Irs 2024 Interest Rates

Irs 2024 Interest Rates. Various prescribed rates for federal income tax purposes including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long. These rates are used for such purposes as.

The irs interest rate on unpaid taxes and tax refunds for individuals is 8% for all of 2024 (the rate is adjusted on a quarterly basis). For individuals, the rate for overpayments and underpayments will be 8% per year, compounded daily.