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overpayments, with a copy to the National Office. Bakutes
approved the refund in an e-mail message to Dombrowski. In
October 1993, respondent issued a refund check to the Thompsons
in the amount of $32,116.68.
Finally, in December 1993, respondent issued a refund check
of $4,107.93 to the Thompsons for 1980. The check represented an
overpayment credit of $2,257.54 (the amount by which their
$59,545 interest payment exceeded their deficiencies and interest
for 1980 and 1981 after minor adjustments), plus accrued interest
of $1,850.39 on the overpayment credit.
The Thompsons deposited these last two refund checks in
their checking account.
The following table summarizes the payments by the Thompsons
to respondent as well as the subsequent payments, as refunds and
interest on refunds, by respondent to the Thompsons:
Paid by Thompsons:
$59,545 December 31, 1986 and February 17,
1987 payments of interest on
deficiencies under original settlement.
62,225 June 1987 advance payment of
deficiencies for 1979-1981 (net
of $775 credited to tax year 1988).
121,770 Total amount paid for years in issue.
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