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Home > IRS tease - it is hard to give up this check!

IRS tease - it is hard to give up this check!

June 10th, 2008 at 06:48 pm

Yesterday, I was looking through new mail and saw what looked like a check in the IRS envelope. Thinking it may be the stimulus come early, I was excited.

When I opened it, it was indeed a check from the IRS, but for $3,200! With the letter explaining that it is a refund for overpayment to the state.

We were floored. Of course, we were pretty sure that we calculated our taxes correctly. So immediately came the sinking feeling that it was a mistake.

From looking over our taxes quickly, it seems that DH added “taxes withheld” and “tax advance payments" together (with the logic that it is all taxes already paid).
The amount was correct; he just did not separate them.
The state must have found tax advance payments in the system and applied them again.

We will, of course, double check this very carefully on the weekend before calling IRS on Monday. I wonder if the IRS will be as stubborn in agreeing that it is a mistake and they do not owe us money, as they would be in a reverse situation.

Anyway, my fear is that a mistake in our favor is likely to end up being as much trouble for us as the reverse.

Oh, how I wish I could keep this beautiful check – I felt so much richer for a moment. But, alas…

2 Responses to “IRS tease - it is hard to give up this check!”

  1. NJDebbie Says:
    1213136691

    I hope that you made a mistake and get to keep the money. I would be soooooooo happy!

  2. greengirl Says:
    1213316604

    hmmm, my mum hadn't done her tax for last year and got the accountant to do it, with an estimated refund of about $700. she got a cheque in the mail last week for $8222.00! with an explanation of ftb and child allowance or something (can't remember - and i don't have kids so i don't knwo about it). anyway she rang her partner and they have already planned to spend it on doing up the laundry and bathroom, against my advice to atleast keep it until the end of this financial year (in about 20 days) to do this years tax return and see if they might have to pay more this year. my mums partners words? "well if we have to pay anything for this years tax, we'll deal with that later". NONONO! argh. people are so frustrating!

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