It's a dreaded day when your mailbox reveals a letter from the Internal Revenue Service. Sam Tilleman had the same reaction when a legal-sized envelope bearing the same return address appeared in his Granbury mailbox last week. However, once he opened it, the balance due took him by surprise.
"One dollar?! Really? It cost more in labor and postage to send me this bill than the amount I owe," Tilleman said.
Last month, Tilleman received a bill for a mere $10 more for capital gains on his individual retirement account (IRA), which he promptly paid despite the frustration.
"The worst thing about the $11 bill was I had to get my accountant to go back through my 2011 taxes, so all that effort ended up costing me another $200," he said. "I thought, 'I've already paid that, now they want another dollar out of me? They've wasted my time. Who was the brainchild here?'"
Tilleman owns a small manufacturing company in Granbury, and says he's never received a bill from the IRS before. According to the bill, the $1 balance comes from accrued interest and penalties owed on the capital gains.
"It'll cost more for labor and postage than you'll ever get back. How can the government say it wants to save money, and does things like this? It makes you angry," he said.
He plans to write a check for the $1, but was tempted to send cash in the form of a hundred pennies taped to the bill. He also thought about filling out the installment form asking to pay ten cents a year for the next decade, but his rational reasoning won out.
"I'm going to pay it, but I think if the bill is under $10, why bother?" he asked.
KDFW FOX 4
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