IRS Rev. Rul.: Applicable Federal Rates for September 2024 (IRC §1274)

Various prescribed rates for September 2024 for federal income tax purposes including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long-term rate, and the adjusted federal long-term tax-exempt rate, the IRS released. The rates are published monthly for purposes of §42, §382, §412, §642, §1288, §1274, §7520, §7872, and various other sections of the Code. Table 1 contains the short-term, mid-term, and long-term applicable federal rates for the current month for purposes of §1274(d). Table 2 contains the short-term, mid-term, and long-term adjusted applicable federal rates for the current month for purposes of §1288(b). ...