cris66
Level 1
09-15-2021
04:31 PM
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My client made an estimated payment in 2014 of $25,000 and never filed the return. Can they still file and apply the $25,000 estimated payment?
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Just-Lisa-Now-
Level 15
09-15-2021
04:39 PM
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They probably got an IRS letter a few years ago telling them they had a credit and to file a return by XX date in order to not lose it.....2014 was a looong time ago, they may be outta luck.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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PATAX
Level 15
09-15-2021
07:05 PM
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My experience with the IRS is that they are honest... If an overpayment exists that the client was unaware of, then eventually they would either get a letter informing them of this or they would send the overpayment to them... Just my opinion...