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STATEMENT OF ACCOUNT
Account balance before this change
Decrease in tax because of this change $1,563.00CR
Interest earned * 180.74CR
Amount to be refunded to you if
you owe no other obligations $1,743.74
You may have already received this check. If not,
please allow 2 weeks for it to be mailed to you, unless
there are other matters pending which could postpone
your refund.
This is a result of your correspondence of
Feb. 16, 1995.
* Interest earned must be reported as income on
your next income tax return.
Petitioner also presented a handwritten letter from a tax
examiner explaining application of the overpayment for 1986 as
follows:
Dear Mr. Gougler:
This is in reference to our telephone conversation
concerning the above tax account. Our records show we
have adjusted your 1986 account and the credit of
$1,332.93 has been applied to your 1990 tax account.
Therefore, there is no balance due for 1990 tax year.
The remaining credit of $230.07 from 1986 has been
applied to your 1991 tax account. As of June 21, 1995
our records show a balance due of $1,375.79 for 1991
tax year, and $973.76 for the tax year 1992. We are
sorry for any inconvenience this may have caused.
At trial of this case, respondent presented transcripts of
petitioner’s accounts for 1991 and 1992. The transcript for 1991
reflects application of a credit of $230.07 for an overpayment
from 1986, as well as application of withholding tax credits.
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Last modified: May 25, 2011