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US Income Tax - Too much back?

SamphisSamphis Registered User regular
edited March 2007 in Help / Advice Forum
I received my tax refund today. The only problem is that it's for $1000 MORE than I filed for. Is this going to vanish from my account or be somehow otherwise extracted from me, or am I looking at a nice little windfall? I really don't know what I should do.

Samphis on

Posts

  • supabeastsupabeast Registered User regular
    edited March 2007
    Check the IRS website, or call them, and see how to handle it. Personally, I wouldn't even deposit it, that way they can just issue you a new one and you don't have to worry about the IRS fucking up your bank account when they take the $1000 back.

    supabeast on
  • SamphisSamphis Registered User regular
    edited March 2007
    supabeast wrote: »
    Check the IRS website, or call them, and see how to handle it. Personally, I wouldn't even deposit it, that way they can just issue you a new one and you don't have to worry about the IRS fucking up your bank account when they take the $1000 back.

    Well, it was direct deposited, so it's already there. I was just really surprised to see it far larger than the amount I filed for. I'll check the website out. Thanks!

    Samphis on
  • drinkinstoutdrinkinstout Registered User regular
    edited March 2007
    are you sure it isnt your federal and state combined?

    drinkinstout on
  • MuddBuddMuddBudd Registered User regular
    edited March 2007
    Immediately contact the IRS and have them figure out what happened.

    MuddBudd on
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  • ShimShamShimSham Registered User regular
    edited March 2007
    MuddBudd wrote: »
    Immediately contact the IRS and have them figure out what happened.
    Yeah, it's usually not one of those, "Oops, our mistake, and since it was you can go ahead and keep that extra we accidentally gave you"

    So yeah.

    Ask'em, or call your accountant if you used one.

    ShimSham on
  • a penguina penguin Registered User regular
    edited March 2007
    This happened to me once, and it turned out it was actually my money. I had forgotten to claim myself on my tax return :oops: .

    Hey, it was my first tax return. I've been learned now.

    But yeah, as long as you don't start spending and check it out, you'll be fine.

    a penguin on
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  • ThanatosThanatos Registered User regular
    edited March 2007
    Under no circumstances should you spend it. I really, really doubt they'll tell you to just keep it.

    First thing you should do is double-check your return, make sure you didn't make a mistake, and that it is definitely not your money.

    Next, call the IRS. If they say just to keep it and not worry about it, make them send you a letter, something in writing, and keep that (I really, really doubt this will happen). Again, do not spend that money.

    Thanatos on
  • edited March 2007
    This content has been removed.

  • SamphisSamphis Registered User regular
    edited March 2007
    So it turns out that you can claim more than 2500 in student loans if filing married. So that's what it turned out to be. We got the whole amount of our student loan interest back. I'll be spending $200 on fun stuff and the rest of the tax refund will be invested.

    Kick Ass!

    Samphis on
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