So at what point does the IRS owe us interest

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  • March 22, 2024 at 8:04 am #4539467 Reply
    Mona

      Seriously, When they say nothing is wrong with your return and to just wait,while they sit on the money and collect interest. When do they owe us interest? If they were actually held to it, you’d think they would have more concern in getting people their money

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      • March 29, 2024 at 7:16 am #4539603 Reply
        Mike

          It is longer than 45 days until they pay you interest. I know because they had to pay me and it didn’t start until after the middle of July.

        • March 27, 2024 at 11:50 am #4539571 Reply
          nettie001

            The IRS adds interest if it takes more than 45 days after the filing deadline to process your return and send your refund. The new rate also applies to unpaid balances, making tax debt more costly, experts say.Nov 30, 2022

          • March 27, 2024 at 9:13 am #4539574 Reply
            Mike

              After the middle of July and it is less than a half of a percent. Unlike when you owe them, after April 15th deadline you owe penalties and interest and the interset is a lot more than a half of a percent.

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