IRS Interest Rates Stay Same
Posted by taxguru on March 13, 2007
IRS has announced that their interest rates for the quarter from April 1 through June 30, 2007 will remain the same as they currently are.
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eight (8) percent for overpayments [seven (7) percent in the case of a corporation];
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eight (8) percent for underpayments;
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ten (10) percent for large corporate underpayments; and
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five and one-half (5.5) percent for the portion of a corporate overpayment exceeding $10,000
I have updated this on my Quick Reference page.
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