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And of course they won't be paying interest on a delayed refund, but they definitely want interest if you are slow in paying them.
by rootusrootus 5y ago
And of course they won't be paying interest on a delayed refund, but they definitely want interest if you are slow in paying them.
- ceejayoz 5y agoIf you’re gonna be mad at the IRS, at least be mad about something real. https://www.cnbc.com/select/what-to-do-with-late-tax-return-interest-check/ https://www.cnbc.com/select/what-to-do-with-late-tax-return-... > A long-standing law requires the IRS to pay interest to those who received their tax refunds late — notably 45 days after the typical filing date of April 15. Just as taxpayers must pay interest on any outstanding obligations they owe to the IRS, the rule works both ways if the IRS is late on the money they owe back. They pay 3% interest currently, which is pretty nice.