The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/has-your-check-to-the-quotdept-of-30664311.aspx

Subject:  Re: Amended return issue Date:  5/2/2013  2:04 PM
Author:  irasmilo Number:  118571 of 121585

Has your check to the "Dept of Treasury/IRS" cleared?

That's irrelevant. The IRS will deposit all checks when received, whether "entitled" to the money or not. The amended return will work its way through the system in 2-3 months (or more) and then the tax liability will be compared to the payment record and a bill or refund issued.

Ira
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us