16-Sep-20
October Interest Rates
AFR Changes:
The October, 2020 AFR interest rates and the IRC 7520 interest rate were released by the IRS yesterday.
Short-term AFR Rate: 0.14%
Mid-term AFR Rate: 0.38%
Long-term AFR Rate: 1.12% (that is up from 1.0% for September)
IRC 7520 Rate: 0.40% (the rate used to value life estate and retained interests in CRATs, CRUTs, GRATs and QPRTs)