Irs Interest Rates 2024 On Payment Plans. Fees for irs installment plans. 8% for overpayments (7% for corporations) 8% for the underpayment of taxes.
If you owe money to the irs where interest accrues (like with a payment plan), the interest you pay as of may 1, 2024, is 8%, with interest compounded daily. Irs payment plans explained who can garnish an income tax refund?
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