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It is interest free if the IRS pays you within N days of you filing. If they're slower, then they pay interest. Where N is some value between like .... 30 and
by dmoy 3y ago
It is interest free if the IRS pays you within N days of you filing. If they're slower, then they pay interest.
Where N is some value between like .... 30 and 90? I forget.
- loeg 3y agoThere are a number of different overpayment interest regimes[1]. Mine was paid based on time elapsed from the time of overpayment (overpaid quarterly estimated taxes). [1]: https://www.irs.gov/payments/interest#pay https://www.irs.gov/payments/interest#pay