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re: Just got IRS letter - update
Posted on 4/29/24 at 9:22 pm to BBONDS25
Posted on 4/29/24 at 9:22 pm to BBONDS25
quote:
I don’t know if I’ve ever seen a W-2 family taking the standard deduction getting a 90 day review.
Same here.
quote:
It must be so rare that I don’t even know if the Service pays interest on the 90 days of withheld refund
They will. They have 21 days I believe before that click starts ticking. And they will 1099 you.
Posted on 4/29/24 at 10:17 pm to OceanMan
Got my refund back it was very little. Before healthcare payments it was $3.
This is the crazy thing. They hold your money due to their mistake. Give you a little interest on it and tax the crap out of their mistake
quote:
And they will 1099 you.
This is the crazy thing. They hold your money due to their mistake. Give you a little interest on it and tax the crap out of their mistake
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