IRS interest rates remain the same for second quarter 2017

Interest rates charged by the IRS on underpaid taxes and applied by the IRS on tax overpayments will remain the same for the second quarter of 2017 (April 1 through June 30). Therefore, the rates will be as follows for individuals and corporations:


For individuals:
• 4% charged on underpayments; 4% paid on overpayments.

For corporations:
• 4% charged on underpayments; 3% paid on overpayments.
• 6% charged on large corporate underpayments.
• 1.5% paid on the portion of a corporate overpayment exceeding $10,000.



Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s