Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 

noderman
Apr 19, 2007, 09:39 AM
I noticed something on my federal tax refund check. Printed right under my name, it reads: 5.85 interest. I don't recall having ever seen this before but maybe it was there and I never noticed it before. Anyone have any idea what that means?

Matt3046
Apr 19, 2007, 09:40 AM
Is it saying they paid you, or you paid them?

noderman
Apr 19, 2007, 09:42 AM
It doesn't say either, just those words.

AtlantaTaxExpert
Apr 24, 2007, 10:06 AM
I believe that is the current annual rate of interest the IRS pays on refunds that are overdue.