Comments on: IRS Loses Lawsuit: Refunds for 30 Million Policyholders Possible

By: Labor Day Cookout at the 168th Carnival of Personal Finance

Labor Day Cookout at the 168th Carnival of Personal Finance — Mon, 01 Sep 2008 16:36:40 +0000

[...] you like discovering “found” money? Check out IRS Loses Lawsuit: Refunds for 30 Million Policyholders Possible at My Dollar Plan. Have a read and see if you might be eligible for a refund. Who doesn’t [...]

By: Carnival of Personal Finance #168 - Fire Up the Grill, It’s Labor Day | One Caveman's Financial Journey

Mon, 01 Sep 2008 12:41:59 +0000

[...] My Dollar Plan – IRS Loses Lawsuit: Refunds for 30 Million Policyholders Possible [...]

By: Madison

Madison — Wed, 27 Aug 2008 02:50:55 +0000

@ AnnMarie: Let us all know! We’ll keep our fingers crossed for you that is was 2005 or after!

@ That One Caveman: I’ll be interested to hear how much you got and what the difference would be for you when you do eventually sell it! (The tax won’t come into play until you sell it though.)

@ Ava: It is nice when the IRS loses one isn’t it!

Ironically, I was discussing it with my partner at the IRS and she said that an appeal is likely. In the mean time, they may or may not honor the refunds, so it still looks like there may be battles ahead.

By: Ava Semerau

Ava Semerau — Wed, 27 Aug 2008 00:06:14 +0000

I just heard about this on the WSJ’s podcast and couldn’t help but cheer a bit for the little guy. Finding the accountant is from Minnesota (my home state) made it all the sweeter. I’m with you – spread the word!

By: That One Caveman

That One Caveman — Mon, 25 Aug 2008 18:29:16 +0000

My parents bought a MetLife whole-life policy for me when I was born and I know there’s stock attached to it, but I haven’t sold it. I’ll have to look into this information to see if it’s relevant to me. I hope it means I can get some nice tax cash back!

By: AnnMarie

AnnMarie — Mon, 25 Aug 2008 15:59:41 +0000

THANK YOU! I have to go home to check my records, but I sold my MetLife stock a few years ago. Hopefully, it was in 2005, as I paid quite a bit in taxes!