Discussion:E-filed 1040 - Applied overpayment to '09 in error

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Discussion Forum Index --> Advanced Tax Questions --> E-filed 1040 - Applied overpayment to '09 in error


Discussion Forum Index --> Tax Questions --> E-filed 1040 - Applied overpayment to '09 in error

Barbara (talk|edits) said:

4 April 2009
My client had a large overpayment on her 2008 return, and we intended to apply some of it to 2009 and have the rest refunded. Somehow I goofed when I efiled it, and it went in asking for the entire amount to go to 2009. I'm trying to figure out the easiest way to fix this - the client really needs that refund! Should we file an amended return? Should I get a POA and contact the IRS to request a change? Anybody know the best way to straighten this out? Thanks for any suggestions.

Trillium (talk|edits) said:

4 April 2009
There have been discussions in the past about this - try the search if you want to see 'em - and the bottom line is that you (and your client) are out of luck. Once done, cannot be undone.

Ooh - here's a good one, has cites, suggestions, and more! ==> Applied refund but now want it back

DZCPA (talk|edits) said:

5 April 2009
Call your malpractice insurance provider or give your client a loan. You have a big problem. I never had any luck asking for money back from those "bad boys".

Riley2 (talk|edits) said:

6 April 2009
The regs say that the election to apply the overpayment is irrevocable. However, I am not sure that the overpayment has been applied yet.

Deback (talk|edits) said:

April 6, 2009
I would think the overpayment was applied to 2009 at the time the efiled return was accepted by the IRS.

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