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Random refund check from IRS

Posted on 10/12/22 at 10:18 pm
Posted by austiger
Austin
Member since Apr 2012
744 posts
Posted on 10/12/22 at 10:18 pm
how many of you have gotten a random refund check from the IRS? did you find out why?

we got one after coming home from disney vacation. kismet, I suppose... I cashed it like it was on fire but am curious why.
Posted by weadjust
Member since Aug 2012
15104 posts
Posted on 10/12/22 at 11:09 pm to
I did about a couple of months ago. It was $1.24 I still have it if you want it
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7431 posts
Posted on 10/13/22 at 5:50 am to
quote:

how many of you have gotten a random refund check from the IRS? did you find out why? we got one after coming home from disney vacation. kismet, I suppose... I cashed it like it was on fire but am curious why.


If you filed via paper or they were in extended processing of your return, they held the taxes that you prepaid in an interest bearing account and sent you the interest and difference in their calculations once the return was approved and accepted. Good thing you did still under pay, otherwise they would be charging penalties and interest on what ever was underpaid.

I remember one year that happened to me on a state or federal return, and I got a dollar and change added to the check for waiting.
Posted by SmackoverHawg
Member since Oct 2011
27341 posts
Posted on 10/13/22 at 9:00 am to
Got $13,000 about 7 years ago. Still in the bank waiting for them to ask for it back. I think I have tax PTSD.
Posted by el Gaucho
He/They
Member since Dec 2010
53009 posts
Posted on 10/13/22 at 3:18 pm to
It’s a trap don’t cash it
Posted by slackster
Houston
Member since Mar 2009
84896 posts
Posted on 10/13/22 at 3:26 pm to
I believe they’ll correct entry errors for you if they can reconcile them using w4s, 1099s, etc. that they receive for you.
Posted by texn
Pronouns: Y'All/Y'All's
Member since Nov 2019
3505 posts
Posted on 10/13/22 at 4:15 pm to
I remember reading something about the IRS waiving underpayment of tax penalties because of COVID for certain years (i.e. the quarterly estimated tax payments you are supposed to be making if you don't have enough withholding). Perhaps this?
Posted by armsdealer
Member since Feb 2016
11506 posts
Posted on 10/13/22 at 4:45 pm to
We got about a $2k deposit randomly and then 6 months later we got a bill for the $2k plus interest. They wouldn't budge on the interest issue either. Luckily inflation eroded the value of the money much more than the interest.... luckily???
Posted by Hopeful Doc
Member since Sep 2010
14965 posts
Posted on 10/14/22 at 4:41 pm to
I got a letter saying I’ll get a $3k refund and check but not the check.
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