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To: End Times Sentinel

If you owed tax on 2019 your overpayment from 2020 should offset to the 2019 balance, but should be credited as of the due date of the 2020 return (04/15/2021). It won’t cancel out the 2019 interest and penalties but it will help. Sounds like you filed paper returns rather than filing electronically. It’s a national disgrace the IRS can’t process paper returns with anything approaching efficiency now.


11 posted on 06/23/2022 5:51:20 PM PDT by Auntie Dem (Hey! Hey! Ho! Ho! Terrorist lovers gotta go!)
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To: Auntie Dem
If you owed tax on 2019 your overpayment from 2020 should offset to the 2019 balance.

Thanks for the insight! I'm not good with this type of stuff, and it wasn't until early this year that I hired a tax accountant to get this all straightened out. But, when dealing with the GOV. expect the worst and you'll only be disappointed most of the time.

13 posted on 06/23/2022 6:38:48 PM PDT by End Times Sentinel (In the conflict between the stone and the stream, the stream will always prevail.)
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To: Auntie Dem

My daughter filed 1040-X in June 2021 for a refund.
It took IRS exactly 12 months to send her the funds.
It was a simple 1040-X, she had simply forgotten to use her simple IRA contribution to reduce her tax due.


15 posted on 06/23/2022 7:15:11 PM PDT by entropy12 (Trump/DeSantis & MAGA! are the only way to keep USA viable.)
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