| |
The current 7520 Rate for March 2010..........3.2%
| Section
7520 Rates |
|
Jan. |
Feb. |
Mar. |
Apr. |
May |
Jun. |
Jul. |
Aug. |
Sep. |
Oct. |
Nov. |
Dec. |
1989 |
|
|
|
|
11.6% |
11.2% |
10.6% |
10.0% |
9.6% |
10.2% |
10.0% |
9.8% |
1990 |
9.6% |
9.8% |
10.2% |
10.6% |
10.6% |
11.0% |
10.6% |
10.4% |
10.2% |
10.6% |
10.6% |
10.2% |
1991 |
9.8% |
9.6% |
9.4% |
9.6% |
9.6% |
9.6% |
9.6% |
9.8% |
9.6% |
9.0% |
8.6% |
8.4% |
1992 |
8.2% |
7.6% |
8.0% |
8.4% |
8.6% |
8.4% |
8.2% |
7.8% |
7.2% |
7.0% |
6.8% |
7.4% |
1993 |
7.6% |
7.6% |
7.0% |
6.6% |
6.6% |
6.4% |
6.6% |
6.4% |
6.4% |
6.0% |
6.0% |
6.2% |
1994 |
6.4% |
6.4% |
6.4% |
7.0% |
7.8% |
8.4% |
8.2% |
8.4% |
8.4% |
8.6% |
9.0% |
9.4% |
1995 |
9.6% |
9.6% |
9.4% |
8.8% |
8.6% |
8.2% |
7.6% |
7.2% |
7.6% |
7.6% |
7.4% |
7.2% |
1996 |
6.8% |
6.8% |
6.6% |
7.0% |
7.6% |
8.0% |
8.2% |
8.2% |
8.0% |
8.0% |
8.0% |
7.6% |
1997 |
7.4% |
7.6% |
7.8% |
7.8% |
8.2% |
8.2% |
8.0% |
7.6% |
7.6% |
7.6% |
7.4% |
7.2% |
1998 |
7.2% |
6.8% |
6.8% |
6.8% |
6.8% |
7.0% |
6.8% |
6.8% |
6.6% |
6.2% |
5.4% |
5.4% |
1999 |
5.6% |
5.6% |
5.8% |
6.4% |
6.2% |
6.4% |
7.0% |
7.2% |
7.2% |
7.2% |
7.4% |
7.4% |
2000 |
7.4% |
8.0% |
8.2% |
8.0% |
7.8% |
8.0% |
8.0% |
7.6% |
7.6% |
7.4% |
7.2% |
7.0% |
2001 |
6.8% |
6.2% |
6.2% |
6.0% |
5.8% |
6.0% |
6.2% |
6.0% |
5.8% |
5.6% |
5.0% |
4.8% |
2002 |
5.4% |
5.6% |
5.4% |
5.6% |
6.0% |
5.8% |
5.6% |
5.2% |
4.6% |
4.2% |
3.6% |
4.0% |
2003 |
4.2% |
4.0% |
3.8% |
3.6% |
3.8% |
3.6% |
3.0% |
3.2% |
4.2% |
4.4% |
4.0% |
4.2% |
2004 |
4.2% |
4.2% |
4.0% |
3.8% |
3.8% |
4.6% |
5.0% |
4.8% |
4.6% |
4.4% |
4.2% |
4.2% |
2005 |
4.6% |
4.6% |
4.6% |
5.0% |
5.2% |
4.8% |
4.6% |
4.8% |
5.0% |
5.0% |
5.0% |
5.4% |
2006 |
5.4% |
5.2% |
5.4% |
5.6% |
5.8% |
6.0% |
6.0% |
6.2% |
6.0% |
5.8% |
5.6% |
5.8% |
2007 |
5.6% |
5.6% |
5.8% |
5.6% |
5.6% |
5.6% |
6.0% |
6.2% |
5.8% |
5.2% |
5.2% |
5.0% |
2008 |
4.4% |
4.2% |
3.6% |
3.4% |
3.2% |
3.8% |
4.2% |
4.2% |
4.2% |
3.8% |
3.6% |
3.4% |
2009 |
2.4% |
2.0% |
2.4% |
2.6% |
2.4% |
2.8% |
3.4% |
3.4% |
3.4% |
3.2% |
3.2% |
3.2% |
2010 |
3.0% |
3.4% |
3.2% |
|
|
|
|
|
|
|
|
|
The above table shows the interest rates that have been used to value life estates, remainders, and annuities since 5/1/1989, using the 1980CNSMT mortality table from 5/1/1989 through 4/30/1999 and Table 90CM from 5/1/1999 to 4/30/2009. Before 5/1/1989, life estates, remainders, and annuities were valued as follows:
- From 12/1/1983 to 4/30/1989, based on a rate of 10 percent and a unisex mortality table that was known as either Table CM (in one publication) or Table LN (in the regulations). You can find tables of factors for single life and term interests, as well as Table LN, at Treas. Reg. section 20.2031-7A(d)(6).
- From 1/1/1971 through 11/30/1983, based on a rate of 6 percent and using a different mortality table, also known as Table LN, that showed mortality factors for males and females separately.
- From 1/1/1952 through 12/31/1970, based on a rate of 3.5% and U.S. Life Table 38 (which was also gender-specific).
- Before 1/1/1952, based on a rate of 4% and a still older mortality table (which was also gender-specific).
See Treas. Reg. section 20.2031-7A for additional information
Short-Term
Rates for 1998 - 2010
| Month |
Annual |
Semiann. |
Quarterly |
Monthly |
| Jan-98
| 5.70%
| 5.62%
| 5.58%
| 5.56%
|
| Feb-98
| 5.54%
| 5.47%
| 5.43%
| 5.41%
|
| Mar-98
| 5.38%
| 5.32%
| 5.29%
| 5.26%
|
| Apr-98
| 5.51%
| 5.44%
| 5.40%
| 5.38%
|
| May-98
| 5.50%
| 5.43%
| 5.39%
| 5.37%
|
| Jun-98
| 5.58%
| 5.50%
| 5.46%
| 5.44%
|
| Jul-98
| 5.56%
| 5.48%
| 5.44%
| 5.42%
|
| Aug-98
| 5.48%
| 5.41%
| 5.37%
| 5.35%
|
| Sep-98
| 5.42%
| 5.35%
| 5.31%
| 5.29%
|
| Oct-98
| 5.06%
| 5.00%
| 4.97%
| 4.95%
|
| Nov-98
| 4.47%
| 4.42%
| 4.40%
| 4.38%
|
| Dec-98
| 4.33%
| 4.28%
| 4.26%
| 4.24%
|
| Jan-99
| 4.59%
| 4.52%
| 4.49%
| 4.48%
|
| Feb-99
| 4.62%
| 4.57%
| 4.54%
| 4.53%
|
| Mar-99
| 4.67%
| 4.62%
| 4.59%
| 4.58%
|
| Apr-99
| 4.99%
| 4.93%
| 4.90%
| 4.88%
|
| May-99
| 4.90%
| 4.84%
| 4.81%
| 4.79%
|
| Jun-99
| 4.98%
| 4.92%
| 4.89%
| 4.87%
|
| Jul-99
| 5.32%
| 5.25%
| 5.22%
| 5.19%
|
| Aug-99
| 5.43%
| 5.36%
| 5.32%
| 5.30%
|
| Sep-99
| 5.42%
| 5.35%
| 5.31%
| 5.29%
|
| Oct-99
| 5.54%
| 5.47%
| 5.43%
| 5.41%
|
| Nov-99
| 5.57%
| 5.49%
| 5.45%
| 5.43%
|
| Dec-99
| 5.74%
| 5.66%
| 5.62%
| 5.59%
|
| Jan-00
| 5.88%
| 5.80%
| 5.76%
| 5.73%
|
| Feb-00
| 6.20%
| 6.11%
| 6.06%
| 6.03%
|
| Mar-00
| 6.45%
| 6.35%
| 6.30%
| 6.27%
|
| Apr-00
| 6.46%
| 6.36%
| 6.31%
| 6.28%
|
| May-00
| 6.42%
| 6.32%
| 6.27%
| 6.24%
|
| Jun-00
| 6.53%
| 6.43%
| 6.38%
| 6.35%
|
| Jul-00
| 6.60%
| 6.49%
| 6.44%
| 6.40%
|
| Aug-00
| 6.37%
| 6.27%
| 6.22%
| 6.19%
|
| Sep-00
| 6.33%
| 6.23%
| 6.18%
| 6.15%
|
| Oct-00
| 6.30%
| 6.20%
| 6.15%
| 6.12%
|
| Nov-00
| 6.15%
| 6.06%
| 6.01%
| 5.98%
|
| Dec-00
| 6.10%
| 6.01%
| 5.97%
