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Level 2
March 23, 2021
Solved

Does the irs charge you interest while they are processing your amended tax return, ie if it takes 4 to 6 months to process?

  • March 23, 2021
  • 1 reply
  • 14 views
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Best answer by macuser_22

If you owe additional tax then interest is charged from the due date of the original tax return until they receive the payment.    As soon as you know the amount you should pay the tax online to stop the interest regardless of how long it takes to process of send a check with the amended return.

1 reply

macuser_22
Alumni - Champ
Alumni - Champ
March 23, 2021

If you owe additional tax then interest is charged from the due date of the original tax return until they receive the payment.    As soon as you know the amount you should pay the tax online to stop the interest regardless of how long it takes to process of send a check with the amended return.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**