2nd Quarter Interest Rates Increase

April 11, 2018 

Interest rates charged by the IRS on underpaid taxes and applied by the IRS on tax overpayments will increase for the second quarter of 2018 (April 1 through June 30). Here are the new rates:

 

For Individuals

  • 5 percent charged on underpayments
  • 5 percent paid on overpayments

For Corporations:

  • 5 percent charged on underpayments
  • 4 percent paid on overpayments
  • 7 percent charged on large corporate underpayments
  • 2.5 percent paid on the portion of a corporate overpayment exceeding $10,000

Contact Your CPA to Learn More Interest Rates.

Contact Your CPA to Learn More about Interest Rates.

Bringing clarity to your financial world.™

Bringing clarity to your financial world.™