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Author: pmarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19372  
Subject: Re: Tax refund Date: 3/6/2002 8:36 PM
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If one overpaid the amount of tax due in 2001 and will receive a refund, is interest paid on the amount of overpayment?

Not unless the refund is paid more than 60 (or 45--I can't remember which) days after the later of 4/15/2002 or the date the return is filed. The interest rate bounces around. I think it's 6% right now.

Phil Marti
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