IRS Rev. Rul.: AFRs for March 2024 (IRC §1274)

Feb. 15, 2024, 8:04 PM UTC

Various prescribed rates for federal income tax purposes including the applicable federal interest rates, adjusted applicable federal interest rates, adjusted federal long-term rate, and adjusted federal long-term tax-exempt rate, the IRS released. These rates are determined as prescribed by I.R.C. §1274. The rates are published monthly for purposes of §42, §382, §412, §642, §1288, §1274, §7520, §7872, and various other sections. [Rev. Rul. 2024-4, 2024-10 I.R.B. __ (Mar. 4, 2024)]

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