Income tax refund greater than taxes paid

Question by annette21054 Reward: 100 Pond Points + 10 Knowledge Tokens Status: Pending a resolution
I received an income tax refund greater than the income tax I paid? How is this possible?



Reply from toddsteppenwolf User Rating:  2640 Knowledge Tokens
it could be an error in the federal tax computer, if they catch it and u spent the money they can and will make you repay it, i would call a federal or state income tax office and have them bring up your account and see what if anything was wrong before you spend it, calling them and asking is free, but not free to being told to repay it, wether they sent it in error or not, they will make you repay it, hope this helped you
Reply Rating: 0    


Reply from toddsteppenwolf User Rating:  2640 Knowledge Tokens
the computers are accurate, but it was a human that put ur info in the puter so they might have typed a wrong number some where, so i would call a tax help line to make sure
Reply Rating: 0    

Click here to begin asking FREE questions


Although this question is closed, you can still post comments for others to read.



Some other Finance questions you may be interested in: Your Reward:
1  Pension overpayment. Log in to view
2  x husband claiming a injured spouse a... Log in to view
3  cannot remember symbols to invest int... 100 Points
4  OPEN END LOANS 25 Points
5  Business 100 Points


Information provided on AnswerPond.com is not intended to substitute for informed expert medical, psychiatric, psychological, tax, legal, computer, investment, accounting, or other professional advice. For questions that require professional advice, please consult a qualified provider who is licensed in your state or country.