| 5.94%
|
| Jan-01
| 5.90%
| 5.82%
| 5.78%
| 5.75%
|
| Feb-01
| 5.18%
| 5.11%
| 5.08%
| 5.06%
|
| Mar-01
| 4.86%
| 4.80%
| 4.77%
| 4.75%
|
| Apr-01
| 4.63%
| 4.58%
| 4.55%
| 4.54%
|
| May-01
| 4.25%
| 4.21%
| 4.19%
| 4.17%
|
| Jun-01
| 4.15%
| 4.11%
| 4.09%
| 4.08%
|
| Jul-01
| 4.07%
| 4.03%
| 4.01%
| 4.00%
|
| Aug-01
| 3.94%
| 3.90%
| 3.88%
| 3.87%
|
| Sep-01
| 3.82%
| 3.78%
| 3.76%
| 3.75%
|
| Oct-01
| 3.58%
| 3.55%
| 3.53%
| 3.52%
|
| Nov-01
| 2.73%
| 2.71%
| 2.70%
| 2.69%
|
| Dec-01
| 2.48%
| 2.46%
| 2.45%
| 2.45%
|
| Jan-02
| 2.73%
| 2.71%
| 2.70%
| 2.69%
|
| Feb-02
| 2.74%
| 2.72%
| 2.71%
| 2.70%
|
| Mar-02
| 2.69%
| 2.67%
| 2.66%
| 2.66%
|
| Apr-02
| 2.88%
| 2.86%
| 2.85%
| 2.84%
|
| May-02
| 3.21%
| 3.18%
| 3.17%
| 3.16%
|
| Jun-02
| 2.91%
| 2.89%
| 2.88%
| 2.87%
|
| Jul-02
| 2.84%
| 2.82%
| 2.81%
| 2.80%
|
| Aug-02
| 2.54%
| 2.52%
| 2.51%
| 2.51%
|
| Sep-02
| 2.13%
| 2.12%
| 2.11%
| 2.11%
|
| Oct-02
| 2.03%
| 2.02%
| 2.01%
| 2.01%
|
| Nov-02
| 1.82%
| 1.81%
| 1.81%
| 1.80%
|
| Dec-02
| 1.84%
| 1.83%
| 1.83%
| 1.82%
|
| Jan-03
| 1.81%
| 1.80%
| 1.80%
| 1.79%
|
| Feb-03
| 1.65%
| 1.64%
| 1.64%
| 1.63%
|
| Mar-03
| 1.58%
| 1.57%
| 1.57%
| 1.56%
|
| Apr-03
| 1.46%
| 1.45%
| 1.45%
| 1.45%
|
| May-03
| 1.53%
| 1.52%
| 1.52%
| 1.52%
|
| Jun-03
| 1.49%
| 1.48%
| 1.48%
| 1.48%
|
| Jul-03
| 1.23%
| 1.23%
| 1.23%
| 1.23%
|
| Aug-03
| 1.21%
| 1.21%
| 1.21%
| 1.21%
|
| Sep-03
| 1.52%
| 1.51%
| 1.51%
| 1.51%
|
| Oct-03
| 1.68%
| 1.67%
| 1.67%
| 1.66%
|
| Nov-03
| 1.50%
| 1.49%
| 1.49%
| 1.49%
|
| Dec-03
| 1.68%
| 1.67%
| 1.67%
| 1.66%
|
| Jan-04
| 1.71%
| 1.70%
| 1.70%
| 1.69%
|
| Feb-04
| 1.62%
| 1.61%
| 1.61%
| 1.60%
|
| Mar-04
| 1.58%
| 1.57%
| 1.57%
| 1.56%
|
| Apr-04
| 1.47%
| 1.46%
| 1.46%
| 1.46%
|
| May-04
| 1.50%
| 1.49%
| 1.49%
| 1.49%
|
| Jun-04
| 1.98%
| 1.97%
| 1.97%
| 1.96%
|
| Jul-04
| 2.26%
| 2.25%
| 2.24%
| 2.24%
|
| Aug-04
| 2.37%
| 2.36%
| 2.35%
| 2.35%
|
| Sep-04
| 2.34%
| 2.33%
| 2.32%
| 2.32%
|
| Oct-04
| 2.26%
| 2.25%
| 2.24%
| 2.24%
|
| Nov-04
| 2.37%
| 2.36%
| 2.35%
| 2.35%
|
| Dec-04
| 2.48%
| 2.46%
| 2.45%
| 2.45%
|
| Jan-05
| 2.78%
| 2.76%
| 2.75%
| 2.74%
|
| Feb-05
| 2.92%
| 2.90%
| 2.89%
| 2.88%
|
| Mar-05
| 3.08%
| 3.06%
| 3.05%
| 3.04%
|
| Apr-05
| 3.35%
| 3.32%
| 3.31%
| 3.30%
|
| May-05
| 3.54%
| 3.51%
| 3.49%
| 3.48%
|
| Jun-05
| 3.46%
| 3.43%
| 3.42%
| 3.41%
|
| Jul-05
| 3.45%
| 3.42%
| 3.41%
| 3.40%
|
| Aug-05
| 3.58%
| 3.55%
| 3.53%
| 3.52%
|
| Sep-05
| 3.90%
| 3.86%
| 3.84%
| 3.83%
|
| Oct-05
| 3.89%
| 3.85%
| 3.83%
| 3.82%
|
| Nov-05
| 4.04%
| 4.00%
| 3.98%
| 3.97%
|
| Dec-05
| 4.34%
| 4.29%
| 4.27%
| 4.25%
|
| Jan-06
| 4.38%
| 4.33%
| 4.31%
| 4.29%
|
| Feb-06
| 4.39%
| 4.34%
| 4.32%
| 4.30%
|
| Mar-06
| 4.58%
| 4.53%
| 4.50%
| 4.49%
|
| Apr-06
| 4.77%
| 4.71%
| 4.68%
| 4.66%
|
| May-06
| 4.85%
| 4.79%
| 4.76%
| 4.74%
|
| Jun-06
| 4.99%
| 4.93%
| 4.90%
| 4.88%
|
| Jul-06
| 5.05%
| 4.99%
| 4.96%
| 4.94%
|
| Aug-06
| 5.26%
| 5.19%
| 5.16%
| 5.13%
|
| Sep-06
| 5.13%
| 5.07%
| 5.04%
| 5.02%
|
| Oct-06
| 5.00%
| 4.94%
| 4.91%
| 4.89%
|
| Nov-06
| 4.89%
| 4.83%
| 4.80%
| 4.78%
|
| Dec-06
| 4.97%
| 4.91%
| 4.88%
| 4.86%
|
| Jan-07
| 4.88%
| 4.82%
| 4.79%
| 4.77%
|
| Feb-07
| 4.93%
| 4.87%
| 4.84%
| 4.82%
|
| Mar-07
| 5.06%
| 5.00%
| 4.97%
| 4.95%
|
| Apr-07
| 4.90%
| 4.84%
| 4.81%
| 4.79%
|
| May-07
| 4.85%
| 4.79%
| 4.76%
| 4.74%
|
| Jun-07
| 4.84%
| 4.78%
| 4.75%
| 4.73%
|
| Jul-07
| 4.97%
| 4.91%
| 4.88%
| 4.86%
|
| Aug-07
| 5.00%
| 4.94%
| 4.91%
| 4.89%
|
| Sep-07
| 4.82%
| 4.76%
| 4.73%
| 4.71%
|
| Oct-07
| 4.19%
| 4.15%
| 4.13%
| 4.11%
|
| Nov-07
| 4.11%
| 4.07%
| 4.05%
| 4.04%
|
| Dec-07
| 3.88%
| 3.84%
| 3.82%
| 3.81%
|
| Jan-08
| 3.18%
| 3.16%
| 3.15%
| 3.14%
|
| Feb-08
| 3.11%
| 3.09%
| 3.08%
| 3.07%
|
| Mar-08
| 2.25%
| 2.24%
| 2.23%
| 2.23%
|
| Apr-08
| 1.85%
| 1.84%
| 1.84%
| 1.83%
|
| May-08
| 1.64%
| 1.63%
| 1.63%
| 1.62%
|
| Jun-08
| 2.08%
| 2.07%
| 2.06%
| 2.06%
|
| Jul-08
| 2.42%
| 2.41%
| 2.40%
| 2.40%
|
| Aug-08
| 2.54%
| 2.52%
| 2.51%
| 2.51%
|
| Sep-08
| 2.38%
| 2.37%
| 2.36%
| 2.36%
|
| Oct-08
| 2.19%
| 2.18%
| 2.17%
| 2.17%
|
| Nov-08
| 1.63%
| 1.62%
| 1.62%
| 1.61%
|
| Dec-08
| 1.36%
| 1.36%
| 1.36%
| 1.36%
|
| Jan-09
| 0.81%
| 0.81%
| 0.81%
| 0.81%
|
| Feb-09
| 0.60%
| 0.60%
| 0.60%
| 0.60%
|
| Mar-09
| 0.72%
| 0.72%
| 0.72%
| 0.72%
|
| Apr-09
| 0.83%
| 0.83%
| 0.83%
| 0.83%
|
| May-09
| 0.76%
| 0.76%
| 0.76%
| 0.76%
|
| Jun-09
| 0.75%
| 0.75%
| 0.75%
| 0.75%
|
| Jul-09
| 0.82%
| 0.82%
| 0.82%
| 0.82%
|
| Aug-09
| 0.83%
| 0.83%
| 0.83%
| 0.83%
|
| Sep-09
| 0.84%
| 0.84%
| 0.84%
| 0.84%
|
| Oct-09
| 0.75%
| 0.75%
| 0.75%
| 0.75%
|
| Nov-09
| 0.71%
| 0.71%
| 0.71%
| 0.71%
|
| Dec-09
| 0.69%
| 0.69%
| 0.69%
| 0.69%
|
| Jan-10
| 0.57%
| 0.57%
| 0.57%
| 0.57%
|
| Feb-10
| 0.72%
| 0.72%
| 0.72%
| 0.72%
|
| Mar-10
| 0.64%
| 0.64%
| 0.64%
| 0.64%
|
Mid-Term Rates
for 1998 - 2010
| Month
| Annual
| Semiann.
