is Acct. numbers that match her ss# she was told to go to the local SSA to verify that the ss# issued to her was solely hers and she did, then she was told to go to the bank and obtain a letter stating this acct. either does or doesn't belong to her. The problem is the bank will not give her any info unless she knows the name on this acct; that has her ss#. Is there anything she can or should do?
2007-11-13 16:18:14 · 7 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
If you are disputing the account, simply tell them to prove the account truly belongs to you. They must then suppy you with all the information and data that supports their position the account is yours.
DO NOT expect any cooperation from the bank, they will not give the information unless you can supply all the information allowing them to prove your identity to release the information.
It is not necessary to spend any money at this point getting a lawyer or professional consule. Only do that if you find you need to dispute their decision. Use the system.
Dispute this directly with the agency who is trying to audit you. THEY MUST prove you are who they think you are. They can get all the information.
I went through something similar to this once and they had to supply all the related information, especially and signature cards and personal data they claim were mine. I was very fortunate to have a very honest investigator who wanted to get to the truth too. It was proven to be clerical error on their part.
2007-11-13 16:31:17 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Get a lawyer to investigate for her. It is obvious to me if the money and account isn't hers then the ssn was misprinted on that account. If she is held accountable for the money then she should be allowed to spend it.
A Law suite should open the eyes of the bank. A lawyer will take the case on contigency and they will earn a share if they can deliver the account funds to her.
2007-11-13 16:28:25 · answer #2 · answered by Kevin J 2 · 0⤊ 1⤋
She should consult an enrolled agent who can represent her in front of the IRS. While it sucks that she has to pay for representation, it should get the matter resolved and should be cheaper than hiring a lawyer.
2007-11-13 16:28:15 · answer #3 · answered by VATreasures 6 · 0⤊ 1⤋
Simple. Take the letter to your local IRS office. Next.
2007-11-13 16:48:35 · answer #4 · answered by Anonymous · 0⤊ 1⤋
if the account is not in her name but has her SSN try the following:
ask to talk to the bank manager or bank investment manager
If they do not help try a tacx accountant or tax attorney
2007-11-13 16:24:54 · answer #5 · answered by dugal45 3 · 0⤊ 1⤋
sounds like a scam, call the authorities.
2007-11-13 16:20:53 · answer #6 · answered by Anonymous · 0⤊ 1⤋
oh that sucks...... pay it off
2007-11-13 16:20:30 · answer #7 · answered by John Bob Bryant III 2 · 0⤊ 1⤋