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IRS Interest Rates Scheduled to Increase

On Behalf of | Mar 21, 2016 | IRS |

The Internal Revenue Service announced an increase to interest rates for the calendar quarter beginning April 1, 2016. The new interest rates will be:

  • 4% for overpayments (3% for corporations up to $10,000 and 1.5% for overpayments exceeding $10,000);
  • 4% for underpayments; and
  • 6% for underpayments by large corporations.

For details about this change and IRS interest rates in general, read the full press release here.



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