| Quarterly
| Monthly
|
| Jan-98
| 5.93%
| 5.84%
| 5.80%
| 5.77%
|
| Feb-98
| 5.69%
| 5.61%
| 5.57%
| 5.55%
|
| Mar-98
| 5.59%
| 5.51%
| 5.47%
| 5.45%
|
| Apr-98
| 5.70%
| 5.62%
| 5.58%
| 5.56%
|
| May-98
| 5.69%
| 5.61%
| 5.57%
| 5.55%
|
| Jun-98
| 5.77%
| 5.69%
| 5.65%
| 5.62%
|
| Jul-98
| 5.68%
| 5.60%
| 5.56%
| 5.54%
|
| Aug-98
| 5.57%
| 5.49%
| 5.45%
| 5.43%
|
| Sep-98
| 5.54%
| 5.47%
| 5.43%
| 5.41%
|
| Oct-98
| 5.12%
| 5.06%
| 5.03%
| 5.01%
|
| Nov-98
| 4.51%
| 4.46%
| 4.44%
| 4.42%
|
| Dec-98
| 4.52%
| 4.47%
| 4.45%
| 4.43%
|
| Jan-99
| 4.64%
| 4.59%
| 4.56%
| 4.55%
|
| Feb-99
| 4.71%
| 4.66%
| 4.63%
| 4.62%
|
| Mar-99
| 4.83%
| 4.77%
| 4.74%
| 4.72%
|
| Apr-99
| 5.28%
| 5.21%
| 5.18%
| 5.15%
|
| May-99
| 5.22%
| 5.15%
| 5.12%
| 5.10%
|
| Jun-99
| 5.37%
| 5.30%
| 5.27%
| 5.24%
|
| Jul-99
| 5.82%
| 5.74%
| 5.70%
| 5.67%
|
| Aug-99
| 5.96%
| 5.87%
| 5.83%
| 5.80%
|
| Sep-99
| 5.98%
| 5.89%
| 5.85%
| 5.82%
|
| Oct-99
| 6.02%
| 5.93%
| 5.89%
| 5.86%
|
| Nov-99
| 6.08%
| 5.99%
| 5.95%
| 5.92%
|
| Dec-99
| 6.20%
| 6.11%
| 6.06%
| 6.03%
|
| Jan-00
| 6.21%
| 6.12%
| 6.07%
| 6.04%
|
| Feb-00
| 6.56%
| 6.46%
| 6.41%
| 6.37%
|
| Mar-00
| 6.80%
| 6.69%
| 6.63%
| 6.60%
|
| Apr-00
| 6.71%
| 6.60%
| 6.55%
| 6.51%
|
| May-00
| 6.40%
| 6.30%
| 6.25%
| 6.22%
|
| Jun-00
| 6.62%
| 6.51%
| 6.46%
| 6.42%
|
| Jul-00
| 6.62%
| 6.51%
| 6.46%
| 6.42%
|
| Aug-00
| 6.33%
| 6.23%
| 6.18%
| 6.15%
|
| Sep-00
| 6.22%
| 6.13%
| 6.08%
| 6.05%
|
| Oct-00
| 6.09%
| 6.00%
| 5.96%
| 5.93%
|
| Nov-00
| 6.01%
| 5.92%
| 5.88%
| 5.85%
|
| Dec-00
| 5.87%
| 5.79%
| 5.75%
| 5.72%
|
| Jan-01
| 5.61%
| 5.53%
| 5.49%
| 5.47%
|
| Feb-01
| 5.07%
| 5.01%
| 4.98%
| 4.96%
|
| Mar-01
| 5.07%
| 5.01%
| 4.98%
| 4.96%
|
| Apr-01
| 4.94%
| 4.88%
| 4.85%
| 4.83%
|
| May-01
| 4.77%
| 4.71%
| 4.68%
| 4.66%
|
| Jun-01
| 5.02%
| 4.96%
| 4.93%
| 4.91%
|
| Jul-01
| 5.12%
| 5.06%
| 5.03%
| 5.01%
|
| Aug-01
| 4.99%
| 4.93%
| 4.90%
| 4.88%
|
| Sep-01
| 4.82%
| 4.76%
| 4.73%
| 4.71%
|
| Oct-01
| 4.59%
| 4.54%
| 4.51%
| 4.50%
|
| Nov-01
| 4.13%
| 4.09%
| 4.07%
| 4.06%
|
| Dec-01
| 3.97%
| 3.93%
| 3.91%
| 3.90%
|
| Jan-02
| 4.49%
| 4.44%
| 4.42%
| 4.40%
|
| Feb-02
| 4.63%
| 4.58%
| 4.55%
| 4.54%
|
| Mar-02
| 4.52%
| 4.47%
| 4.45%
| 4.43%
|
| Apr-02
| 4.65%
| 4.60%
| 4.57%
| 4.56%
|
| May-02
| 4.99%
| 4.93%
| 4.90%
| 4.88%
|
| Jun-02
| 4.74%
| 4.69%
| 4.66%
| 4.64%
|
| Jul-02
| 4.60%
| 4.55%
| 4.52%
| 4.51%
|
| Aug-02
| 4.24%
| 4.20%
| 4.18%
| 4.16%
|
| Sep-02
| 3.75%
| 3.72%
| 3.70%
| 3.69%
|
| Oct-02
| 3.46%
| 3.43%
| 3.42%
| 3.41%
|
| Nov-02
| 3.06%
| 3.04%
| 3.03%
| 3.02%
|
| Dec-02
| 3.31%
| 3.28%
| 3.27%
| 3.26%
|
| Jan-03
| 3.43%
| 3.40%
| 3.39%
| 3.38%
|
| Feb-03
| 3.27%
| 3.24%
| 3.23%
| 3.22%
|
| Mar-03
| 3.24%
| 3.21%
| 3.20%
| 3.19%
|
| Apr-03
| 2.96%
| 2.94%
| 2.93%
| 2.92%
|
| May-03
| 3.17%
| 3.15%
| 3.14%
| 3.13%
|
| Jun-03
| 3.06%
| 3.04%
| 3.03%
| 3.02%
|
| Jul-03
| 2.55%
| 2.53%
| 2.52%
| 2.52%
|
| Aug-03
| 2.70%
| 2.68%
| 2.67%
| 2.67%
|
| Sep-03
| 3.43%
| 3.40%
| 3.39%
| 3.38%
|
| Oct-03
| 3.65%
| 3.62%
| 3.60%
| 3.59%
|
| Nov-03
| 3.32%
| 3.29%
| 3.28%
| 3.27%
|
| Dec-03
| 3.55%
| 3.52%
| 3.50%
| 3.49%
|
| Jan-04
| 3.52%
| 3.49%
| 3.47%
| 3.46%
|
| Feb-04
| 3.44%
| 3.41%
| 3.40%
| 3.39%
