Hypothetically speaking, what if the IRS overpaid in a return

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Old 04-07-2008, 06:10 PM
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Default Hypothetically speaking, what if the IRS overpaid in a return

by like $70. It should be around $130 but the check was $201.
Old 04-07-2008, 06:21 PM
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If they catch it they'll bill ya later. I wouldn't worry about it. They can't charge you intereset on it cause they screwed up.
Old 04-07-2008, 06:24 PM
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Originally Posted by MEZA TA
If they catch it they'll bill ya later. I wouldn't worry about it. They can't charge you intereset on it cause they screwed up.
How long would it take for them to catch it? Would they really care about $70? I suppose that could be a rhetorical question.
Old 04-07-2008, 06:29 PM
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You Are Going To Jail....for A Long Time......................
Old 04-07-2008, 06:30 PM
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Originally Posted by NHRAMAN
You Are Going To Jail....for A Long Time......................
Why would I be going to jail? I wouldn't.
Old 04-07-2008, 06:32 PM
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IDK usually on a small amount like that I doubt they'll care. It could be years before they catch some mistakes. They might not ever catch yours though. If they do all they can do is ask for their $70 back.
Old 04-07-2008, 06:33 PM
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They caught mine overpayment like 2 years later and deducted it from that year. No penalty since it was there fault.

Amber
Old 04-07-2008, 06:38 PM
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are you kidding? They would care if it was $1. They will figure it out, and then just subtract it from your next year, or the year they find it.
Old 04-07-2008, 06:39 PM
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as always family guy rules apply
Old 04-07-2008, 06:42 PM
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Originally Posted by chrysler kid
as always family guy rules apply
Old 04-07-2008, 06:45 PM
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Originally Posted by Shackleford
Why would I be going to jail? I wouldn't.
MAN....I AM JOKING....
Old 04-07-2008, 06:45 PM
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They might charge interest on it, or they will make you claim the interest on your next return. Either way if they catch it they will get it out of your nexts years return.
Old 04-07-2008, 06:47 PM
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They won't charge interest when it was they're mistake and you filed everything correctly. Now on the other hand if you knowingly falsified some info to get more back then yes they charge interest on that, but not if it was their mistake.
Old 04-07-2008, 06:52 PM
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They over payed us maby 50.00 and they charged interest that we had to claim on our tax return. The IRS sucks and they will screw you everychance they can. Trying to find out stuff from them is like pulling teeth also. You wont get a straight answer from any of them.
Old 04-07-2008, 06:57 PM
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^You got a point there lol
Old 04-07-2008, 07:02 PM
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They are definitely not to be jacked with.
Old 04-07-2008, 07:05 PM
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just send me the 70 bucks and i will take care of it for you actually send the whole check and ill send a new one with the right amount
Old 04-07-2008, 07:07 PM
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Me too!
Old 04-07-2008, 07:33 PM
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I could just send the $70 back and tell them what happened.
Old 04-07-2008, 07:37 PM
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Dude I'd wait and see what happens. Think of it as a small no interest loan. lol


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