If the IRS owes you money, the interest rate for overpayments is 8% for all of 2024 (7% for the first quarter of 2025). Quarter (2024) IRS Interest Rate on Overpayments 1st Quarter (January to March 8% 2nd Quarter (April to June) 8% 3rd Quarter (July to September...
admin Dec 19, 2024 Tax Interest Rate For 2025 Q1 The tax interest rate is reassessed every quarter. Non-corporate taxpayers are subject to an overpayment and underpayment rate equal to the federal short-term rate plus an additional 3 percentage points. For the initial quarter of 2025, the ...
Three-quarters (75%) of filers expect a refund, according to anew survey from Intuit Credit Karma, with more than a quarter (27%) of them predicting it will be larger than last year. Other filers, however, are feeling anxious as the April 15 tax deadline looms: Twenty-three percent of...
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