[IRS Employee's Claim for Reimbursement for Loan Origination Fee]
B-232679
Nov 14, 1988
Skip to Highlights
Highlights
The Internal Revenue Service (IRS) requested a decision concerning a transferred employee's claim for a 2.5-percent loan origination fee he incurred when he purchased a residence at his new duty station. IRS reimbursed the employee for a 1-percent fee. GAO held that the employee was not entitled to reimbursement for the full amount, since the fee included nonreimbursable discounts and points. Accordingly, IRS should not reimburse the employee for more than 1 percent of the loan origination fee.