The IRS has released (Rev. Rul. 2024-04) the Applicable Federal Rates under Sec. 1274(d) of the Internal Revenue Code for April 2024. These rates are used for various tax purposes, including minimum rates for loans.
|
The AFRs
are as follows |
Annual
|
Semi-annual
|
Quarterly
|
Monthly
|
|
Short-term
|
4.89% | 4.83% | 4.80% | 4.78% |
|
Mid-term
|
4.30% | 4.25% | 4.23% | 4.21% |
|
Long-term
|
4.45% | 4.40% | 4.38% | 4.36% |
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