Login

u/idiotdiyattempt

r/IRS r/pools r/drywall r/tax
▲ 0 r/tax

Negative Effects of Allowing a CP-2000 Notice to Proceed to Formal Notice of Deficiency Before Paying Off Balance?

Good afternoon,

I have received a CP-2000 form relating to funds that the California EDD states they mailed to me via check (relating to parental leave payment), and reported to the IRS, but that I never received. The CA EDD is apparently extremely slow to respond, and have been investigating the next steps for reissuing checks (and confirming they will reissue checks) for so long that my CP-2000 notice will turn into a formal notice of deficiency if I don't pay the whole outstanding balance tomorrow.

I anticipate the CA EDD will sort this out during the 90 day notice of deficiency time period, and I'm wondering if there is any risk other than further interest (i.e., financially, legally, credit-wise) in simply allowing the IRS to send me the notice of deficiency and paying the balance once I receive the re-issued checks (I am going to get a bit screwed on the penalizes for money I did not receive, but I'll just have to eat that).

TL;DR: Does anything bad happen to you by not paying off a balance during the "CP-2000" time frame (30 days + 30 day extension) but rather by paying off a balance after a formal notice of deficiency has issued.

Thanks so much!

reddit.com
u/idiotdiyattempt — 14 hours ago
▲ 3 r/IRS

Negative Effects of Allowing a CP-2000 Notice to Proceed to Formal Notice of Deficiency Before Paying Off Balance?

Good afternoon,

I have received a CP-2000 form relating to funds that the California EDD states they mailed to me via check (relating to parental leave payment), and reported to the IRS, but that I never received. The CA EDD is apparently extremely slow to respond, and have been investigating the next steps for reissuing checks (and confirming they will reissue checks) for so long that my CP-2000 notice will turn into a formal notice of deficiency if I don't pay the whole outstanding balance tomorrow.

I anticipate the CA EDD will sort this out during the 90 day notice of deficiency time period, and I'm wondering if there is any risk other than further interest (i.e., financially, legally, credit-wise) in simply allowing the IRS to send me the notice of deficiency and paying the balance once I receive the re-issued checks (I am going to get a bit screwed on the penalizes for money I did not receive, but I'll just have to eat that).

TL;DR: Does anything bad happen to you by not paying off a balance during the "CP-2000" time frame (30 days + 30 day extension) but rather by paying off a balance after a formal notice of deficiency has issued.

Thanks so much!

reddit.com
u/idiotdiyattempt — 14 hours ago
▲ 5 r/drywall

Can I Cut This Support?

I had a pinhole leak at the copper elbow seen in the attached images. The wood is largely dry, but several pieces of drywall are wet and need to be replaced/patched. To minimize mold, I wanted to stick a mini dehumidifier up there (~12 inches of clearance vertically, so I have one that will fit).

However, as you can see it's a tight space (this is a ceiling between first and second floors by the way), and the small dehumidifier can only fit on the side with the the partially removed support circled in blue. However, I would need to saw off another 2 inches, including where the screws currently hold the drywall.

Is it safe to saw off the two inches of the support circled in blue? I'm worried about making a costly mistake.

The green lines show where boards are in place all the way to the top of the exposed space.

Thanks in advance!

u/idiotdiyattempt — 1 month ago
▲ 1 r/pools

Just wanted to see if anyone thought this was repairable. Looks like the replacement part (Pentair 420 SqFt Clean and Clear® Plus Cartridge Filter) is $2,184.

Thanks so much!

u/idiotdiyattempt — 4 months ago