IRS Rev. Rul.: Prescribed Federal Rates for January 2026 (IRC §1274)

The IRS issued a revenue ruling providing various prescribed rates for federal income tax purposes for January 2026. The ruling includes rates for corporate ownership changes under I.R.C. §382, percentages for low-income housing credits under I.R.C. §42, rates for present value calculations under I.R.C. §7520, deemed rates for pooled income funds, and average applicable federal mid-term rates for life insurance contracts under I.R.C. §7702. [Rev. Rul. 2026-2 (Dec. 15, 2025)]

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