From what I can see, the tax preparer made a TYPO on the income. She typed in $4000 less than she/he should have. It is possible for the taxable income to be less than social security/medicare amounts, but generally, the amount of difference can be found in box 12. I'm surprised their program didn't flag it.
See I made $28,680 gross but she put in $24,680 which was my net income.
I'm sure that his/her return was filed electronically. With that said, NO, you don't actually sign the tax return; you sign paperwork that states that you are not lying on your taxes and remitting the return electronically. I can't remember at this moment the form number.
Now, when I prepare taxes, I always ask that the person for whom I am doing their taxes verify their numbers. I can see MANY returns and W-2's in one day. That gives ownership to the client. YOU have the responsibility of looking at your tax papers after they are completed to verify that information, because we are all humans. I have a very good track record because I pay attention to the details.
The reason I asked about the gold guarantee is based on what the tax preparer is responsible for. Any tax office SHOULD be responsible for any penalties because of a mistake. As for the interest and the tax itself, YOU have had the use of the money, not the IRS. If you purchase for $xx dollars the gold guarantee, they would actually pay the interest and taxes up to a certain amount of money. I did do a stint with JH and didn't believe in selling those things. My customers felt confident in my abilities since I reviewed the returns thoroughly with them. NONE came back.
