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OnTheBrink 
Alabama Fan
TN
Member since Mar 2012
1809 posts
| "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/8/13 at 3:51 pm)
LINK
Anyone ever had this happen to them? Maybe not to the extent of $160,000+, but they paid you more than what you were supposed to get?
Some of the comments under the article stated that eventually they would catch the mistake and demand interest.
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drewnbrla 
LSU Fan
Baton Rouge
Member since Mar 2011
849 posts
| re: "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/8/13 at 4:01 pm to OnTheBrink)
You better verify that shite or they'll verify your ass, frick yo wife then kick your dog, and slash your tires on the way out. Seriously, don't frick with the Government
or else...
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OnTheBrink
Alabama Fan
TN
Member since Mar 2012
1809 posts
| re: "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/8/13 at 4:11 pm to drewnbrla)
Oh, this didn't happen to me. Just curious if this is a somewhat common problem.
One of the comments under it stated that he received $20,000 and a couple of years later the IRS came looking for it and demanded interest. Thats fricked up.
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Vols&Shaft83 
Tennessee Fan
Member since Dec 2012
3261 posts
| re: "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/8/13 at 5:14 pm to OnTheBrink)
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GeauxColonels 
USA Fan
Nicholls St. Fan
Member since Oct 2009
12047 posts
| re: "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/8/13 at 9:38 pm to drewnbrla)
Not long after I got out of school, I filed my return and was due a refund. I got back MORE than my return stated I should get back and received a letter from the IRS stating that they found an error on my return and that I understated my refund. I didn't spend the extra for about 3 years.
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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
12689 posts
| re: "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/8/13 at 11:04 pm to OnTheBrink)
Our tax laws are voluntary. This means you volunteer to the government the information that determines your tax libility. So you are presumed to know how much tax you owed versus how much tax you paid, and you are presumed to know when the government sends you money in error.
If the government sends you money in error, then you had best never deposit the check. Contact the IRS and inform them you received a check in error. The reason for doing so is that the IRS will eventually deterine that the mistake was made. When they do they apply IRS accounting rules to the repayment of the outstnding amount, and it may screw up your taxes for several years in which the IRS will assess penalties and interest.
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toosleaux 
Southern Fan
Wired To The T
Member since Dec 2007
2234 posts
| re: "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/9/13 at 10:33 am to drewnbrla)
Damn that was a lot of scrolling.
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NastyTiger 
UConn Fan
Hammond/Baton Rouge/Lafayette
Member since Jun 2005
7911 posts
| re: "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/9/13 at 4:55 pm to OnTheBrink)
GO spend it now!
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joshnorris14 
Florida Fan
Florida
Member since Jan 2009
19554 posts
| re: "The IRS Just Sent Me $160,000. Can I Keep It?" (Posted on 2/9/13 at 6:18 pm to NastyTiger)
Wire it to an off shore bank account and move to China.
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