Comment: Re:I read that as... (Score 2) 104
Note that the IRS does pay (pretty good) interest, if they owe you enough.
I found that out one year when cleaning up the mess resulting from a forced stock sale (due to a takeover) and a broker that did backup withholding for the entire amount, ignoring the cost basis; but reported to me that a smaller number of shares had been sold, and that nothing had been deducted. After a few go-rounds I got the corrected paperwork in June, and filed a 1040X.
The extra check for the interest was a nice surprise.