Revenue Rulings

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31 Jan 2012 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2012-7 indicates the applicable federal rate under section 7520 for February 2012 is 1.4%; unchanged from...

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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, Revenue Ruling 2012-2 indicates the applicable federal rate under section 7520 for January 2012 is 1.4%; down 0.2% from...

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21 Nov 2011 | Revenue Rulings | National Publication | News story

For purposes of determining the present value of an annuity, an interest for life or a term of years, or a...

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20 Oct 2011 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2011-25 indicates the applicable federal rate under section 7520 for November 2011 is 1.4%; unchanged from...

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22 Sep 2011 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2011-22 indicates the applicable federal rate under section 7520 for October 2011 is 1.4%; down 0.6% from...

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18 Aug 2011 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2011-20 indicates the applicable federal rate under section 7520 for September 2011 is 2.0%; down 0.2%...

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21 Jul 2011 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2011-16 indicates the applicable federal rate under section 7520 for August 2011 is 2.2%; down 0.2% from...

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23 Jun 2011 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2011-14 indicates the applicable federal rate under section 7520 for July 2011 is 2.4%; down 0.4% from the...

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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, Revenue Ruling 2011-13 indicates the applicable federal rate under section 7520 for June 2011 is 2.8%; down 0.2% from the...

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25 Apr 2011 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2011-11 indicates the applicable federal rate under section 7520 for May 2011 is 3.0%; unchanged from the...

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29 Mar 2011 | Revenue Rulings | National Publication | News story
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, Revenue Ruling 2011-10 indicates the applicable federal rate under section 7520 for April 2011 is 3.0%; unchanged from the...
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21 Feb 2011 | Revenue Rulings | National Publication | News story | 1 comments

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, Revenue Ruling 2011-6 indicates the applicable federal rate under section 7520 for March 2011 is 3.0%; up 0.2% from the...

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31 Jan 2011 | Revenue Rulings | National Publication | News story
The IRS has issued a correction to Rev. Rul. 2011-2 to include Table 6 which provides the rate of return for transfers made during calendar year 2011 to pooled income funds described in § 642(c)(5) that have been in existence for less than 3 taxable years immediately...
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18 Nov 2010 | Revenue Rulings | National Publication | News story
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, Revenue Ruling 2010-29 indicates the applicable federal rate under section 7520 for December 2010 is 1.8%; down 0.2% from...
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20 Oct 2010 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2010-26 indicates the applicable federal rate under section 7520 for November 2010 is 2.0%; unchanged...

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21 Sep 2010 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2010-24 indicates the applicable federal rate under section 7520 for October 2010 is 2.0%; down 0.4% from...

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19 Aug 2010 | Revenue Rulings | National Publication | News story
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, Revenue Ruling 2010-27 indicates the applicable federal rate under section 7520 for September 2010 is 2.4%; down 0.2% from...
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20 Jul 2010 | Revenue Rulings | National Publication | News story
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, Revenue Ruling 2010-19 indicates the applicable federal rate under section 7520 for August 2010 is 2.6%; down 0.2% from the...
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22 Jun 2010 | Revenue Rulings | National Publication | News story
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, Revenue Ruling 2010-18 indicates the applicable federal rate under section 7520 for July 2010 is 2.8%; down 0.4% from the...
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24 May 2010 | Revenue Rulings | National Publication | News story

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, Revenue Ruling 2010-15 indicates the applicable federal rate under section 7520 for June 2010 is 3.2%; down 0.2% from the...

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7520 Rates: February 1.4% January 1.4% December 1.6%

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Define: Revenue Rulings

A revenue ruling (Rev. Rul.) is an official interpretation by the IRS of the Internal Revenue Code, related statutes, tax treaties and regulations. It is the conclusion of the IRS on how the law is applied to a specific set of facts. Revenue rulings are considered tax precedent. This means that provided the facts match those in the ruling, individual taxpayers can apply their conclusions to their own transactions and the IRS is bound by them.