Quarterly Interest Rates Remain Same for 1st Quarter 2015

IRS has announced the interest rates for the 1st quarter of 2015.  The rates remain the same across the board as:

• 3% for most overpayments (2% for corporation overpayments)
• 3% for underpayments
• 5% for large corporate underpayments
• 0.5% for corporate overpayments exceeding $10,000

These rates have not changed since October 1, 2011, and now continue through March 31, 2015.  (For purposes of Form 2210, these rates remain in effect through April 15, 2015.)

Revenue Ruling 2014-29