Irs 2024 Interest Rates. The cd offered an apy of 5.10%, and by the time it. Pursuant to internal revenue code 7520, the interest rate for a particular month is the rate that is 120 percent of the applicable federal midterm rate (compounded annually) for.

Pursuant to internal revenue code 7520, the interest rate for a particular month is the rate that is 120 percent of the applicable federal midterm rate (compounded annually) for. As of january 2024, interest rates for tax underpayments of general corporation tax (gct), unincorporated business tax (ubt), banking corporation tax (bct), and business corporation tax are set at a.