Earn approx 4% interest per year on my portfolio. I received an IRS notice saying I owe 149000 in Federal tax for the year. Instead of taxing my interest, the IRS breakdown in the letter shows that everything in my portfolio is being paid (380,000) to me, & that Inowe tax on the full amount, when in fact, all paid to me is 15,000 a year interest. Please advise. Thank youUsuually I get a refund of about $100 (i own my apt so I pay interest. The IRS letter is showing every bond I owe as "paid to me" (which they werent) and states my income as over 360,000, when in fact my total income for the year is about $25,000. Please help, I am so upset, the letter says that can take everything from me,.