Tax Guru – Ker$tetter Letter

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IRS Interest Rates

Posted by taxguru on March 1, 2010

Interest Rates Remain the Same for the Second Quarter of 2010

Four (4) percent for overpayments [three (3) percent in the case of a corporation];

Four (4) percent for underpayments;

Six (6) percent for large corporate underpayments; and

One and one-half (1.5) percent for the portion of a corporate overpayment exceeding $10,000.

 

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