Applicable Federal Rates | Internal Revenue Service
Summary: Revenue Ruling 2026-19 outlines the prescribed federal income tax rates for October 2026, including AFRs, adjusted AFRs, Section 382 rates, low-income housing credit percentages, and Section 7520 annuity valuation rates.
This document, Revenue Ruling 2026-19, provides the prescribed federal income tax rates for October 2026. It includes five tables: Table 1 lists short-term, mid-term, and long-term Applicable Federal Rates (AFR); Table 2 provides adjusted AFRs for section 1288(b); Table 3 details rates under section 382, including the adjusted federal long-term rate and long-term tax-exempt rate; Table 4 specifies appropriate percentages for the low-income housing credit under section 42(b)(1); and Table 5 provides the federal rate for determining the present value of annuities and other interests under section 7520.
Document outline
1. Table 1: Applicable Federal Rates (AFR) for October 2026 2. Table 2: Adjusted AFR for October 2026 3. Table 3: Rates Under Section 382 for October 2026 4. Table 4: Appropriate Percentages Under Section 42(b)(1) for October 2026 5. Table 5: Rate Under Section 7520 for October 2026