@Teryan14 wrote:
I understand what the IRS states... " IRS has an administrative time (typically 45 days) to process your return without paying interest on your refund." They did not process and update until the 46th day, thus exceeding their administrative time. Then did not receive my payment for an additional 2 days. SO 48 days. IF I paid 3 days late they charge me interest- it is a "two way street" as they state.
The IRS page you are probably quoting does not actually correctly quote the law.
Interest is due if the refund is paid more than 45 days after the filing deadline, or more than 45 days after the filing date if the filing date is after the filing deadline. In other words, for all returns filed before the filing deadline, no interest is paid unless the refund is more than 45 days after the filing deadline, not 45 days after the actual filing date.
https://www.law.cornell.edu/uscode/text/26/6611
If any overpayment of tax imposed by this title is refunded within 45 days after the last day prescribed for filing the return of such tax (determined without regard to any extension of time for filing the return) or, in the case of a return filed after such last date, is refunded within 45 days after the date the return is filed, no interest shall be allowed under subsection (a) on such overpayment.
