The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: Refund question||Date: 8/11/2010 4:55 PM|
|Author: TMFPMarti||Number: 110872 of 122579|
does the IRS pay you interest on your money that they having been holding onto for almost 15 years? If so, what is the interest rate they pay?
They pay the same amount on overpayments that they charge for underpayments (for individuals). The rate adjusts quarterly.
Ordinarily a refund on the periods you mention would be barred by time. Do you have more information about why you think you would be getting a refund?
Rule Your Retirement Home Fool
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|