Ga. tax refund mishap costs $50K

ATLANTA - A January computer glitch that gave thousands of Georgia residents more than $12 million in tax refunds and then yanked the money back has cost the state about $50,000.

The Georgia Department of Revenue paid $20,972 in overdraft fees to cover taxpayers who already spent the refunds only to discover they had been taken away.

Other charges include $21,927 to get letters out to the residents affected. The state also paid $6,733 in fees to Bank of America for sending out, rescinding and then re-depositing the refunds. Some 32,423 residents were affected.

Revenue spokesman Reg Lansberry would not comment on who was responsible for the error and whether any employees have been sanctioned.

http://accesswdun.com/article/2011/3/236862