Overpaid refund

[mzbellz]

What is the name of your state? Arizona

What do you do when the IRS sends you a refund check that is more than what you claimed on your return -- a lot more.

[LdiJ]

Originally Posted by mzbellz

What is the name of your state? Arizona

What do you do when the IRS sends you a refund check that is more than what you claimed on your return -- a lot more.

First, you have a professional look over your return to make sure that an error was not made on your part, that the IRS corrected (like a math error). However, you also should have gotten a letter from the IRS if that is the case.

If you can't find any error, then I recommend contacting the IRS and asking for a tax return transcript for the year in question, to see if the IRS made some glaring error....again, having a tax professional look over it.

You are not supposed to cash a refund check that is significantly more than the amount that is really due to you. Therefore its important to quickly find out exactly where the error occurred.

[mzbellz]

I think we just need to contact IRS. They misplaced the decimal. Instead of a refund of $95.00 and change-- we got over $9500.00

Thanks for your help.

[LdiJ]

Originally Posted by mzbellz

I think we just need to contact IRS. They misplaced the decimal. Instead of a refund of $95.00 and change-- we got over $9500.00

Thanks for your help.

I wish you had stated that right up front. Yes, you absolutely need to contact the IRS.

[FlyingRon]

You betcha... My brother got one of those 100x checks once. I'd strongly recommend you don't cash it until you hear from the IRS.