I'm almost finished with a payment plan I've been on for a few years and just heard about First Time Abate. I called the IRS and requested it, and it was granted. It was actually pretty easy. However, the IRS agent (who really didn't seem to have a good grasp of anything) said it would cover the balance of my payment plan, which is only a few hundred dollars, but that I wouldn't get anything back. The penalties and interest I've paid are much more than the few hundred I currently owe, so I was expecting that having these waived would result in a refund. Is this correct, or does it really only cover the current (very small) balance? Should I try calling back or writing a letter? Should I just wait and see if a refund shows up?
