Anybody know if it would help to talk to the IRS about this?
The company I retired from pays me on the first of every month. Somebody screwed up and sent the JAN 1 2017 payment out early so it was deposited in my account 0n 12,30,16 so it was reported as the 13th payment of '16. Below is part of a letter I sent to the company.
This is the nice part.
"Thanks to a failure to provide correct information to the IRS it was reported that I received 13 monthly retirement payments in 20016
Thanks to that my Federal Tax owed after the deductions went from $1115 to $1553
My Colorado State tax went from $0 to $144
Also State taxes withheld from that "13th" payment are gone forever
I was required to have my Tax forms reworked with added costs
I will never see this money again, and don't even try to tell me it will be offset by lower taxes in 2017"
I know it's not a lot of money, but it catches me at a bad time in my budget and I need to vent.
