IRS Rev. Rul.: Applicable Federal Rates for March 2025 (IRC §1274)

The IRS released a revenue ruling detailing the various prescribed rates for federal income tax purposes for March 2025. Table 1 contains the short-term, mid-term, and long-term applicable federal rates (AFR) for the current month for I.R.C. §1274(d) purposes. Table 2 contains the short-term, mid-term, and long-term adjusted applicable federal rates (adjusted AFR) for the current month for purposes of I.R.C. §1288(b). Table 3 contains the adjusted federal long-term rate and the long-term tax-exempt rate described in §382(f). Table 4 contains the appropriate percentages for determining the low-income housing credit described in §42(b)(1) for buildings placed in service during the ...