Right. The "Form 8960 error" is not over- some of us at least are (incorrectly) getting a refund, from the IRS tax transcript vs. TT calcs on 8960. And from IRS's own spreadsheet of "known errors". The question is- what do people do, when they get incorrect refunds.
Technically, the IRS says "don't take it". So, great, I get to call the IRS and explain that they are wrong. I'm a crazy busy person so this is not awesome.
IRS Web page says:
Not Entitled to Refund Received
If you receive a refund to which you're not entitled, or for an amount that's more than you expected, don't cash the check. For a direct deposit that was greater than expected, immediately contact the IRS at [phone number removed] and your bank or financial institution. If you receive a notice from the IRS explaining an adjustment to a refund amount, you should do as instructed in the notice. For information about returning an erroneous refund, see Topic No. 161.
Which says-
When the amount of the refund (paper check or direct deposit) is different than what was expected, indicating the IRS changed the amount, a notice explaining the adjustment is mailed to your address of record. Please review the information in the notice to determine if the change to the refund is correct. A toll-free telephone number is included on the notice in case you require further assistance.
So I get to wait for the mail from IRS, then contact the IRS. All over like $100 (sigh).
