1999 taxes not filed ( IRS owes you )1000. 00 extra was withheld above taxes?Will they credit you?

Question

By my choice in 1999 I had additional money withheld from each paycheck (above the amount already taken -single 0 0) It added up to almost $900.00 extra that should not of been sent in .I know its to late to request refund..Will the IRS apply amount that should of been refunded to a year if money was owed to them ?How can the IRS garnish wages one year when they no money was owed to that person for a previous year

Answer 1

Unfortunately you wouldn't be able to get the $1k.

IRS do not automatically refund tax payers money. You have to amend your tax return as soon as you discover the mistake. However, you can only do 3 years back.

Best wishes.

Answer 2

This comes directly from the IRS Publication:

Statutes of Limitation
Another reason to file is because the clock is running on any refunds due. In cases where a return was not filed, the law provides most taxpayers with a three-year window of opportunity for claiming a refund. If no return is filed to claim the refund within the three years, the money becomes the property of the U.S. Treasury. After the expiration of the refund statute, not only does the law prevent the issuance of a refund check, it also prevents the application of any credits, including overpayments of estimated or withholding taxes, to other tax years that are underpaid.

On the other hand, the statute of limitations for IRS to assess and collect any outstanding balances does not start until a return has been filed. In other words, there is no statute of limittions for assessing and collecting the tax if no return has been filed.

Answer 3

The IRS looks at each year's return separately, and does not carry over overpayments from one year toward the next.

And unfortunately it's way too late, as you say, to request a refund from 1999.

They have changed their procedures now to where, if your return shows xxxx paid in and you really paid more than that, so you have an overpayment, they do automatically recognize that and notify you. I don't think that was happening in 1999 though - and in any case, it's too late now.

Answer 4

NO. the 3 year rule work this way. 1999 federal income tax return is due april 15, 2000. 3 year from 2000 is 2003 so april 15, 2003 is last date you can file to get a refund or in your case a carryforward to the next year. other wise your out of luck.

Rule is set up so that you have 3 year to sent in you tax return. That is what they call a "reasonable amount of time to file a tax return."

Should you fail to do that then the trust fund for those year are gone and you can't get you refund back to do what ever you want with this. any other year is illrevent to the year in question.


got it? you don't have to like it but but it is what it is.

Answer 5

I asked the IRS about this once. They told me you have to file a return to get a refund. As far as crediting next year, I don't think it's automatic. I'd suggest calling the IRS (they have a toll-free number listed in your phone book) and ask to speak to a representative. They're actually very helpful, and most are polite about it. I'm sure they can help you know what you should, or can, do.

Answer 6

according to the IRS's internet site, the rebate is thoroughly become self reliant from in spite of volume you owe or gets refunded with your return. they choose you to pay what's due, and could then deliver the rebate verify with the others in the excellent volume. in case you do no longer pay, in spite of the undeniable fact that, they'll possibly basically decrease your rebate and stick to it against your stability due, yet they'll possibly additionally upload some interest and outcomes for underpayment and you gets below the steadiness back.

Answer 7

To add to the discussion, however if you owe them the three year rule does not apply!