IRS Sends Refund Interest Checks To 13.9 Million Taxpayers
PYMNTS
AUGUST 18, 2020
Department of the Treasury and the IRS are planning to send out interest payments totaling $18 on average to 13.9 million Americans who filed their tax returns in the last few months, according to a press release. In any such incident, where the date is postponed from its usual April 15 deadline, the IRS is required to pay interest.
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