The IRS released the interest rates on tax overpayments and underpayments for the third quarter of 2018.
The interest rates on overpayments will be 5% for individuals and 4% for corporations. Corporate overpayments exceeding $10,000 will have a 2.5% interest rate.
The rate charged on underpayments will be 5%, but large corporate underpayments will be charged 7%.
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