TaxCPANY Posted March 8, 2023 Report Share Posted March 8, 2023 Per Tax Adviser, 2/27/23: https://www.thetaxadviser.com/news/2023/feb/district-court-holds-irs-owes-tax-preparers-partial-refund-of-ptin-fees.html IRS owes tax preparers PTIN partial refunds.pdf Quote Link to comment Share on other sites More sharing options...
Lee B Posted March 8, 2023 Report Share Posted March 8, 2023 I am sure the IRS will appeal this. It will be in court system forever. 4 Quote Link to comment Share on other sites More sharing options...
BulldogTom Posted March 8, 2023 Report Share Posted March 8, 2023 Will we get interest? And a 1099INT? And a 1099MISC? Tom Longview, TX 4 2 Quote Link to comment Share on other sites More sharing options...
Catherine Posted March 10, 2023 Report Share Posted March 10, 2023 We'll each get back thirty-five cents per year involved. Reportable as income. Pardon me for not holding my breath. 5 1 Quote Link to comment Share on other sites More sharing options...
Lee B Posted March 10, 2023 Report Share Posted March 10, 2023 It would be a taxable refund. It wouldn't bother me if I didn't receive a penny. It wasn't that much anyway. 2 Quote Link to comment Share on other sites More sharing options...
BulldogTom Posted March 10, 2023 Report Share Posted March 10, 2023 IRS will put 87,000 new employees on the task of determining how much they owe us, and charge their time in the cost of running the program and send us all a bill.... OK, that is stupid, but I thought it was funny before I actually typed the sentence. Tom Longview, TX 2 4 Quote Link to comment Share on other sites More sharing options...
Abby Normal Posted March 10, 2023 Report Share Posted March 10, 2023 I look forward to buying a gas station coffee with my refund... or a small box of mints. 3 3 Quote Link to comment Share on other sites More sharing options...
mcb39 Posted March 11, 2023 Report Share Posted March 11, 2023 This happened once before. I don't believe it would be taxable because it was paid for with after tax dollars. However, I don't know and I don't care. Give it to a worthy Charity and call it the "Great Tax Preparers' Donation Act". 2 Quote Link to comment Share on other sites More sharing options...
Lee B Posted March 11, 2023 Report Share Posted March 11, 2023 It would be taxable to me because I deducted the fee on my business tax return. 3 Quote Link to comment Share on other sites More sharing options...
Terry D EA Posted March 16, 2023 Report Share Posted March 16, 2023 Yeah me too. Like others, I don't care as it is not enough money to worry about. However, I did not like the $149.00 or whatever it was to renew my EA. I want to know what the IRS does for EA's that whatever the service is costs that much. That fee was more than double the fee a year or two ago. My first year was $67.00. 1 Quote Link to comment Share on other sites More sharing options...
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