To view the IRS' complete Applicable Federal Rate historical index, please click the button below: IRS AFR Index Short-term IRS AFR Rates - For Loans Up To 3 Years Mar.2025Feb.2025Jan.2025 Annual 4.31% 4.34% 4.33% Mid-term IRS AFR Rates - For Loans More Than 3 & Up To 9 Years ...
If you lent someone money at zero interest, you might assume that the loan has no tax implications. But you may owe imputed interest. When you don't charge interest on a loan, or make a “below-market-rate loan”, the IRS may still tax you. Imputed inter
Table 2 contains the short-term, mid-term, and long-term adjusted applicable federal rates (adjusted AFR) for the current month for purposes of section 1288(b). Table 3 sets forth the adjusted federal long-term rate and the long-term tax-exempt rate described in section 382(f). Table 4...
a minimum rate set by the IRS (known as the Applicable Federal Rate or AFR) must be charged. The AFRs announced for May are historically low: just 0.25%, 0.58% and 1.15% for short-term (up to three years), midterm (three to nine years) and long-term (over nine ye...
a minimum rate set by the IRS (known as the Applicable Federal Rate or AFR) must be charged. The AFRs announced for May are historically low: just 0.25%, 0.58% and 1.15% for short-term (up to three years), midterm (three to nine years) and long-term (over nine years)...