Old return

Home Forums General Discussion 2022 Tax Season Old return

  • This topic has 0 replies, 1 voice, and was last updated 1 year ago by WillC.
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    WillC

      If someone could shed some light on my situation I would greatly appreciate it. Alright I received a notice to file my 2015 return, which I did. The thing is I was not expecting a refund but my transcript shows a (-balance) my question is, If a negative balance reflects on the taxpayer account does it mean the IRS will issue a refund? I understand the three years stat on claiming a refund so this is why it’s confusing. Why would they show a balance on transcript just to be like haha I got your money, you should’ve been quicker than that lol but still. Just would like to see anyone experienced this situation. Thanks.

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