Interest Rates Holding Steady for Q2 - Martin Hood LLC
post-template-default,single,single-post,postid-1829,single-format-standard,mkd-core-1.0.2,ajax_fade,page_not_loaded,boxed,has_general_padding,onyx child-child-ver-1.0.0,onyx-ver-1.9, vertical_menu_with_scroll,smooth_scroll,header_general_padding,,grid_1200,wpb-js-composer js-comp-ver-6.5.0,vc_responsive

Interest Rates Holding Steady for Q2

Beginning April 1, 2017 for the duration of the quarter, the IRS announced that interest rates will remain at 4% for over-payments and underpayments.


In regard to corporations, interest rates will be:

  • 4 percent for over-payments [3 percent in the case of a corporation]
  • 1.5 percent for the portion of a corporate over-payment exceeding $10,000
  • 4 percent for underpayments; and
  • 6 percent for large corporate underpayment


For taxpayers other than corporations, the overpayment and underpayment rate is the federal short-term rate plus 3 percentage points.