From: Dick Deeds
Date: 7/25/2013 11:13:41 PM
Subject: Fwd: IRS and Bankruptcy Award
Hi
Dick,
Yesterday I received a Notice of Proposed Changes to my
Form 2011.
It said I had an additional amount due of $484
including$19 interest.
The source of this "discovery" was a 1099B they
received from Delta for for securities that I did not report.
This had to do with our last payment of the bankruptcy
award from Delta. My award was for $4,836, but by the time Delta
deducted
$1,858 including $1,254 Federal Tax, I only received
$3,012.99 for the Delta New Common. So Delta deducted all those taxes
and then sent the IRS a 1099B as though the $3,012.99 was pre tax money.
I tell you this because I am afraid some of our
"more senior" retirees might receive a similar notice and be
intimidated into paying the amount these crooks are demanding. I'll go
to prison first !
Please pass the word. Thanks.
Paul B
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