Owe the IRS money? Your balance is a 7% loan you never signed for, compounded daily — $10,000 owed grows by about $725 in a year (about $178 in just the last 92 days of 2026), and penalties are charged separately on top. We show why paying anything now shrinks every future day's interest. Follow US Money Guide for daily money tips!
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Educational content, not financial advice.