'My god!': Here's how a Bay Area couple almost paid $30,000 more on their income taxes
Briefly

A couple from Livermore, California, accidentally overpaid the IRS by writing a check for $33,360 instead of the intended $3,360 for their 2025 estimated taxes. The IRS cashed the check despite the discrepancy, leading to bounced checks and a subsequent penalty of $661 for underpayment or late payment. The bank informed them that it only honors the amount written out on the check, and the couple was surprised the IRS did not catch the mistake before cashing the check. The situation caused significant stress and confusion for them.
The couple tried to pay their estimated 2025 taxes, amounting to $3,360, but mistakenly wrote out a check for $33,360, leading to significant issues with the IRS.
Despite writing the correct numerical value of $3,360, the IRS cashed the check with the wrong written amount, resulting in penalties and financial complications for the couple.
Read at ABC7 San Francisco
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