Dumb tax questions.
1. Is there any possibility of getting in real trouble if you paid the actual taxes you owed, but were unable to provide all the neccessary tracking info. EX. You really owe XX,XXX.XX and you somehow knew this number without having the required information to prove it. If you paid this number and taxes and got audited: Could you get in trouble for insufficient information? Wouldn't the worst result be them investigating you and proving you're right?
Now follow this up. You paid 27,500 in taxes, but got audited and ended up owing 29,200. Would anything happen other than you paying the difference + interest?
2. Are bonuses/rakeback income, a gift, or your own money?
|