This morning I noticed that we have a small ACH deposit pending in our bank account from the IRS…“ACH TRANSACTION – IRS TREAS 310”
It is around $35. We received our refund in the full amount in July.
I checked DS’s bank account, and he has a small deposit pending too…same message, but the amount is $1.29
Anyone else seeing this? Any ideas what this could be. Thank you!
I had read that the IRS owes interest on refunds that are paid after a certain date. Because of the extended filing deadline, this will apply to more people. Could this be it?
https://www.businessinsider.com/personal-finance/irs-will-pay-interest-on-delayed-tax-refunds-2020-6
@scorekeeper1 yes, I think that could be it! I didn’t file our taxes until the beginning of July and we got our refunds in mid-July.
I had no idea. Thank you very much!!