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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: sibe who wrote (8129)1/24/1998 10:47:00 AM
From: sibe  Read Replies (1) of 13949
 
From San Francisco Chronicle (1/24/98)
Associated Press
1,000 Taxpayers Hurt by Year 2000 "Crisis"
Error occurred when IRS tried to fix coding

"The IRS uncovered an unintended side effect of its effort to fix the Year 2000 coputer problem: About 1,000 taxpayers who were current in their tax installment agreements were suddenly declared in default due to a programming error.

"It's believed to be the first evidence at the IRS of taxpayers being stung by the fallout of the 'millenium crisis.'"

Note from sibe: I'm making sure I'm not going to expect any refunds from the IRS the next few years.
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