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What formula are you using to compute the interest?
No, interest on an unpaid federal tax refund does not accrue 45 days after the return is filed. The interest accrues 45 days after the tax deadline, which was April 15, 2024.
if you filed on 2/10 and 45 days later is the end of March and the check is being sent out now, let's call that 3 months. that is 2% for 3 months. (8% divided by a quarter of the year). So the interest should be in and around 2% of the refund.
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