IRS Interest Rates
IRS Interest Rates — 1st Quarter (January through March 31) | 2022 | 2021 |
---|---|---|
Paid on overpayments by individuals | 3% | 3% |
Charged on underpayments by individuals | 3% | 3% |
Paid on overpayments by corporations | 2% | 2% |
Paid on corporate overpayments exceeding $10,000 | 0.5% | 0.5% |
Charged on underpayments by corporations | 3% | 3% |
Charged on large corporate underpayments | 8% | 5% |
IRS Interest Rates — 2nd Quarter (April 1 through June 30) | 2022 | 2021 |
---|---|---|
Paid on overpayments by individuals | 4% | 3% |
Charged on underpayments by individuals | 4% | 3% |
Paid on overpayments by corporations | 3% | 2% |
Paid on corporate overpayments exceeding $10,000 | 1.5% | 0.5% |
Charged on underpayments by corporations | 4% | 3% |
Charged on large corporate underpayments | 6% | 5% |
IRS Interest Rates — 3rd Quarter (July 1 through Sept 30) | 2022 | 2021 |
---|---|---|
Paid on overpayments by individuals | 5% | 3% |
Charged on underpayments by individuals | 5% | 3% |
Paid on overpayments by corporations | 4% | 2% |
Paid on corporate overpayments exceeding $10,000 | 2.5% | 0.5% |
Charged on underpayments by corporations | 5% | 3% |
Charged on large corporate underpayments | 7% | 5% |
IRS Interest Rates — 4th Quarter (Sept 31 through Dec 31) | 2022 | 2021 |
---|---|---|
Paid on overpayments by individuals | 6% | 3% |
Charged on underpayments by individuals | 6% | 3% |
Paid on overpayments by corporations | 5% | 2% |
Paid on corporate overpayments exceeding $10,000 | 3.5% | 0.5% |
Charged on underpayments by corporations | 6% | 3% |
Charged on large corporate underpayments | 8% | 5% |
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