The IRS announced that the overpayment and underpayment interest rates for the calendar quarter beginning April 1 are unchanged. The interest rate is 7 percent per year, compounded daily, for individuals, 6 percent for corporations, 4.5 percent for the portion of a corporate overpayment of tax exceeding $10,000, 7 percent for underpayments, and 9 percent for large corporate underpayments. [IR-2025-29 (March 6, 2025)]
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