Payroll

IRS: Interest Rates Decreasing for Q2 2026

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Last Updated: March 17, 2026

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Interest rates for the second quarter will drop, the IRS recently announced.

According to Revenue Ruling 2026-5, the rates for April, May and June of 2026 will be:

Overpayments — 6% (down from 7%)
Corporate overpayments — 5% (down from 6%)
Corporate overpayments, for the portion exceeding $10,000 — 3.5% (down from 4.5%)
Underpayments — 6% (down from 7%), and
Large corporate underpayments — 8% (down from 9%).

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Payroll

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