|
| Mar-04
| 3.34%
| 3.31%
| 3.30%
| 3.29%
|
| Apr-04
| 3.15%
| 3.13%
| 3.12%
| 3.11%
|
| May-04
| 3.16%
| 3.14%
| 3.13%
| 3.12%
|
| Jun-04
| 3.89%
| 3.85%
| 3.83%
| 3.82%
|
| Jul-04
| 4.11%
| 4.07%
| 4.05%
| 4.04%
|
| Aug-04
| 4.00%
| 3.96%
| 3.94%
| 3.93%
|
| Sep-04
| 3.84%
| 3.80%
| 3.78%
| 3.77%
|
| Oct-04
| 3.62%
| 3.59%
| 3.57%
| 3.56%
|
| Nov-04
| 3.55%
| 3.52%
| 3.50%
| 3.49%
|
| Dec-04
| 3.56%
| 3.53%
| 3.51%
| 3.50%
|
| Jan-05
| 3.76%
| 3.73%
| 3.71%
| 3.70%
|
| Feb-05
| 3.83%
| 3.79%
| 3.77%
| 3.76%
|
| Mar-05
| 3.83%
| 3.79%
| 3.77%
| 3.76%
|
| Apr-05
| 4.09%
| 4.05%
| 4.03%
| 4.02%
|
| May-05
| 4.28%
| 4.24%
| 4.22%
| 4.20%
|
| Jun-05
| 4.01%
| 3.97%
| 3.95%
| 3.94%
|
| Jul-05
| 3.86%
| 3.82%
| 3.80%
| 3.79%
|
| Aug-05
| 3.92%
| 3.88%
| 3.86%
| 3.85%
|
| Sep-05
| 4.19%
| 4.15%
| 4.13%
| 4.11%
|
| Oct-05
| 4.08%
| 4.04%
| 4.02%
| 4.01%
|
| Nov-05
| 4.23%
| 4.19%
| 4.17%
| 4.15%
|
| Dec-05
| 4.52%
| 4.47%
| 4.45%
| 4.43%
|
| Jan-06
| 4.48%
| 4.43%
| 4.41%
| 4.39%
|
| Feb-06
| 4.40%
| 4.35%
| 4.33%
| 4.31%
|
| Mar-06
| 4.51%
| 4.46%
| 4.44%
| 4.42%
|
| Apr-06
| 4.72%
| 4.67%
| 4.64%
| 4.63%
|
| May-06
| 4.84%
| 4.78%
| 4.75%
| 4.73%
|
| Jun-06
| 5.06%
| 5.00%
| 4.97%
| 4.95%
|
| Jul-06
| 5.05%
| 4.99%
| 4.96%
| 4.94%
|
| Aug-06
| 5.21%
| 5.14%
| 5.11%
| 5.09%
|
| Sep-06
| 5.01%
| 4.95%
| 4.92%
| 4.90%
|
| Oct-06
| 4.82%
| 4.76%
| 4.73%
| 4.71%
|
| Nov-06
| 4.69%
| 4.64%
| 4.61%
| 4.60%
|
| Dec-06
| 4.73%
| 4.68%
| 4.65%
| 4.64%
|
| Jan-07
| 4.58%
| 4.53%
| 4.50%
| 4.49%
|
| Feb-07
| 4.69%
| 4.64%
| 4.61%
| 4.60%
|
| Mar-07
| 4.86%
| 4.80%
| 4.77%
| 4.75%
|
| Apr-07
| 4.61%
| 4.56%
| 4.53%
| 4.52%
|
| May-07
| 4.62%
| 4.57%
| 4.54%
| 4.53%
|
| Jun-07
| 4.64%
| 4.59%
| 4.56%
| 4.55%
|
| Jul-07
| 4.95%
| 4.89%
| 4.86%
| 4.84%
|
| Aug-07
| 5.09%
| 5.03%
| 5.00%
| 4.98%
|
| Sep-07
| 4.79%
| 4.73%
| 4.70%
| 4.68%
|
| Oct-07
| 4.35%
| 4.30%
| 4.28%
| 4.26%
|
| Nov-07
| 4.39%
| 4.34%
| 4.32%
| 4.30%
|
| Dec-07
| 4.13%
| 4.09%
| 4.07%
| 4.06%
|
| Jan-08
| 3.58%
| 3.55%
| 3.53%
| 3.52%
|
| Feb-08
| 3.51%
| 3.48%
| 3.46%
| 3.46%
|
| Mar-08
| 2.97%
| 2.95%
| 2.94%
| 2.93%
|
| Apr-08
| 2.87%
| 2.85%
| 2.84%
| 2.83%
|
| May-08
| 2.74%
| 2.72%
| 2.71%
| 2.70%
|
| Jun-08
| 3.20%
| 3.17%
| 3.16%
| 3.15%
|
| Jul-08
| 3.45%
| 3.42%
| 3.41%
| 3.40%
|
| Aug-08
| 3.55%
| 3.52%
| 3.50%
| 3.49%
|
| Sep-08
| 3.46%
| 3.43%
| 3.42%
| 3.41%
|
| Oct-08
| 3.16%
| 3.14%
| 3.13%
| 3.12%
|
| Nov-08
| 2.97%
| 2.95%
| 2.94%
| 2.93%
|
| Dec-08
| 2.85%
| 2.83%
| 2.82%
| 2.81%
|
| Jan-09
| 2.06%
| 2.05%
| 2.04%
| 2.04%
|
| Feb-09
| 1.65%
| 1.64%
| 1.64%
| 1.63%
|
| Mar-09
| 1.94%
| 1.93%
| 1.93%
| 1.92%
|
| Apr-09
| 2.15%
| 2.14%
| 2.13%
| 2.13%
|
| May-09
| 2.05%
| 2.04%
| 2.03%
| 2.03%
|
| Jun-09
| 2.25%
| 2.24%
| 2.23%
| 2.23%
|
| Jul-09
| 2.76%
| 2.74%
| 2.73%
| 2.72%
|
| Aug-09
| 2.80%
| 2.78%
| 2.77%
| 2.76%
|
| Sep-09
| 2.87%
| 2.85%
| 2.84%
| 2.83%
|
| Oct-09
| 2.66%
| 2.64%
| 2.63%
| 2.63%
|
| Nov-09
| 2.59%
| 2.57%
| 2.56%
| 2.56%
|
| Dec-09
| 2.64%
| 2.62%
| 2.61%
| 2.61%
|
| Jan-10
| 2.45%
| 2.44%
| 2.43%
| 2.43%
|
| Feb-10
| 2.82%
| 2.80%
| 2.79%
| 2.78%
|
| Mar-10
| 2.69%
| 2.67%
| 2.66%
| 2.66%
|
Long-Term Rates
for 1998 - 2010
| Month
| Annual
| Semiann.
