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Get your taxes done using TurboTax
Just to let everyone know the IRS still has an internal glitch re Form 8960. I spoke with their agents today because I received a significantly larger refund that I should have received. They sent a paper check for the amount that was above the amount I carried over to 2023 taxes. On 8960 they took out line 4a twice instead of just once and it generated a false larger refund. I am going to return the refund check with a copy of the transcript and the mistake their computers made. Otherwise, if I cash it, they will want it back and will pursue getting it back. Am following the IRS agents instructions. Everyone needs to see if they are getting larger returns than they expected.
March 20, 2023
12:47 PM