Ken's Project Blog

January 25, 2011

What the State Giveth

Filed under: Taxation — Ken @ 11:38 pm


The Georgia Department of Revenue, without any warning or notification, withdrew tax refunds it had direct-deposited in some taxpayer bank accounts just a few days earlier. The Department of Revenue cited the possibility of their being errors in the calculations to determine their refunds when asked about the reason for the withdrawals.

A department spokesman said in a written statement that there was a computer system error in the calculation of refunds. To ensure that correct payments were made, the department took the money back. It has corrected the computer error and will begin reissuing refunds.

But what about those taxpayers who saw the deposits in their accounts and spent some or all of their refunds before the State clawed the funds back?

The Department of Revenue will work with banks to try to resolve banking charges made against taxpayers, according to a written statement from the department.

I’m sure that will work out fine for the taxpayers…

Source:

The Atlanta Journal-Constitution: State tax refunds taken back, Georgians left with overdraft fees

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