$24.95 
Learn more
August 23, 2010 12:00 am
IRS Interest Rates Unchanged for Fourth Quarter
The interest rates paid on overpayments and underpayments remain the same in the fourth quarter of 2010 as they have been all year. Individuals will pay 4% on underpayments and receive interest of 4% on overpayments during this period. This rate has been in effect since April 1, 2009.
Source: Rev. Rul. 2010-21; 2010-39 IRB 1
advertisement
Featured Books
Tax Glossary
Adjusted basis
A statutory term describing the cost used to determine your profit or loss from a sale or exchange of property. It is generally your original cost, increased by capital improvements, and decreased by depreciation, depletion, and other capital write-offs.
