Comment Re:Only Fools Wait Until The Last Minute (Score 1) 554
The IRS does not pay interest on your refund. Receiving a large refund every year basically gives the government a X dollar interest free loan. You'd be better off getting more money in your paycheck every week and socking it away in a high rate money market account or a mutual fund, even if you wind up owing a little at the end of the year.
However, you do pay interest if you owe the IRS money.
However, you do pay interest if you owe the IRS money.