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June 5, 2019
Solved

Iprepay taxes in the amount of $15,000 each year, this year when I did my taxes even though I posted that amount I am only getting credit for $14,750 paid WHY

  • June 5, 2019
  • 2 replies
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    Best answer by CynthiaR

    It looks like there was taxes due on the return for $250.   The $15,000 was applied to that and resulted a credit for $14,750.  This is the only scenario that could explain this.

    2 replies

    June 5, 2019
    I received a refund last year so how could I owe them additional taxes
    CynthiaRAnswer
    June 5, 2019

    It looks like there was taxes due on the return for $250.   The $15,000 was applied to that and resulted a credit for $14,750.  This is the only scenario that could explain this.