Does the IRS pay interest on monthly basis or annually?


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IRS Interest is charged on taxes paid late even if an extension of time to file is granted A RIC that does not pay the tax when due generally may be penalized ½ of 1% of the ... Form 945, Annual Return of Withheld Federal Income Tax. .... the RIC may take into account on a monthly basis its distributive share of

Answered by Alliah M. -

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