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Mid Term Rates for 2019 MonthAnnualMonthly March 2.59% 2.56% April 2.55% 2.52% May 2.37% 2.35% June 2.38% 2.36%8 more rows
The applicable federal rate (AFR) is the interest rate that applies to personal loans. It is the minimum rate applicable to such loans under U.S. law. The AFR is implemented in the form of federal tax regulations that are enforced by the Internal Revenue Service (IRS).
The T in 4506-T stands for transcript, and the report will include a line-by-line printout of the information you included on past tax returns. You will only be able to gain access to tax documentation from the current year up to three years priorto gain access to older records, you must use Form 4506.
Adjusted AFRs These rates vary based on the loan term and its compounding period. The IRS multiplies the AFR by an adjustment factor to get these rates. The adjustment factor is 100% minus the product of a combined tax rate multiplied by a fixed percentage.
April 2024 The AFRs are as follows:AnnualMonthly Short-term (up to 3 years) 3.70% 3.64% Mid-term (3 to 9 years) 3.26% 3.21% Long-term (over 9 years) 3.37% 3.32%
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There are three AFR tiers based on the repayment term of a family loan: (1) Short-term rates, for loans with a repayment term up to three years. (2) Mid-term rates, for loans with a repayment term between three and nine years. (3) Long-term rates, for loans with a repayment term greater than nine years.
▶ For more information about Form 4506-T, visit .irs.gov/form4506t. Tip: Get faster service: Online at .irs.gov, Get Your Tax Record (Get Transcript) or by calling 1-800-908-9946 for specialized assistance. We have teams available to assist.
Use Form 4506-T to request tax return information. You can also designate (on line 5a) a third party to receive the information. Taxpayers using a tax year beginning in one calendar year and ending in the following year (fiscal tax year) must file Form 4506-T to request a return transcript.

4506 t form 2019