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Me & the IRS

  1. #1
    Join Date
    Nov 2017
    Location
    Milford,OH
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    1,284

    Me & the IRS

    Here we go again......some of you may recall? I had a bout with the IRS roughly 4-6 weeks ago , over an erroneous refund. I was refunded 3 times what I was expecting. I contacted them, they said return half of [that] amount. I did. All was well.....well now ? not so.



    Now I get a letter saying , return the other half of [that] amount? With no mention of my original refund amount due, which was @ that time one third of [that] amount. If no action is taken on my part in 10 days, fines will be assessed ?

    So I have a call in to them...waiting for a return call.

    This may not be settled till it is tax season again........<sigh>

  2. #2
    Join Date
    Dec 2017
    Location
    Houston Y'all
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    1,646
    Ugh, bureaucracy.

  3. #3
    Join Date
    Sep 2014
    Location
    Albuquerque, New Mexico USA
    Posts
    8,765
    I tangled with the IRS once a long time ago. The IRS is relentless and unreasonable. I'd return the other half of the overpayment immediately, via certified mail.

  4. #4
    Join Date
    Jan 2017
    Location
    Northwestern Ontario Canada
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    4,575
    I would never have told them about the overpayment in the first place.

    They made the mistake.

    It's up to them to correct it.

  5. #5
    Join Date
    Nov 2017
    Location
    Milford,OH
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    Quote Originally Posted by Camper6 View Post
    I would never have told them about the overpayment in the first place.

    They made the mistake.

    It's up to them to correct it.

    I didn't, they sent a letter the first time...I then contacted them, had it cleared up I thought.....Now I get another letter.

    Now they want the other half of the mistake back...Well OK...I'm @ this point still over refunded anyway. But.....what about the refund I was supposed to receive?

    Since last April, still no mention of that !

  6. #6
    Join Date
    May 2015
    Posts
    22
    Reminded me of this problem.
    Three men go to stay at a motel, and the man at the desk charged them $30 for a room. They split the cost $10 each. Later, the desk man realized he overcharged the men, that the actual cost should have been $25. The desk man gives the bellboy $5 and tells him to give it to the men. The smart bellboy realized $5 could not split equally up 3 ways, so he kept $2 and gave the men $1 each. Now each man paid $9 to stay in the room and 3 x $9 = $27. The bellboy kept $2. $27 + $2 = $29. So where is the missing $1?

  7. #7
    Join Date
    Oct 2016
    Posts
    1,009
    The IRS is really picky about forms. Documented thru Fidelity paper trail the sale of some stock & immediately put into a self directed IRA I didn't know that wouldn't satisfy the IRS. The transaction had to be documented on schedule D. Aletter explaining I owed $55,000.00 on top of what I already had paid got my attention really quick. I took my Fidelity paperwork to the IRS office, got help filing an amended form & actually got a little over $600.00 back.


    The $25.00 room


    $25.00 for the room.
    $3.00 $1.00 back to each man
    $2.00 for the bellboy
    ---------------
    $30.00

  8. #8
    Join Date
    Oct 2013
    Location
    Maryland
    Posts
    30,570
    Interesting problem. I think the error is that you are adding in one direction, and subtracting in another.

  9. #9
    Join Date
    Oct 2017
    Location
    Los Angeles
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    906
    Quote Originally Posted by wasserball View Post
    Reminded me of this problem.
    Three men go to stay at a motel, and the man at the desk charged them $30 for a room. They split the cost $10 each. Later, the desk man realized he overcharged the men, that the actual cost should have been $25. The desk man gives the bellboy $5 and tells him to give it to the men. The smart bellboy realized $5 could not split equally up 3 ways, so he kept $2 and gave the men $1 each. Now each man paid $9 to stay in the room and 3 x $9 = $27. The bellboy kept $2. $27 + $2 = $29. So where is the missing $1?
    This brain teaser used to drive me crazy until I realized that the math is figured backwards. The room isn't $25 it's effectively $27. $9 for each man covers the $25 room and the $2 tip. Since they each got back $1 from the bellboy the math works. (It's not $27 plus $2, it's $27 plus $3.)
    During life's hardest moments - the ones you don't think you can endure - it's helpful to remember that your record for getting through trying times remains at an impressive 100%.

  10. #10
    Join Date
    Nov 2017
    Location
    Milford,OH
    Posts
    1,284
    Well the IRS lady called back. It seems I did do the correct thing a month ago. Returning half of the erroneous refund. She said it had not been received & processed , before the second , [current] letter/form was mailed too me. Her instructions were to just ignore this notice. I hope she's right this time...

    Gotta luv government bureaucracy & snail mail !

    Remember this all started in April <shaking my head>

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