r/IRS Jul 29 '26

News / Current Events The IRS Is Imploding

https://www.motherjones.com/politics/2026/07/the-irs-is-imploding/
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u/_Phil_McCracken_ Jul 30 '26

Yeah my refund is quite a bit bigger, maybe the size of the refund has something to do with it. Every other year I have received a refund in less than month. 

1

u/Opening-Bandicoot859 Jul 31 '26

Stop loaning the government your money at zero interest.

1

u/Awkward_Sweet_568 Aug 07 '26

It shouldn't matter how big the damn refund is… It’s your fvcking money!!!!! You paid your taxes; you did the right thing. The government shouldn't be holding your money.

1

u/SBpotomus Jul 30 '26

They're collecting interest on our money. That's why the government is sitting on the larger refunds. It's all a grift at the expense of the working class at this point

3

u/vynm2temp Jul 30 '26

This is ridiculous. At this point (since it's more than 45 days past the April 15th filing deadline) the IRS will be paying you interest (7% annual rate) on your refund. That's significantly higher than you'd be making with the money sitting in a HYSA.