Tuesday, January 10, 2017

Applicable Federal Rates for January

The Section 7520 rate for January 2017 is 2.4%, while the Applicable Federal Rates (AFRs) are as follows (Rev. Rul. 2017-2, 2017-3 IRB):

Annual Semiannual Quarterly Monthly 
Short-term (≤ 3 years)0.96%0.96%0.96%0.96%

Mid-term (> 3 years but ≤ 9 years)
1.97%1.96%1.96%1.95%
Long-term (> 9 years)2.75%2.73%2.72%
2.71%

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