INTEREST RATES REMAIN THE SAME FOR THE FOURTH QUARTER OF 2026

WASHINGTON, Aug. 20 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following IRS Employee Plans News:

The Internal Revenue Service today announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2026.

For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily. Here is a complete list of the new rates:

* 7% for overpayments (payments made in excess of the amount owed), 6% for corporations. * 4.5% for the portion of a corporate overpayment exceeding $10,000. * 7% for underpayments (taxes owed but not fully paid). * 9% for large corporate underpayments.

Under the Internal Revenue Code, the rate of interest is determined on a quarterl...