Revenue Ruling 2009-29 provides various prescribed rates for federal income tax
purposes for September 2009 (current month) including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long-term rate, the adjusted federal long-term tax-exempt rate. These rates are determined as prescribed by ยง 1274.
The Section 7520 rate is 3.4 percent.
The AFRs are as follows:
Short-Term:
purposes for September 2009 (current month) including the applicable federal interest rates, the adjusted applicable federal interest rates, the adjusted federal long-term rate, the adjusted federal long-term tax-exempt rate. These rates are determined as prescribed by ยง 1274.
The Section 7520 rate is 3.4 percent.
The AFRs are as follows:
Short-Term:
- Annual: 0.84 percent
- Semi-Annual: 0.84 percent
- Quarterly: 0.84 percent
- Monthly: 0.84 percent
- Annual: 1.99 percent
- Semi-Annual: 1.98 percent
- Quarterly: 1.98 percent
- Monthly: 1.97 percent
- Annual: 4.33 percent
- Semi-Annual: 4.28 percent
- Quarterly: 4.26 percent
- Monthly: 4.24 percent
Posted by Raj Chudgar, Associate Editor, Wealth Strategies Journal.
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