Interest rates for the calendar quarter beginning January 1, 2025
The IRS today released Rev. Rul. 2024-25 that provides the rates of interest with regard to tax underpayments and tax overpayments for the calendar quarter beginning January 1, 2025. The rates of interest will decrease for the first calendar quarter of 2025.
Rev. Rul. 2024-25 lists the interest rates for the calendar quarter beginning January 1, 2025, as follows:
Read a related IRS release—IR-2024-290 (November 18, 2024)
Rhonda Gibson | rkgibson@kpmg.com
Elizabeth Marchand | emarchand@kpmg.com