7520 Rate for May down to 1.8%
Summary
For purposes of determining the present value of an annuity, an interest for life or a term of years, or a remainder or a reversionary interest, the applicable federal rate under section 7520 for May 2015 is 1.8%; Down a tic from last month's rate.
Click here to review all historical discount rates.
Advisors should be aware that the 7520 rate affects many charitable deductions. When calculating a deduction the current month's rate or the prior two months' rates may be used to optomize the deduction based on planning objectives.
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