Here is one I have not encountered before - due to the amount of the refund $136,000 (never have filed for one this large of an amount before) filed in late February 2013 for 2012, Taxpayer received a letter from IRS - (understandably) due to the large amount, that IRS had to contact the W-2 Issuer of the Income and withholding, verification, etc to make sure legitimate - It was all due to some Stock gross up.
No other issues on the Tax Return.
At any rate, it took IRS until May 8, 2013 to finally release the "refund" - Is IRS obligated to also pay interest on the amount of refund , due to the delay of the issuance of the refund check. Maybe only from 4/15/2013 to 5/8/2013??
Just a question, if anyone knows. I do know that sometimes we receive interest on Amended Returns if there is a refund.
Thoughts,
Sandy
No other issues on the Tax Return.
At any rate, it took IRS until May 8, 2013 to finally release the "refund" - Is IRS obligated to also pay interest on the amount of refund , due to the delay of the issuance of the refund check. Maybe only from 4/15/2013 to 5/8/2013??
Just a question, if anyone knows. I do know that sometimes we receive interest on Amended Returns if there is a refund.
Thoughts,
Sandy
Comment