Procrastination May Pay This Tax Filing Season, IRS Says

June 24, 2020, 7:09 PM

Taxpayers who are owed a refund may also get a second check this year if they took advantage of the July 15 extended filing deadline, according to the Internal Revenue Service.

Individuals eligible for a refund who didn’t receive one by April 15 will get paid interest, accruing from the original April filing deadline to the date that the refund is issued, the IRS said in a statement Wednesday. The interest rate is 5% through June 30 and 3% after that. The interest payment may come separately from the refund.

The announcement is an added bonus for taxpayers who waited ...

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