re: Just got IRS letter - update

quote:

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Oh OK.

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I don’t know if I’ve ever seen a W-2 family taking the standard deduction getting a 90 day review. It must be so rare that I don’t even know if the Service pays interest on the 90 days of withheld refund. I’ve done about 5 minutes of research and cant find anything. They will charge you if you underreported, but in my shirt 5 minute search can’t find the opposite answer.

I paid them this year. But if I was owed I would look it up further. If it’s a no, this is their new strategy. Keep 3 months of refunds to save the interest.

I loathe the IRS, but this seems really strange. Usually they pay interest just like we do. Just didn’t find anything on point. It’s a strange situation.