IRS Interest Rates for 2015 Underpayments




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