IRS interest rates are unchanged for the fourth quarter of 2013 (October 1, 2013, through December 31, 2013). These are the rates changed on underpayments and overpayments:
The 3% rate applies to underpayments of estimated taxes by individuals. All of these rates have held steady since October 1, 2011.
Source: Rev. Rul. 2013-16
A sale of property that allows for tax deferment if at least one payment is received after the end of the tax year in which the sale occurs. The installment method does not apply to year-end sales of publicly traded securities. Dealers may not use the installment method. Investors with very large installment balances could face a special tax.