- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
interest on income tax payments
Posted on 4/15/14 at 9:27 am
Posted on 4/15/14 at 9:27 am
A lady I work with owes the irs about 2500.00 says she is gonna go up there with a check today to send off, but is gonna check with them first to see how much interest would be charged if she made payments. Can one of you tax guru's enlighten me on how percent they change and how long you usually have to pay it off ?? Thanks
1
Posted on 4/15/14 at 9:48 am to keeton350
LINK
The tax guys here will probably be able to give you a more detailed answer.
quote:
Generally, interest is charged on any unpaid tax from the original due date of the return until the date of payment. The interest rate on unpaid Federal tax is determined and posted every three months. It is the federal short–term interest rate plus 3 percent. Interest is compounded daily.
The tax guys here will probably be able to give you a more detailed answer.
This post was edited on 4/15/14 at 9:49 am
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News