| Quarterly
| Monthly
|
| Jan-98
| 6.13%
| 6.04%
| 6.00%
| 5.97%
|
| Feb-98
| 5.93%
| 5.84%
| 5.80%
| 5.77%
|
| Mar-98
| 5.91%
| 5.83%
| 5.79%
| 5.76%
|
| Apr-98
| 5.98%
| 5.89%
| 5.85%
| 5.82%
|
| May-98
| 5.94%
| 5.85%
| 5.81%
| 5.78%
|
| Jun-98
| 6.02%
| 5.93%
| 5.89%
| 5.86%
|
| Jul-98
| 5.88%
| 5.80%
| 5.76%
| 5.73%
|
| Aug-98
| 5.72%
| 5.64%
| 5.60%
| 5.57%
|
| Sep-98
| 5.74%
| 5.66%
| 5.62%
| 5.59%
|
| Oct-98
| 5.46%
| 5.39%
| 5.35%
| 5.33%
|
| Nov-98
| 5.10%
| 5.04%
| 5.01%
| 4.99%
|
| Dec-98
| 5.25%
| 5.18%
| 5.15%
| 5.12%
|
| Jan-99
| 5.21%
| 5.14%
| 5.11%
| 5.09%
|
| Feb-99
| 5.24%
| 5.17%
| 5.14%
| 5.12%
|
| Mar-99
| 5.30%
| 5.23%
| 5.20%
| 5.17%
|
| Apr-99
| 5.67%
| 5.59%
| 5.55%
| 5.53%
|
| May-99
| 5.66%
| 5.58%
| 5.54%
| 5.52%
|
| Jun-99
| 5.79%
| 5.71%
| 5.67%
| 5.64%
|
| Jul-99
| 6.10%
| 6.01%
| 5.97%
| 5.94%
|
| Aug-99
| 6.23%
| 6.14%
| 6.09%
| 6.06%
|
| Sep-99
| 6.25%
| 6.16%
| 6.11%
| 6.08%
|
| Oct-99
| 6.31%
| 6.21%
| 6.16%
| 6.13%
|
| Nov-99
| 6.39%
| 6.29%
| 6.24%
| 6.21%
|
| Dec-99
| 6.47%
| 6.37%
| 6.32%
| 6.29%
|
| Jan-00
| 6.45%
| 6.35%
| 6.30%
| 6.27%
|
| Feb-00
| 6.77%
| 6.66%
| 6.61%
| 6.57%
|
| Mar-00
| 6.75%
| 6.64%
| 6.59%
| 6.55%
|
| Apr-00
| 6.49%
| 6.39%
| 6.34%
| 6.31%
|
| May-00
| 6.20%
| 6.11%
| 6.06%
| 6.03%
|
| Jun-00
| 6.39%
| 6.29%
| 6.24%
| 6.21%
|
| Jul-00
| 6.40%
| 6.30%
| 6.25%
| 6.22%
|
| Aug-00
| 6.22%
| 6.13%
| 6.08%
| 6.05%
|
| Sep-00
| 6.09%
| 6.00%
| 5.96%
| 5.93%
|
| Oct-00
| 5.96%
| 5.87%
| 5.83%
| 5.80%
|
| Nov-00
| 6.09%
| 6.00%
| 5.96%
| 5.93%
|
| Dec-00
| 5.98%
| 5.89%
| 5.85%
| 5.82%
|
| Jan-01
| 5.78%
| 5.70%
| 5.66%
| 5.63%
|
| Feb-01
| 5.48%
| 5.41%
| 5.37%
| 5.35%
|
| Mar-01
| 5.58%
| 5.50%
| 5.46%
| 5.44%
|
| Apr-01
| 5.43%
| 5.36%
| 5.32%
| 5.30%
|
| May-01
| 5.43%
| 5.36%
| 5.32%
| 5.30%
|
| Jun-01
| 5.75%
| 5.67%
| 5.63%
| 5.60%
|
| Jul-01
| 5.82%
| 5.74%
| 5.70%
| 5.67%
|
| Aug-01
| 5.72%
| 5.64%
| 5.60%
| 5.57%
|
| Sep-01
| 5.57%
| 5.49%
| 5.45%
| 5.43%
|
| Oct-01
| 5.39%
| 5.32%
| 5.29%
| 5.26%
|
| Nov-01
| 5.31%
| 5.24%
| 5.21%
| 5.18%
|
| Dec-01
| 5.05%
| 4.99%
| 4.96%
| 4.94%
|
| Jan-02
| 5.46%
| 5.39%
| 5.35%
| 5.33%
|
| Feb-02
| 5.60%
| 5.52%
| 5.48%
| 5.46%
|
| Mar-02
| 5.48%
| 5.41%
| 5.37%
| 5.35%
|
| Apr-02
| 5.62%
| 5.54%
| 5.50%
| 5.48%
|
| May-02
| 5.85%
| 5.77%
| 5.73%
| 5.70%
|
| Jun-02
| 5.70%
| 5.62%
| 5.58%
| 5.56%
|
| Jul-02
| 5.69%
| 5.61%
| 5.57%
| 5.55%
|
| Aug-02
| 5.46%
| 5.39%
| 5.35%
| 5.33%
|
| Sep-02
| 5.23%
| 5.16%
| 5.13%
| 5.11%
|
| Oct-02
| 4.90%
| 4.84%
| 4.81%
| 4.79%
|
| Nov-02
| 4.60%
| 4.55%
| 4.52%
| 4.51%
|
| Dec-02
| 4.92%
| 4.86%
| 4.83%
| 4.81%
|
| Jan-03
| 4.90%
| 4.84%
| 4.81%
| 4.79%
|
| Feb-03
| 4.85%
| 4.79%
| 4.76%
| 4.74%
|
| Mar-03
| 4.80%
| 4.74%
| 4.71%
| 4.69%
|
| Apr-03
| 4.58%
| 4.53%
| 4.50%
| 4.49%
|
| May-03
| 4.79%
| 4.73%
| 4.70%
| 4.68%
|
| Jun-03
| 4.65%
| 4.60%
| 4.57%
| 4.56%
|
| Jul-03
| 4.17%
| 4.13%
| 4.11%
| 4.09%
|
| Aug-03
| 4.36%
| 4.31%
| 4.29%
| 4.27%
|
| Sep-03
| 5.08%
| 5.02%
| 4.99%
| 4.97%
|
| Oct-03
| 5.23%
| 5.16%
| 5.13%
| 5.11%
|
| Nov-03
| 4.99%
| 4.93%
| 4.90%
| 4.88%
|
| Dec-03
| 5.12%
| 5.06%
| 5.03%
| 5.01%
|
| Jan-04
| 5.01%
| 4.95%
| 4.92%
| 4.90%
|
| Feb-04
| 4.94%
| 4.88%
| 4.85%
| 4.83%
|
| Mar-04
| 4.84%
| 4.78%
| 4.75%
| 4.73%
|
| Apr-04
| 4.66%
| 4.61%
| 4.58%
| 4.57%
|
| May-04
| 4.65%
| 4.60%
| 4.57%
| 4.56%
|
| Jun-04
| 5.20%
| 5.13%
| 5.10%
| 5.08%
|
| Jul-04
| 5.34%
| 5.27%
| 5.24%
| 5.21%
|
| Aug-04
| 5.21%
| 5.14%
| 5.11%
| 5.09%
|
| Sep-04
| 5.03%
| 4.97%
| 4.94%
| 4.92%
|
| Oct-04
| 4.84%
| 4.78%
| 4.75%
| 4.73%
|
| Nov-04
| 4.70%
| 4.65%
| 4.62%
| 4.61%
|
| Dec-04
| 4.68%
| 4.63%
| 4.60%
| 4.59%
|
| Jan-05
| 4.76%
| 4.70%
| 4.67%
| 4.65%
|
| Feb-05
| 4.72%
| 4.67%
| 4.64%
| 4.63%
|
| Mar-05
| 4.52%
| 4.47%
| 4.45%
| 4.43%
|
| Apr-05
| 4.68%
| 4.63%
| 4.60%
| 4.59%
|
| May-05
| 4.83%
| 4.77%
| 4.74%
| 4.72%
|
| Jun-05
| 4.57%
| 4.52%
| 4.49%
| 4.48%
|
| Jul-05
| 4.35%
| 4.30%
| 4.28%
| 4.26%
|
| Aug-05
| 4.33%
| 4.28%
| 4.26%
| 4.24%
|
| Sep-05
| 4.52%
| 4.47%
| 4.45%
| 4.43%
|
| Oct-05
| 4.40%
| 4.35%
| 4.33%
| 4.31%
|
| Nov-05
| 4.57%
| 4.52%
| 4.49%
| 4.48%
|
| Dec-05
| 4.79%
| 4.73%
| 4.70%
| 4.68%
|
| Jan-06
| 4.73%
| 4.68%
| 4.65%
| 4.64%
|
| Feb-06
| 4.61%
| 4.56%
| 4.53%
| 4.52%
|
| Mar-06
| 4.68%
| 4.63%
| 4.60%
| 4.59%
|
| Apr-06
| 4.79%
| 4.73%
| 4.70%
| 4.68%
|
| May-06
| 5.00%
| 4.94%
| 4.91%
| 4.89%
|
| Jun-06
| 5.32%
| 5.25%
| 5.22%
| 5.19%
|
| Jul-06
| 5.29%
| 5.22%
| 5.19%
| 5.16%
|
| Aug-06
| 5.36%
| 5.29%
| 5.26%
| 5.23%
|
| Sep-06
| 5.21%
| 5.14%
| 5.11%
| 5.09%
|
| Oct-06
| 5.02%
| 4.96%
| 4.93%
| 4.91%
|
| Nov-06
| 4.90%
| 4.84%
| 4.81%
| 4.79%
|
| Dec-06
| 4.90%
| 4.84%
| 4.81%
| 4.79%
|
| Jan-07
| 4.73%
| 4.68%
| 4.65%
| 4.64%
|
| Feb-07
| 4.86%
| 4.80%
| 4.77%
| 4.75%
|
| Mar-07
