When it's that big of an error, it's pretty easy to know what to do. The real temptation comes when it's just a little bit more than it's supposed to be.
It *did* happen to me. To the tune of a much greater amount than the above. I called the bank. It was gone within 15 minutes. Scrubbed clean of any trace it happened. It was fun being "Mitt Romney" for a few minutes. I asked if I got to keep the interest for that day. They didn't laugh.
I guess it was a good thing it was a check. If the refund had been in the form of a debit card, who knows who the feds would have handled the situation.
I would have deposited the check in a safe place: my bank account. On second thought, FDIC insurance is only for the first $100,000, so it would be safer to put it in my brokerage account which is insured for the entire amount. What's the statute of limitations?
Comments (10)
Do the right thing and return it..
But it's curious the IRS didn't go out of their way to make sure she got the correct amount when she returned it.
Posted by tankfixer | May 31, 2012 7:49 PM
I'd prepay my Portland water sewer bill for the next 20 years and then go to Hawaii with a waitress from Union Jacks.
Posted by Skeezicks | May 31, 2012 8:59 PM
Send it back. As Gil Scott-Heron put it, "If they don't get you in the wash, they'll get you in the rinse."
Posted by semi-cynic | May 31, 2012 10:28 PM
When it's that big of an error, it's pretty easy to know what to do. The real temptation comes when it's just a little bit more than it's supposed to be.
Posted by Michelle | June 1, 2012 6:46 AM
It *did* happen to me. To the tune of a much greater amount than the above. I called the bank. It was gone within 15 minutes. Scrubbed clean of any trace it happened. It was fun being "Mitt Romney" for a few minutes. I asked if I got to keep the interest for that day. They didn't laugh.
Posted by Mark Mason | June 1, 2012 6:49 AM
I guess it was a good thing it was a check. If the refund had been in the form of a debit card, who knows who the feds would have handled the situation.
Posted by portland native | June 1, 2012 7:56 AM
Cash it and move to Cuba.
Posted by Jon | June 1, 2012 8:07 AM
"Would you believe I had my first vacation in 23 years last October?"
That sounds about right, ever since the right really succeeded in taking economic policy over. But gosh, what a shitty taunt.
Posted by Shadrach | June 1, 2012 10:13 AM
I would have deposited the check in a safe place: my bank account. On second thought, FDIC insurance is only for the first $100,000, so it would be safer to put it in my brokerage account which is insured for the entire amount. What's the statute of limitations?
Posted by Bill Holmer | June 1, 2012 2:31 PM
I think they prefer to be called 'food servers' now.
Posted by Fran | June 1, 2012 3:27 PM