Revenue Ruling 2011-4 provides various prescribed rates for federal income tax purposes for February 2011 (the 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 section 1274.
The section 7520 rate is 2.8 percent.
The AFRs are as follows:
Short-Term:
- Annual: .51 percent
- Semi-Annual: .51 percent
- Quarterly: .51 percent
- Monthly: .51 percent
- Annual: 2.33 percent
- Semi-Annual: 2.32 percent
- Quarterly: 2.31 percent
- Monthly: 2.31 percent
- Annual: 4.15 percent
- Semi-Annual: 4.11 percent
- Quarterly: 4.09 percent
- Monthly: 4.08 percent
Posted by James G. Haskell, Associate Editor, Wealth Strategies Journal
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