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	<title>CFOsnafu.com &#187; E-filing</title>
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	<description>Some days it should be legal to keep two sets of books</description>
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		<title>IRS glitch doubles refund for lucky few</title>
		<link>http://www.cfosnafu.com/irs-glitch-doubles-refund-for-lucky-few/</link>
		<comments>http://www.cfosnafu.com/irs-glitch-doubles-refund-for-lucky-few/#comments</comments>
		<pubDate>Thu, 22 May 2008 10:01:43 +0000</pubDate>
		<dc:creator>Shane Borer</dc:creator>
				<category><![CDATA[In this week's e-newsletter]]></category>
		<category><![CDATA[Latest news & views]]></category>
		<category><![CDATA[Tech failure]]></category>
		<category><![CDATA[Computer glitch]]></category>
		<category><![CDATA[E-filing]]></category>
		<category><![CDATA[Economic stimulus]]></category>
		<category><![CDATA[Income tax]]></category>
		<category><![CDATA[IRS]]></category>

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		<description><![CDATA[Thanks to a problem with the Service&#8217;s e-filing system, a number of taxpayers will be getting a much-appreciated boost to their income tax rebates. The computer glitch affects taxpayers whose income was below the filing threshold, but e-filed to receive their economic stimulus check. To allow people to e-file their returns, IRS let these people [...]]]></description>
			<content:encoded><![CDATA[<p>Thanks to a problem with the Service&#8217;s e-filing system, a number of taxpayers will be getting a much-appreciated boost to their income tax rebates. <span id="more-120"></span></p>
<p>The computer glitch affects taxpayers whose income was below the filing threshold, but e-filed to receive their economic stimulus check. To allow people to e-file their returns, IRS let these people enter $1 for their adjusted gross income.</p>
<p>But, instead of factoring in that dollar as gross income, the Service&#8217;s system recorded it as a $2 earned income credit for the e-filers.</p>
<p>And in a rare show of generosity, IRS isn&#8217;t asking for the money to be repaid.</p>
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