JohnB5677
Expert Alumni

Get your taxes done using TurboTax

Not a good idea.

Stop and Start Dates for Overpayment Interest

In general, we pay interest on the amount you overpay starting from the later of the:

  • Tax return filing due date
  • Late filed tax return received date
  • Date we get your return in a format we can process
  • Date the payment was made

We stop paying interest on overpayments on the date we refund your overpayment (and interest) or offset it to an outstanding liability.

 

Exception: We have administrative time (typically 45 days) to issue your refund without paying interest on it.

 

For confirmation and more details see IRS Interest.

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