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what does it mean on a tax transcript a neg. amount?

Asked by: dtba 2447 views YA Discussion

ordered 2010 tax transcript from IRS, rec’d today, under refund or amount owed, it has a $ -3674.00 What doe this mean, since I never rec’d a letter or a refund from IRS????
I have never rec’d anything from the IRS regarding my 2010 tax return. Everytime I called the IRS, the reps kept saying it was being processed. But, never received a refund or a bill. So I’m confused on what this negative amount is?

1 Answers

  1. Tax Queen on Feb 28, 2012 Reply

    That appears to be an overpayment, the way you wrote it.

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