24F-2NT

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October 17, 1994



Securities and Exchange Commission
Attention:  Document Control - EDGAR
450 Fifth Street, N.W.
Washington, D.C.  20549-1004

RE:  Rule 24f-2 Notice for
     IDS Extra Income Fund, Inc.
     Sec File No. 2-86637/811-3848

Gentlemen:

[i]  In accordance with the provisions of
     rule 24f-2, IDS Extra Income Fund, Inc.
     hereby files its Rule 24f-2 Notice for
     the fiscal year ended August 31, 1994
     ("Fiscal Year").

[ii] Amount of securities registered other
     than under 24f-2 which were unsold at the
     beginning of the fiscal year.*                           $0

[iii]Amount of securities regustered during the
     fiscal year other than under 24f-2**                     $0

[iv] Amount of securities sold during the fiscal
     year***                                        $163,204,895

[v]  Amount of securities sold pursuant to 24f-2    $163,204,895

[vi] Fee          $163,204,895   x   0.0003448        $56,273.05

*       0    shares x        $4.16   on     October 13, 1994
**      0    shares x        $4.16   on     October 13, 1994
***  Sales of  $572,257,939   minus redemptions of    $409,053,044

Enclosed please find an opinion of counsel.
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Securities and Exchange Commission
October 17, 1994
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A check for the filing fee in the amount of $56,273.05 has been
wired.

If there are any questions, please contact the undersigned.

Very truly yours,

IDS EXTRA INCOME FUND, INC.



Leslie L. Ogg
Vice President, General Counsel and Treasurer

LLO/SP/cah

Enclosures

EX-99

EXHIBIT INDEX
(b) (10) OPINION OF COUNSEL

EX-99

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October 17, 1994


IDS Extra Income Fund, Inc.
IDS Tower 10
Minneapolis, Minnesota  55440-0010

Gentlemen:

I have examined the Articles of Incorporation and the By-Laws of
the Company and all necessary certificates, permits, minute books,
documents and records of the Company, and the applicable statutes
of the State of Minnesota, and it is my opinion:

(a)  That the Company is a corporation duly organized and existing
     under the laws of the State of Minnesota with an authorized
     capital stock of 10,000,000,000 shares, all of $.01 par
     value, that such shares may be issued as full or fractional
     shares and that on August 31, 1994, 404,491,987 shares were
     issued and outstanding;

(b)  That all such authorized shares are, under the laws of the
     State of Minnesota, redeemable as provided in the Articles of
     Incorporation of the Company and upon redemption shall have
     the status of authorized and unissued shares;

(c)  That the Company registered on December 2, 1983, an
     indefinite number of shares pursuant to Rule 24f-2 and is
     herewith filing a Rule 24f-2 Notice covering the shares sold
     during its Fiscal Period ended August 31, 1994; and

(d)  That shares which were sold at not less than their par value
     and in accordance with applicable federal and state
     securities laws were legally issued, fully paid and
     nonassessable.

I hereby consent that the foregoing opinion may be used in
connection with the Rule 24f-2 Notice.

Very truly yours,



Leslie L. Ogg
Attorney at Law
901 S. Marquette Ave., Suite 2810
Minneapolis, Minnesota  55402-3268

LLO/SP/cah