IThe Internal Revenue Service announces that interest rates will remain the same for the calendar quarter beginning July ¹ , 2025.

For individuals, the rate for overpayments and underpayments will be 7% per year, compounded daily Here is a complete list of the interest 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 quarterly basis. For taxpayers other than corporations, the overpayment and underpayment rates are equal to the federal short-term rate plus three percentage points.

Por lo general, en el caso de una sociedad anónima, la tasa de pago insuficiente es la tasa federal a corto plazo más tres puntos porcentuales y la tasa de pago excesivo es la tasa federal a corto plazo más dos puntos porcentuales. Generally, in the case of a corporation, the underpayment rate is the federal short-term rate plus three percentage points and the overpayment rate is the federal short-term rate plus two percentage points. Generally, in the case of a corporation, the underpayment rate is the federal short-term rate plus three percentage points and the overpayment rate is the federal short-term rate plus two percentage points.

These interest rates are computed from the federal short-term rate determined during April 2025.

Revenue Ruling 2025-11   announcing the rates of interest will appear in Internal Revenue Bulletin 2025-23, dated June 2, 2025.