| 5.01%
| 4.95%
| 4.92%
| 4.90%
|
| Apr-07
| 4.81%
| 4.75%
| 4.72%
| 4.70%
|
| May-07
| 4.90%
| 4.84%
| 4.81%
| 4.79%
|
| Jun-07
| 4.91%
| 4.85%
| 4.82%
| 4.80%
|
| Jul-07
| 5.15%
| 5.09%
| 5.06%
| 5.04%
|
| Aug-07
| 5.31%
| 5.24%
| 5.21%
| 5.18%
|
| Sep-07
| 5.09%
| 5.03%
| 5.00%
| 4.98%
|
| Oct-07
| 4.88%
| 4.82%
| 4.79%
| 4.77%
|
| Nov-07
| 4.89%
| 4.83%
| 4.80%
| 4.78%
|
| Dec-07
| 4.72%
| 4.67%
| 4.64%
| 4.63%
|
| Jan-08
| 4.46%
| 4.41%
| 4.39%
| 4.37%
|
| Feb-08
| 4.46%
| 4.41%
| 4.39%
| 4.37%
|
| Mar-08
| 4.27%
| 4.23%
| 4.21%
| 4.19%
|
| Apr-08
| 4.40%
| 4.35%
| 4.33%
| 4.31%
|
| May-08
| 4.21%
| 4.17%
| 4.15%
| 4.13%
|
| Jun-08
| 4.46%
| 4.41%
| 4.39%
| 4.37%
|
| Jul-08
| 4.60%
| 4.55%
| 4.52%
| 4.51%
|
| Aug-08
| 4.58%
| 4.53%
| 4.50%
| 4.49%
|
| Sep-08
| 4.58%
| 4.53%
| 4.50%
| 4.49%
|
| Oct-08
| 4.32%
| 4.27%
| 4.25%
| 4.23%
|
| Nov-08
| 4.24%
| 4.20%
| 4.18%
| 4.16%
|
| Dec-08
| 4.45%
| 4.40%
| 4.38%
| 4.36%
|
| Jan-09
| 3.57%
| 3.54%
| 3.52%
| 3.51%
|
| Feb-09
| 2.96%
| 2.94%
| 2.93%
| 2.92%
|
| Mar-09
| 3.52%
| 3.49%
| 3.47%
| 3.46%
|
| Apr-09
| 3.67%
| 3.64%
| 3.62%
| 3.61%
|
| May-09
| 3.58%
| 3.55%
| 3.53%
| 3.52%
|
| Jun-09
| 3.88%
| 3.84%
| 3.82%
| 3.81%
|
| Jul-09
| 4.36%
| 4.31%
| 4.29%
| 4.27%
|
| Aug-09
| 4.26%
| 4.22%
| 4.20%
| 4.18%
|
| Sep-09
| 4.38%
| 4.33%
| 4.31%
| 4.29%
|
| Oct-09
| 4.10%
| 4.06%
| 4.04%
| 4.03%
|
| Nov-09
| 4.01%
| 3.97%
| 3.95%
| 3.94%
|
| Dec-09
| 4.17%
| 4.13%
| 4.11%
| 4.09%
|
| Jan-10
| 4.11%
| 4.07%
| 4.05%
| 4.04%
|
| Feb-10
| 4.44%
| 4.39%
| 4.37%
| 4.35%
|
| Mar-10
| 4.35%
| 4.30%
| 4.28%
| 4.26%
|
Pooled
Income Fund Rates
Deemed rates of return for transfers to
pooled income funds that have
been in existence for less than three years:
|
YEAR |
RATE |
|
1989 (Jan - Apr) |
9.0% |
|
1989 (May - Dec) |
9.4% |
1990 |
9.8% |
1991 |
9.8% |
1992 |
9.8% |
1993 |
9.4% |
1994 |
8.4% |
1995 |
6.8% |
1996 |
7.2% |
1997 |
7.2% |
1998 |
7.2% |
1999 |
6.8% |
2000 |
6.8% |
2001 |
6.6% |
| 2002 |
6.6% |
| 2003 |
6.6% |
| 2004 |
4.8% |
| 2005 |
4.0% |
| 2006 |
3.8% |
| 2007 |
4.8% |
| 2008 |
4.8% |
| 2009 |
4.8% |
| 2010 |
4.6% |
OVER - AND UNDER PAYMENT RATES
These rates of interest are determined on
a quarterly basis. For taxpayers other than corporations,
the overpayment and underpayment rate is the federal short-term
rate plus 3 percentage points. Generally, in the case
of a corporation, the underpayment rate is the federal
short-term rate plus 3 percentage points and the overpayment
rate is the federal short-term rate plus 2 percentage
points.
The rate for large corporate underpayments
is the federal short-term rate plus 5 percentage points.
The rate on the portion of a corporate overpayment of
tax exceeding $10,000 for a taxable period is the federal
short-term rate plus one-half (0.5) of a percentage point.
These interest rates are computed from
the federal short-term rate based on daily compounding.
The following tables illustrate the history
of the interest rates on over and underpayments:
TABLE OF INTEREST RATES
PERIODS BEFORE JUL. 1, 1975 --
PERIODS ENDING DEC. 31, 1986
OVERPAYMENTS AND UNDERPAYMENTS
DAILY RATE
TABLE |
| PERIOD |
RATE |
| Before Jul. 1, 1975 |
6% |
| Jul. 1, 1975 -- Jan. 31,
1976 |
9% |
| Feb. 1, 1976 -- Jan. 31,
1978 |
7% |
| Feb. 1, 1978 -- Jan. 31,
1980 |
6% |
| Feb. 1, 1980 -- Jan. 31,
1982 |
12% |
| Feb. 1, 1982 -- Dec. 31,
1982 |
20% |
| Jan. 1, 1983 -- Jun. 30,
1983 |
16% |
| Jul. 1, 1983 -- Dec. 31,
1983 |
11% |
| Jan. 1, 1984 -- Jun. 30,
1984 |
11% |
| Jul. 1, 1984 -- Dec. 31,
1984 |
11% |
| Jan. 1, 1985 -- Jun. 30,
1985 |
13% |
| Jul. 1, 1985 -- Dec. 31,
1985 |
11% |
| Jan. 1, 1986 -- Jun. 30,
1986 |
10% |
| Jul. 1, 1986 -- Dec. 31,
1986 |
9% |
TABLE OF INTEREST RATES FROM JAN.
1, 1987 -- Dec. 31, 1998
| |
OVERPAYMENTS |
UNDERPAYMENTS |
|
Jan. 1, 1987 -- Mar. 31, 1987 |
8% |
9% |
| Apr. 1, 1987 -- Jun. 30, 1987 |
8% |
9% |
| Jul. 1, 1987 -- Sep. 30, 1987 |
8% |
9% |
| Oct. 1, 1987 -- Dec. 31, 1987 |
9% |
10% |
| Jan. 1, 1988 -- Mar. 31, 1988 |
10% |
11% |
| Apr. 1, 1988 -- Jun. 30, 1988 |
9% |
10% |
| Jul. 1, 1988 -- Sep. 30, 1988 |
9% |
10% |
| Oct. 1, 1988 -- Dec. 31, 1988 |
10% |
11% |
| Jan. 1, 1989 -- Mar. 31, 1989 |
10% |
11% |
| Apr. 1, 1989 -- Jun. 30,
1989 |
11% |
12% |
| Jul. 1, 1989 -- Sep. 30,
1989 |
11% |
12% |
| Oct. 1, 1989 -- Dec. 31,
1989 |
10% |
11% |
| Jan. 1, 1990 -- Mar. 31,
1990 |
10% |
11% |
| Apr. 1, 1990 -- Jun. 30,
1990 |
10% |
11% |
| Jul. 1, 1990 -- Sep. 30,
1990 |
10% |
11% |
| Oct. 1, 1990 -- Dec. 31,
1990 |
10% |
11% |
| Jan. 1, 1991 -- Mar. 31,
1991 |
10% |
11% |
| Apr. 1, 1991 -- Jun. 30,
1991 |
9% |
10% |
| Jul. 1, 1991 -- Sep. 30,
1991 |
9% |
10% |
| Oct. 1, 1991 -- Dec. 31,
1991 |
9% |
10% |
| Jan. 1, 1992 -- Mar. 31,
1992 |
8% |
9% |
| Apr. 1, 1992 -- Jun.
