IRS Overpayment Interest Rate — Non-Corporate
United States What the IRS pays individuals on refunds/overpayments.
Current rate
7% per year, effective July 1, 2026 Published value
The non-corporate overpayment rate is the interest the IRS pays individual taxpayers when it holds an overpayment (for example, a delayed refund). It is set quarterly under §6621 and, for non-corporate taxpayers, equals the federal short-term rate plus 3 percentage points.
→ Calculate interest at this rate
Effective-date history
| Effective date | Rate | Basis |
|---|---|---|
| July 1, 2026 | 7% | Published |
| April 1, 2026 | 6% | Published |
| January 1, 2026 | 7% | Published |
| October 1, 2025 | 7% | Published |
| July 1, 2025 | 7% | Published |
| April 1, 2025 | 7% | Published |
| January 1, 2025 | 7% | Published |
| October 1, 2024 | 8% | Published |
| July 1, 2024 | 8% | Published |
| April 1, 2024 | 8% | Published |
| January 1, 2024 | 8% | Published |
| October 1, 2023 | 8% | Published |
| July 1, 2023 | 7% | Published |
| April 1, 2023 | 7% | Published |
| January 1, 2023 | 7% | Published |
| October 1, 2022 | 6% | Published |
| July 1, 2022 | 5% | Published |
| April 1, 2022 | 4% | Published |
| January 1, 2022 | 3% | Published |
| October 1, 2021 | 3% | Published |
| July 1, 2021 | 3% | Published |
| April 1, 2021 | 3% | Published |
| January 1, 2021 | 3% | Published |
| October 1, 2020 | 3% | Published |
| July 1, 2020 | 3% | Published |
| April 1, 2020 | 5% | Published |
| January 1, 2020 | 5% | Published |
| October 1, 2019 | 5% | Published |
| July 1, 2019 | 5% | Published |
| April 1, 2019 | 6% | Published |
| January 1, 2019 | 6% | Published |
| October 1, 2018 | 5% | Published |
| July 1, 2018 | 5% | Published |
| April 1, 2018 | 5% | Published |
| January 1, 2018 | 4% | Published |
| October 1, 2017 | 4% | Published |
| July 1, 2017 | 4% | Published |
| April 1, 2017 | 4% | Published |
| January 1, 2017 | 4% | Published |
Source & provenance
Latest value retrieved July 10, 2026 (02:55 UTC) from the official source:
https://www.irs.gov/payments/quarterly-interest-rates
Reference data only — not legal, tax, or financial advice. Always confirm the controlling value
against the official source and, where applicable, the governing statute or court before relying on it.