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-   -   Refund Check (https://www.askmehelpdesk.com/showthread.php?t=843483)

  • Feb 14, 2019, 08:22 AM
    pastor1189
    Refund Check
    IRS mistakenly (Hypothetical) gave a man one million
    Refund. He notified the IRS promptly. It took some time.
    To correct it. Question is does he get to keep the bank interest
    While he was awaiting instructions
  • Feb 14, 2019, 09:18 AM
    AtlantaTaxExpert
    For much smaller amounts, the IRS will not mind you keeping the interest.

    For a $1 million, they may ask for it.
  • Feb 14, 2019, 11:33 AM
    pastor1189
    Thank you. I just wondered
  • Feb 14, 2019, 12:45 PM
    AtlantaTaxExpert
    Glad to help!
  • Feb 17, 2019, 06:02 AM
    ebaines
    I wonder if you’re thinking about the case of the man in FL who filed a tax return claiming $17,000 in wages and $1 million in tax withholding, netting him a (fraudulent) refund check of $980,000?

    https://www.nytimes.com/2019/02/16/u...und-check.html
  • Feb 17, 2019, 07:55 AM
    pastor1189
    Similar but different in total

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