Irs Afr September 2025. Get a sneak peek at the anticipated irs mileage rate for 2025, including predictions for business, medical, and charity rates. In montly revenue rulings, the irs announces applicable federal rates that are used under sections 42, 382, 412, 1274, 1288, 7520, 7872, and other sections of the internal revenue.
Each month the internal revenue service surveys hundreds of interest rates for various financial instruments and publishes the applicable federal rate (afr) that is applicable for charitable deduction calculations. Each month, the internal revenue service provides various prescribed rates for federal income tax purposes and publishes the afr rates as revenue rulings.