30, 1992 |
7% |
8% |
| Jul. 1, 1992 -- Sep. 30,
1992 |
7% |
8% |
| Oct. 1, 1992 -- Dec. 31,
1992 |
6% |
7% |
| Jan. 1, 1993 -- Mar. 31,
1993 |
6% |
7% |
| Apr. 1, 1993 -- Jun. 30,
1993 |
6% |
7% |
| Jul. 1, 1993 -- Sep. 30,
1993 |
6% |
7% |
| Oct. 1, 1993 -- Dec. 31,
1993 |
6% |
7% |
| Jan. 1, 1994 -- Mar. 31,
1994 |
6% |
7% |
| Apr. 1, 1994 -- Jun. 30,
1994 |
6% |
7% |
| Jul. 1, 1994 -- Sep. 30,
1994 |
7% |
8% |
| Oct. 1, 1994 -- Dec. 31,
1994 |
8% |
9% |
| Jan. 1, 1995 -- Mar. 31,
1995 |
8% |
9% |
| Apr. 1, 1995 -- Jun. 30,
1995 |
9% |
10% |
| Jul. 1, 1995 -- Sep. 30,
1995 |
8% |
9% |
| Oct. 1, 1995 -- Dec. 31,
1995 |
8% |
9% |
| Jan. 1, 1996 -- Mar. 31,
1996 |
8% |
9% |
| Apr. 1, 1996 -- Jun. 30,
1996 |
7% |
8% |
| Jul. 1, 1996 -- Sep. 30,
1996 |
8% |
9% |
| Oct. 1, 1996 -- Dec. 31,
1996 |
8% |
9% |
| Jan. 1, 1997 -- Mar. 31,
1997 |
8% |
9% |
| Apr. 1, 1997 -- Jun. 30,
1997 |
8% |
9% |
| Jul. 1, 1997 -- Sep. 30,
1997 |
8% |
9% |
| Oct. 1, 1997 -- Dec. 31,
1997 |
8% |
9% |
| Jan. 1, 1998 -- Mar. 31,
1998 |
8% |
9% |
| Apr. 1, 1998 -- Jun. 30,
1998 |
7% |
8% |
| Jul. 1, 1998 -- Sep. 30,
1998 |
7% |
8% |
| Oct. 1, 1998 -- Dec. 31,
1998 |
7% |
8% |
TABLE OF NONCORPORATE INTEREST RATES
FROM JANUARY 1, 1999 -- PRESENT
| |
OVERPAYMENTS |
UNDERPAYMENTS |
| Jan. 1, 1999 -- Mar. 31,
1999 |
7% |
7% |
| Apr. 1, 1999 -- Jun. 30,
1999 |
8% |
8% |
| Jul. 1, 1999 -- Sept. 30,
1999 |
8% |
8% |
| Oct. 1, 1999 -- Dec. 31,
1999 |
8% |
8% |
| Jan. 1, 2000 -- Mar. 31,
2000 |
8% |
8% |
| Apr. 1, 2000 -- Jun. 30,
2000 |
9% |
9% |
| Jul. 1, 2000 -- Sep. 30,
2000 |
9% |
9% |
| Oct. 1, 2000 -- Dec. 31,
2000 |
9% |
9% |
| Jan. 1, 2001 -- Mar. 31,
2001 |
9% |
9% |
| Apr. 1, 2001-- Jun. 30, 2001 |
8% |
8% |
| Jul. 1, 2001 -- Sept. 30,
2001 |
7% |
7% |
| Oct. 1, 2001 -- Dec. 31,
2001 |
7% |
7% |
| Jan. 1, 2002 -- Mar. 31,
2002 |
6% |
6% |
| Apr. 1, 2002-- Jun. 30, 2002 |
6% |
6% |
| Jul. 1, 2002 -- Sep. 30,
2002 |
6% |
6% |
| Oct. 1, 2002 -- Dec. 31,
2002 |
6% |
6% |
| Jan. 1, 2003 -- Mar. 31,
2003 |
5% |
5% |
| Apr. 1, 2003-- Jun. 30, 2003 |
5% |
5% |
| Jul. 1, 2003 -- Sep. 30,
2003 |
5% |
5% |
| Oct. 1, 2003 -- Dec. 31, 2003 |
4% |
4% |
| Jan. 1, 2004 -- Mar. 31, 2004 |
4% |
4% |
| Apr. 1, 2004-- Jun. 30, 2004 |
5% |
5% |
| Jul. 1,
2004 -- Sep. 30, 2004 |
4% |
4% |
| Oct. 1, 2004 -- Dec. 31, 2004 |
5% |
5% |
|
Jan. 1, 2005 -- Mar. 31, 2005 |
5% |
5% |
|
Apr. 1, 2005 -- Jun. 30, 2005 |
6% |
6% |
| Jul. 1, 2005 -- Sep. 30, 2005 |
6% |
6% |
| Oct. 1, 2005 -- Dec. 31, 2005 |
7% |
7% |
| Jan. 1, 2006 -- Mar. 31, 2006 |
7% |
7% |
| Apr. 1, 2006 -- Jun. 30, 2006 |
7% |
7% |
| Jul. 1, 2006 -- Sep. 30, 2006 |
8% |
8% |
| Oct. 1, 2006 -- Dec. 31, 2006 |
8% |
8% |
| Jan. 1, 2007 -- Mar. 31, 2007 |
8% |
8% |
| Apr. 1, 2007 -- Jun. 30, 2007 |
8% |
8% |
| Jul. 1, 2007 -- Sep. 30, 2007 |
8% |
8% |
| Oct. 1, 2007 -- Dec. 31, 2007 |
8% |
8% |
| Jan. 1, 2008 -- Mar. 31, 2008 |
7% |
7% |
| Apr. 1, 2008 -- Jun. 30, 2008 |
6% |
6% |
| Jul. 1, 2008 -- Sep. 30, 2008 |
5% |
5% |
| Oct. 1, 2008 -- Dec. 31, 2008 |
6% |
6% |
| Jan. 1, 2009 -- Mar. 31, 2009 |
5% |
5% |
| Apr. 1, 2009 -- Jun. 30, 2009 |
4% |
4% |
| Jul. 1, 2009 -- Sep. 30, 2009 |
4% |
4% |
| Oct. 1, 2009 -- Dec. 31, 2009 |
4% |
4% |
| Jan. 1, 2010 -- Mar. 31, 2010 |
4% |
4% |
| Apr. 1, 2010 -- Jun. 30, 2010 |
4% |
4% |
TABLE OF CORPORATE INTEREST RATES
FROM JANUARY 1, 1999 -- PRESENT
| |
OVERPAYMENTS |
UNDERPAYMENTS |
LARGE OVERPAYMENTS |
LARGE UNDERPAYMENTS |
| Jan. 1, 1999 -- Mar. 31,
1999 |
6% |
7% |
4.50% |
9% |
| Apr. 1, 1999 -- Jun. 30,
1999 |
7% |
8% |
5.50% |
10% |
| Jul. 1, 1999 -- Sept. 30,
1999 |
7% |
8% |
5.50% |
10% |
| Oct. 1, 1999 -- Dec. 31,
1999 |
7% |
8% |
5.50% |
10% |
| Jan. 1, 2000 -- Mar. 31,
2000 |
7% |
8% |
5.50% |
10% |
| Apr. 1, 2000 -- Jun. 30,
2000 |
8% |
9% |
6.50% |
11% |
| Jul. 1, 2000 -- Sep. 30,
2000 |
8% |
9% |
6.50% |
11% |
| Oct. 1, 2000 -- Dec. 31,
2000 |
8% |
9% |
6.50% |
11% |
| Jan. 1, 2001 -- Mar. 31,
2001 |
8% |
9% |
6.50% |
11% |
| Apr. 1, 2001-- Jun. 30, 2001 |
7% |
8% |
5.50% |
10% |
| Jul. 1, 2001 -- Sept. 30,
2001 |
6% |
7% |
4.50% |
9% |
| Oct. 1, 2001 -- Dec. 31,
2001 |
6% |
7% |
4.50% |
9% |
| Jan. 1, 2002 -- Mar. 31,
2002 |
5% |
6% |
3.50% |
8% |
| Apr. 1, 2002-- Jun. 30, 2002 |
5% |
6% |
3.50% |
8% |
| Jul. 1, 2002 -- Sep. 30,
2002 |
5% |
6% |
3.50% |
8% |
| Oct. 1, 2002 -- Dec. 31,
2002 |
5% |
6% |
3.50% |
8% |
| Jan. 1, 2003 -- Mar. 31,
2003 |
4% |
5% |
2.50% |
7% |
| Apr. 1, 2003-- Jun. 30, 2003 |
4% |
5% |
2.50% |
7% |
| Jul. 1, 2003 -- Sep. 30,
2003 |
4% |
5% |
2.50% |
7% |
Oct. 1, 2003 -- Dec. 31, 2003 |
3% |
4% |
1.50% |
6% |
Jan. 1, 2004 -- Mar. 31, 2004 |
3% |
4% |
1.50% |
6% |
|
Apr. 1, 2004-- Jun. 30, 2004 |
4% |
5% |
2.50% |
7% |
Jul. 1, 2004 -- Sep. 30,
2004 |
3% |
4% |
1.50% |
6% |
Oct. 1, 2004 -- Dec. 31,
2004 |
4% |
5% |
2.50% |
7% |
Jan. 1, 2005 -- Mar. 31,
2005 |
4% |
5% |
2.50% |
7% |
Apr. 1, 2005 -- Jun. 30,
2005 |
5% |
6% |
3.50% |
8% |
Jul. 1, 2005 -- Sep. 30,
2005 |
5% |
6% |
3.50% |
8% |
Oct. 1, 2005 -- Dec. 31,
2005 |
6% |
7% |
4.50% |
9% |
Jan. 1, 2006 -- Mar. 31,
2006 |
6% |
7% |
4.50% |
9% |
Apr. 1, 2006 -- Jun. 30, 2006 |
6% |
7% |
4.50% |
9% |
Jul. 1, 2006 -- Sep. 30,
2006 |
7% |
8% |
5.50% |
10% |
Oct. 1, 2006 -- Dec. 31,
2006 |
7% |
8% |
5.50% |
10% |
Jan. 1, 2007 -- Mar. 31,
2007 |
7% |
8% |
