No good deed goes unpunished.
I scrupulously filled out a form and paid gift tax on the money I gave my sister in 2024 to help pay for my niece’s tuition; I enclosed a check, which showed up the next month (May) as debited from my account. Yesterday, a letter arrived from the IRS, saying that I owed the money, and have to pay it, with a few more dollars in interest and penalty.
A telephone number is given, so I plan to call today, and see if the matter can be straightened out.
I scrupulously filled out a form and paid gift tax on the money I gave my sister in 2024 to help pay for my niece’s tuition; I enclosed a check, which showed up the next month (May) as debited from my account. Yesterday, a letter arrived from the IRS, saying that I owed the money, and have to pay it, with a few more dollars in interest and penalty.
A telephone number is given, so I plan to call today, and see if the matter can be straightened out.