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Level 2
August 26, 2020
Question

Wrong Deposit amount

  • August 26, 2020
  • 1 reply
  • 2 views

I got a $9.50 deposit from the IRS.  It is the wrong amount and I'm missing several hundred dollars.  I do not owe taxes or student loans. I never had this happen.  I'm not sure what happened. what I need to do. 

Any suggestions would be appreciated.   

1 reply

DoninGA
Level 15
Level 15
August 26, 2020

The IRS is posting interest for the unpaid federal tax refund.

Go to this IRS website for information - https://www.irs.gov/newsroom/13-point-9-million-americans-to-receive-irs-tax-refund-interest-taxable-payments-to-average-18-dollars

Level 2
August 27, 2020

Thank you!  It was so confusing and when I googled it just said I probably owed taxes which I don't. 

It was such an odd amount.   Thanks again.