IRS Interest Rates for 2015 Underpayments

DCPBlog

Source: http://laughlinusa.com/blog/irs-interest-rates-will-remain/

Source: http://laughlinusa.com/blog/irs-interest-rates-will-remain/

The IRS announced that interest rates will remain the same for the calendar quarter beginning January 1, 2016, as they were in the previous quarter. The rates will be:

  • 3% for over payments (2% percent in the case of a corporation).
  • 3% percent for underpayments.
  • 5% percent for large corporate underpayments.

0.5% percent for the portion of a corporate over payment exceeding $10,000