Comments on: About Earning Money http://SixFigureResults.com Systems. Action Items. Marketing. Tax Resolution. Lifestyle design. Fri, 30 Jul 2010 15:58:52 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Jassen http://SixFigureResults.com/about-earning-money/comment-page-1/#comment-61 Jassen Sun, 31 Jan 2010 19:43:03 +0000 http://jassenbowman.com/?page_id=168#comment-61 Regina: Thanks for writing. To answer your question, the IRS *does* do computerized matchups of income to people that are in Status 53. Therefore, it is possible that the increase in your estimated tax payments could potentially raise a flag to them. However, in reality, it is extremely unlikely to happen. They are more likely to flag it once you file your tax return and your Adjusted Gross Income (AGI) shows up as being significantly higher than last year's. Take care! -Jassen Regina:

Thanks for writing. To answer your question, the IRS *does* do computerized matchups of income to people that are in Status 53. Therefore, it is possible that the increase in your estimated tax payments could potentially raise a flag to them. However, in reality, it is extremely unlikely to happen. They are more likely to flag it once you file your tax return and your Adjusted Gross Income (AGI) shows up as being significantly higher than last year’s.

Take care!
-Jassen

]]> By: Regina http://SixFigureResults.com/about-earning-money/comment-page-1/#comment-59 Regina Thu, 28 Jan 2010 19:00:50 +0000 http://jassenbowman.com/?page_id=168#comment-59 Jassen, Thanks so much for posting this information, I found it be accurate and lists cautions that most IRS help websites do not. Im considering requesting a status 53 ( and I do qualify ) my question is, during the 12 month of noncollective status I will be filing my quarterly estimated taxes. In the event that I earn more due to working harder to pay my tax debt off thus reporting more ( paying current quarterly est. taxes ) during the next 12 months - will I be rejected from the status 53 before the 12 month review? Thank you Jassen,

Thanks so much for posting this information, I found it be accurate and lists cautions that most IRS help websites do not.

Im considering requesting a status 53 ( and I do qualify ) my question is, during the 12 month of noncollective status I will be filing my quarterly estimated taxes. In the event that I earn more due to working harder to pay my tax debt off thus reporting more ( paying current quarterly est. taxes ) during the next 12 months – will I be rejected from the status 53 before the 12 month review?

Thank you

]]>