If the IRS sent me a notice that I under paid my taxes and I pay them, then they subsequently issue a refund for over payment of the same taxes, am I obligated to report the overpayment.
Asked on 7/29/13, 4:45 am
1 Answer from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
First of all, there is a question of basic honesty and morals. Second, most likely the IRS will notice the mistake and you'll get a bill for the excess and probably interest.
Answered on 7/29/13, 4:48 am