How The IRS Can Empty Your Bank Account Without Warning
from Zero Hedge:
Having just filed his 2016 taxes, a Zero Hedge reader submits the following bizarre story.
On January 20, the reader filed his Federal tax return using Tim Geithner’s favorite TurboTax software, which the IRS formally accepted three days later, on January 24. One week later, on January 31, the IRS made an automatic deposit into the reader’s bank account, who then used the refund to pay down his credit card debt the very next day.
This is when things turned bizarre, because as our readers writes, just two days later, without warning, on orders of the IRS his bank empties out the bank account handing over its contents to the IRS:
“the IRS emptied our bank account February 3, 2017 for erroneous refund with no notice! (please see attached letter).
The only other thing I could think of was that TurboTax did not work correctly and calculated to large of a refund but the letter from the IRS stated it was a “processing error at the Internal Revenue Service”. The refund we received was the same as what TurboTax calculated. I researched the IRS manual about erroneous refunds and could not find anything referring to a “R17” code as stated in the letter.
Called them. Our return was fine. The amount of refund was fine. Not an identity theft problem. Error on their side. According to the person I spoke with they are doing this to a large block of filers. They seemed hesitant to give more info.
He then adds that “in our phone conversation they told me that the return was fine and the refund amount was correct, it was not an over refund issue but some kind of IRS internal error and they would reissue the same refund after receiving the money back. It makes absolutely no sense to me but this is what I was told.”
So, as our reader summarizes, “no outstanding taxes. Never been audited. Always file on time. Not a small business, just a normal employee W2, not a structuring issue. Only typical deductions and student loan interest. Scrambling to cancel auto payments and trying to figure out how we will pay mortgage and any payment that will not accept credit card.
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).