The Tax Exodus: Finding Freedom from Tax Worries this Pesach

Mar 27, 2023

From Dust to Transfer

As we approach the joyous holiday of Pesach, many of us are also grappling with another annual tradition: tax season. Just as the Israelites were freed from their bondage in Egypt, you too can find liberation from the stress of managing your taxes. Here's a light-hearted look at some ways to tackle your taxes in the spirit of Pesach.

First, let's talk about the infamous search for chametz. On the night before Pesach, we search our homes high and low for any remaining crumbs of leavened bread. Similarly, you should leave no stone unturned when searching for tax deductions and credits. Just like those elusive crumbs, they may be hiding in plain sight!

Next up, we've got the Seder plate. Like the Seder plate's six symbolic items, there are six key steps to filing your taxes: gathering documents, choosing a filing status, calculating your taxable income, finding deductions and credits, determining your tax liability, and finally, submitting your return. Make sure to keep things organized, so you don't end up with a tax return as chaotic as Pharaoh's kingdom!

Now let's talk about the Four Questions. The youngest at the Seder table traditionally asks four questions to better understand the Passover story. In the same vein, don't be afraid to ask questions about your taxes. Seek advice from a tax professional or do some research to ensure you're making the right choices for your financial situation.

And of course, there's the Afikomen. Just as the children search for the hidden matzah, you should be on the lookout for hidden tax savings. Perhaps you're eligible for tax credits you weren't aware of, or maybe you can make a last-minute IRA contribution to lower your taxable income.

Finally, let's not forget about Dayenu, the song of gratitude sung during the Seder. Each verse thanks G-d for various blessings, and after each blessing, we say "Dayenu" (it would have been enough). When you finally file your taxes, take a moment to be grateful for the financial opportunities and blessings in your life. Dayenu!

With some organization, guidance, and a healthy dose of Pesach spirit, you can conquer your taxes and be free to enjoy the holiday. Chag Pesach Sameach, and happy tax filing!

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Many taxpayers receive identity verification notices from the IRS, and in most cases, the process is straightforward and can be resolved without much difficulty.

You have the following options to verify your identity:

Option 1: Verify through the IRS using your ID.Me account

 


Option 2: Use the IRS Document Upload Tool

    • Please note when they ask for the access code answer "no" and put in the notice/letter type 5447C

    • Alternatively, we can upload the documents on your behalf. (Please note additional fees apply.)

For both options 1 and 2:

    1. Allow at least 30 days to process.
    2. You can then check your status on IRS Where's My Refund or request that we pull your transcript.


    Option 3: Call the IRS

      1. Phone number: 1-267-941-1083

      1. When calling the IRS please note that there could be long wait times. We recommend the best time to call is as close to 1PM Israel time as possible, when the lines first open.

    When speaking with the IRS agent:

      • Let them know you are calling in response to a Letter 5447C letter for tax year 202x.

      • Provide the control number as it appears on the first page of the letter.

      • Be prepared to answer any question they ask from the first 2 pages on both tax returns, including:

          • complete address

          • filing status (Head of Household /Married Filing Separately / Married Filing Joint/ Single)

          • refund amount.

      • If you are unsure of an answer you may ask the agent where it can be found on the return.

      • Know the dates of birth for you and the children on the return

      • Know your mother's maiden name

      • If they ask about W-2 income, tell them since you live outside of the US your income isn’t reported on a W-2, but rather the equivalent form 106 instead.

    They hopefully will not ask any more financial questions.

    If your identity is successfully verified during the call, the IRS will typically inform you immediately. Your refund should then be released within approximately 6-9 weeks.


    Documents Required in All Cases

    Regardless of the verification method you choose, you will need:

      • a copy of the 5447C letter you received

      • the first 2 actual 1040 pages of your 202x and 202x tax returns

    Additional Documents for ID.me or Document Upload Verification

    If you are verifying online through ID.me or using the IRS Document Upload Tool, you will also need:

    Two clear copies of acceptable identification, as listed in the IRS letter (for example passport and license).