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Returning Member
posted Aug 26, 2020 3:43:32 PM

Wrong Deposit amount

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.   

0 2 615
2 Replies
Level 15
Aug 26, 2020 4:18:22 PM

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

Returning Member
Aug 27, 2020 8:35:08 AM

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.