5.50% |
10% |
Apr. 1, 2007 -- Jun. 30,
2007 |
7% |
8% |
5.50% |
10% |
Jul. 1, 2007 -- Sep. 30, 2007 |
7% |
8% |
5.50% |
10% |
Oct. 1, 2007 -- Dec. 31,
2007 |
7% |
8% |
5.50% |
10% |
Jan. 1, 2008 -- Mar. 31,
2008 |
6% |
7% |
4.50% |
9% |
Apr. 1, 2008 -- Jun. 30,
2008 |
5% |
6% |
3.50% |
8% |
Jul. 1, 2008 -- Sep. 30,
2008 |
4% |
5% |
2.50% |
7% |
Oct. 1, 2008 -- Dec. 31,
2008 |
5% |
6% |
3.50% |
8% |
Jan. 1, 2009 -- Mar. 31,
2009 |
4% |
5% |
2.50% |
7% |
Apr. 1, 2009 -- Jun. 30,
2009 |
3% |
4% |
1.50% |
6% |
Jul. 1, 2009 -- Sep. 30,
2009 |
3% |
4% |
1.50% |
6% |
Oct. 1, 2009 -- Dec. 31,
2009 |
3% |
4% |
1.50% |
6% |
Jan. 1, 2010 -- Mar. 31,
2010 |
3% |
4% |
1.50% |
6% |
Apr. 1, 2010 -- Jun. 30,
2010 |
3% |
4% |
1.50% |
6% |
OID Inflation-Adjusted
Dollar Amounts
The following figures are the original issue
discount inflation-adjusted dollar amounts for Code Section
1274A transactions (Special Rules for Certain Transactions
Where Stated Principal Amount Does Not Exceed $2,800,000)
:
BACKGROUND
In general, Code Sections 483 and 1274 determine
the principal amount of a debt instrument given in consideration
for the sale or exchange of nonpublicly traded property.
Interest on a debt instrument subject to section 1274
is also taken into account under the original issue discount
provisions of the Code. Section 1274A, however, modifies
the rules under Code Sections 483 and 1274 for certain
types of debt instruments.
In the case of a "qualified debt instrument,"
the discount rate used for purposes of sections 483 and
1274 may not exceed 9 percent, compounded semiannually.
A qualified debt instrument is defined as any debt instrument
given in consideration for the sale or exchange of property
(other than new section 38 property within the meaning
of section 48(b), as in effect on the day before the date
of enactment of the Revenue Reconciliation Act of 1990)
if the stated principal amount of the instrument does
not exceed the amount specified in Code Section 1274A(b).
For debt instruments arising out of sales or exchanges
before January 1, 1990, this amount is $2,800,000.
EXCEPTION:
In the case of a "cash method debt instrument,"
(as defined in Code Section 1274A(c)), the borrower and
lender may elect to use the cash receipts and disbursements
method of accounting. In particular, for any cash method
debt instrument, Code Section 1274 does not apply. Interest
on the instrument is accounted for by both the borrower
and the lender under the cash method of accounting.
A cash method debt instrument is defined
as a qualified debt instrument that meets the following
additional requirements: (a) the lender does not use an
accrual method of accounting and is not a dealer with
respect to the property sold or exchanged; (b) section
1274 would have applied to the debt instrument but for
an election under section 1274A(c); and (c) an election
under section 1274A(c) is jointly made with respect to
the debt instrument by the borrower and lender. In the
case of instruments arising out of sales or exchanges
before January 1, 1990, the stated principal amount must
not exceed $2,000,000. Rules concerning the time for,
and manner of, making this election can be found in Reg.
Section 1.1274A- 1(c)(1).
The dollar amounts stated in section 1274A(b)
and section 1274A(c)(2)(A) for any debt instrument arising
out of a sale or exchange during any calendar year after
1989 are increased by the inflation adjustment for the
calendar year. Any increase due to the inflation adjustment
is rounded to the nearest multiple of $100 (or, if the
increase is a multiple of $50 and not of $100, the increase
is increased to the nearest multiple of $100).
The inflation adjustment for any calendar
year is the percentage (if any) by which the CPI for the
preceding calendar year exceeds the CPI for calendar year
1988. The CPI for any calendar year is defined as the
average of the Consumer Price Index as of the close of
the 12-month period ending on September 30 of that calendar
year.
INFLATION-ADJUSTED AMOUNTS
For debt instruments arising out of sales
or exchanges after December 31, 1989, the inflation-adjusted
amounts under section 1274A are shown in Table 1.
Table 1
Inflation-Adjusted Amounts Under section
1274A
| Calendar Year of Sale or Exchange |
1274A(b) Amount (qualified
debt instrument) |
1274A(c)(2)(A) Amount (cash
method debt instrument) |
| 1990 |
$2,933,200 |
$2,095,100 |
| 1991 |
$3,079,600 |
$2,199,700 |
| 1992 |
$3,234,900 |
$2,310,600 |
| 1993 |
$3,332,400 |
$2,380,300 |
| 1994 |
$3,433,500 |
$2,452,500 |
| 1995 |
$3,523,600 |
$2,516,900 |
| 1996 |
$3,622,500 |
$2,587,500 |
| 1997 |
$3,723,800 |
$2,659,900 |
| 1998 |
$3,823,100 |
$2,730,800 |
| 1999 |
$3,885,500 |
$2,775,400 |
| 2000 |
$3,960,100 |
$2,828,700 |
2001 |
$4,085,900 |
$2,918,500 |
2002 |
$4,217,500 |
$3,012,500 |
2003 |
$4,280,800 |
$3,057,700 |
2004 |
$4,381,300 |
$3,129,500 |
2005 |
$4,483,300 |
$3,202,100 |
2006 |
$4,630,300 |
$3,307,400 |
2007 |
$4,800,800 |
$3,429,100 |
2008 |
$4,913,400 |
$3,509,600 |
2009 |
$5,131,700 |
$3,665,500 |
2010 |
$5,115,100 |
$3,653,600 |
Note: These inflation adjustments
were computed using the All-Urban, Consumer Price Index,
1982-1984 base, published by the Bureau of Labor Statistics.
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