Wednesday, November 18, 2009

Government: Oops, we need our money back.


It turns out the IRS made a mistake. Guess who gets to pay for it.
Remember the big tax rebate we all got as part of the Economic Stimulus Plan? Ok, so maybe you never saw a check in the mail but you did get about 10 extra dollars on each paycheck.

The Washington Post and AP say more than 15 million taxpayers may owe the government.

It turns out the IRS forgot to factor in those of us who have a spouse who also works, that some people work two jobs, or if you are retired. So, say for example you work 2 jobs. You were only supposed to get $400, but because the government's goof-up you actually received $800. When tax time come, you'll have to give that money back.

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