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To: redfish who wrote (35713)8/22/2005 6:27:00 PM
From: Tommaso  Read Replies (1) | Respond to of 116555
 
Many years ago I filed corrected returns a couple of times and was paid interest on the refund dating from the original date due.

What you say is kind of hard to make any sense of. If the IRS "marks on its books" that one is due a refund, is there any reason that they would not then go ahead and issue the refund?

I am waiting to see if they have just stopped paying interest on refunds.

It used to be that some people would deliberately overpay and then wait before filing a corrected return, in order to make interest. Perhaps they stopped paying interest to stop this practice.



To: redfish who wrote (35713)8/22/2005 7:31:12 PM
From: benwood  Respond to of 116555
 
That isn't the way it worked in the 80s. My wife (before we married) had not even filed for three different years. Technically, they could have fined her for that perhaps, but I got her junk together and helped her file, in one case more than two years late. Because she filed before they contacted her, no penalty, since she had "paid" all her taxes -- i.e. they owned her hundreds of dollars each year. When the checks came, the two old ones had interest added in.


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