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Author: noratr One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121565  
Subject: Re: Enrolled Agent or CPA? Date: 12/17/2001 3:31 PM
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>> What does H&R Block do if you should have paid LESS than they calculated? <<

That, I don't know. What do others, EAs and CPAs, do?

If IRS discovers that the taxpayer should have gotten back a bigger refund, they refigure it with the good amount and send them the extra money. I know someone who did their own tax return and did not know about Capital Gains tax so he figured out his refund as being less than it should have been - IRS figured it correctly and sent him the correct amount. In the case when the extra $$ is sent past the due date, IRS should send the refund plus interest. But all this is regardless of who prepared it.
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