We are senior citizen who file our own taxes. In 2015 I cashed in some mature EE bonds which were purchased by my now-deceased mother in 1985. My name but not my SS number was also on the bonds. I sent the IRS a check for the estimated tax and included the interest on the bonds in schedule B (along with the payment I'd made on the appropriate line) when we filed our taxes. Two months later we received a check in excess of our expected refund in the exact amount of the estimated tax I'd paid. On advice of an accountant, we returned the check & an explanation. He said not to waste our time calling the IRS.
Meanwhile I received a phone call and then a letter from the bank where I'd cashed the bonds stating they had neglected to report them to the IRS at the time but had now done so.
Yesterday we received a letter from the IRS stating that the estimated payment for interest on the bonds was not necessary and we would be receiving a refund check for the higher amount. I know they are wrong but I am so frustrated I am tempted to cash it. But I am afraid it will come back to bite in in a couple years plus I try to be honest in all my dealings. Meanwhile of course we have yet to enjoy a penny of the refund actually owed us. The only other thing I can think of is to contact our Congressman. Aren't they supposed to help with bureaucratic screw-ups?