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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (62079)	11/3/1999 4:19:00 PM
From: epicure	Respond to of 108807

The government always has strange Byzantine rules for itself- usually rules that screw anyone not the government. So your story does not surprise me.

To: Lizzie Tudor who wrote (62079)	11/4/1999 10:53:00 AM
From: Ilaine	Read Replies (1) \| Respond to of 108807

I was just talking to a lawyer who overpaid his taxes three years ago, and dilly-dallied about getting his refund, finally filed at the last minute (typical lawyer! not that I am any better), but made a serious boo-boo. He mailed his request for a refund on April 15, but the IRS didn't receive it until April 16, and for refunds it's not the mail date that counts, it's the receipt date. There is a three year statute of limitations for refunds, and he blew it big-time. Now all he can do is take it as a loss, which reduces his taxable income, but it's not anywhere as good as a dollar-for-dollar credit against taxes.