Small Business Taxes & Management--Copyright 2024, A/N Group, Inc.
This is a condensed list of recent IRS interest rates on over- and underpayments (past, current, and next quarter, if available) and the Applicable Federal Rate (immediate past, current and next month, if available) and the Blended Annual Applicable Federal Rate for the most recent four years. For prior periods, additional information on the rates, and links to the IRS pages for more detailed information, go to our web page IRS Interest Rates.
Interest Rate on Noncorporate Overpayments and Underpayments
Dates Overpayments Underpayments
Jan. 1, 2024 -- Jun. 30, 2024 8% 8%
Jan. 1, 2024 -- Mar. 31, 2024 8% 8%
Oct. 1, 2023 -- Dec. 31, 2023 8% 8%
Jul. 1, 2023 -- Sep. 30, 2023 7% 7%
Interest Rate on Corporate Overpayments and Underpayments
Dates Overpayments Underpayments
Apr. 1, 2024 -- Jun. 30, 2024 7% 8%
Jan. 1, 2024 -- Mar. 31, 2024 7% 8%
Oct. 1, 2023 -- Dec. 31, 2023 7% 8%
Jul. 1, 2023 -- Sep. 30, 2023 6% 7%
Interest Rate on Large Corporate Overpayments and Underpayments
Dates Overpayments Underpayments
Apr. 1, 2024 -- Jun. 30, 2024 5.5% 10%
Jan. 1, 2024 -- Mar. 31, 2024 5.5% 10%
Oct. 1, 2023 -- Dec. 31, 2023 5.5% 10%
Jul. 1, 2023 -- Sep. 30, 2023 4.5% 9%
Applicable Federal Rates
Date Short-Term Mid-Term Long-Term Sec. 7520 Rev. Rul.
April, 2024 4.89% 4.30% 4.45% 5.2% 2024-07
March, 2024 4.71% 4.13% 4.40% 5.0% 2024-04
February, 2024 4.68% 3.98% 4.18% 4.8% 2024-03
January, 2024 5.00% 4.37% 4.54% 5.2% 2024-02
Blended Annual Applicable Federal Rates:
2023 4.65&
2022 1.40%
2021 0.13%
2020 0.89%
2019 2.42%
2018 2.03%
Note: The blended rate for a year is published along with the AFRs for July of that year and usually released around June 20.
Copyright 2024 by A/N Group, Inc. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is distributed with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional should be sought. The information is not necessarily a complete summary of all materials on the subject. Copyright is not claimed on material from U.S. Government sources.--ISSN 1089-1536
Last update 03/15/24