[Transferred IRS Employee's Claim for Loan Origination Fee]
B-229352
Aug 22, 1988
Skip to Highlights
Highlights
The Internal Revenue Service (IRS) requested a decision regarding a transferred employee's claim for reimbursement for a loan origination fee for purchase of his residence. IRS had allowed partial reimbursement of the fee based on customary charges in the claimant's residential area. The claimant contended that his survey of area lending institutions indicated that loan origination fees consistently exceeded the amount IRS allowed. GAO held that the claimant failed to provide any documentation showing that such fees routinely exceeded the allowed amount. Accordingly, IRS should not reimburse the claimant for the remaining portion of the fee.