Join Date: Aug 2005
Location: Ellicott City, MD
Holy crap, interest rate
You may be thinking, "What is Matt complaining about? Credit cards? Personal loan rates? Auto loans?"
Nope, state back tax interest rates. Well long story long, I have been battling with the IRS for about 5 months now to get my 2006 taxes straightened out. I owed about $500 in back taxes and interest. Still getting the IRS shit straightened out because they keep missing information on my Schedule D and D-1 (twice so far, lets see if the third time is the charm, I spoke with someone who actually sounded like they might be smarter then a 5th grader this last time and faxed my stuff in to her, so fingers crossed).
So that aside, once it is finally straightened out I have to pay Maryland my back taxes since I screwed up my 2006 report. Well the IRS interest is a resonably 4% per year. Not so much for the state of Maryland. 13% per year!!!
WHAT THE FUCK! My credit card has a lower interest rate (not that I have had a late bill on it). So instead of owing MD something like $240 I am going to owe them more like $350. I get it was my mistake, but holy fucking shit, 13% interest rate. Could you at least lube it before you ram it up my ass?