- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The day before I am to receive my refund the IRS took my monthly payment Will they adjust my refund and add in the dollars they removed but then deducted from my account?
I owed back taxes and my refund was reduced by what was owed. They also deducted my monthly payment the day before I was to receive the refund. Will they adjust my refund again before issuing, adding back in the dollars they originally removed?
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The day before I am to receive my refund the IRS took my monthly payment Will they adjust my refund and add in the dollars they removed but then deducted from my account?
If you are on a payment plan from a previous tax debt, the IRS will automatically keep any new tax refund and apply it to the past debt. This does not reduce your monthly payment amount or change your payment schedule, but will reduce the total number of remaining payments.
If you are now paid in full (or overpaid) as a result of the monthly payment plus refund, the IRS will send you a check for the difference, probably in about 3 weeks.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The day before I am to receive my refund the IRS took my monthly payment Will they adjust my refund and add in the dollars they removed but then deducted from my account?
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The day before I am to receive my refund the IRS took my monthly payment Will they adjust my refund and add in the dollars they removed but then deducted from my account?
If you have not yet received a refund, it will be reduced by the amount you owe. I don't know whether that will take into account a payment from the day before, but if the IRS does end up over-collecting, they will send a check for the difference.
If this has already happened, and your refund was reduced plus a payment was taken and you are now over-paid, the IRS will send a check for the overpayment.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
The day before I am to receive my refund the IRS took my monthly payment Will they adjust my refund and add in the dollars they removed but then deducted from my account?
If you are on a payment plan from a previous tax debt, the IRS will automatically keep any new tax refund and apply it to the past debt. This does not reduce your monthly payment amount or change your payment schedule, but will reduce the total number of remaining payments.
If you are now paid in full (or overpaid) as a result of the monthly payment plus refund, the IRS will send you a check for the difference, probably in about 3 weeks.
Still have questions?
Or browse the Forums