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  • Now THAT'S A Refund!

Now THAT'S A Refund!

Kelly Phillips ErbAugust 26, 2009May 17, 2020

Laura Schultz was expecting to hear from the IRS. After all, the Denver-area house cleaner owed the IRS about $80. But when she opened up a letter from the IRS, it wasn’t quite what she was expecting: a refund check for $122,783.51.

Schultz felt that it was a mistake – and it was. She called the Internal Revenue Service (IRS) and they told her to destroy the check, which she did.

Of course, I know what you’re thinking: why didn’t she just keep the check? Because she knew better. I’ve gotten this call more than once from a client. The IRS always figures it out eventually (it’s pretty hard to misplace more than $100,000 for long) and you’re then stuck with repaying the principal plus interest. And trust me, that’s not a letter that you want to get…

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Kelly Phillips Erb
Kelly Phillips Erb is a tax attorney, tax writer, and podcaster.
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2 thoughts on “Now THAT'S A Refund!”

  1. My Journey says:
    August 26, 2009 at 2:44 pm

    I’d love to know if the person/system that issued the check ever gets reprimanded?

    Reply
    1. Kelly says:
      August 27, 2009 at 10:20 am

      I dunno, that’s a great question. My gut is yes.

      Reply

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