Revenue Rulings

Bulk operations
 Rated
22 May 2013 | Revenue Rulings | National Publication | News story
June 7520 Rate Unchanged at 1.2%

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 2013-12 indicates the applicable federal rate under section 7520 for June 2013 is 1.2%; unchanged from the...
0
23 Apr 2013 | Revenue Rulings | National Publication | News story
May 7520 Rate Drops to 1.2%

For purposes of determining the present value of an annuity, an interest for life or a term of...
0
21 Mar 2013 | Revenue Rulings | National Publication | News story
April 7520 Rate Unchanged

For purposes of determining the present value of an annuity, an interest for life or a term of...
0
19 Feb 2013 | Revenue Rulings | National Publication | News story
March 7520 Rate Up Again to 1.4%

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 2013-7 indicates the applicable federal rate under section 7520 for March 2013 is 1.4%; up 0.2% from the...
0
23 Jan 2013 | Revenue Rulings | National Publication | News story
February 7520 Rate Bumps Up to 1.2%

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 2013-3 indicates the applicable federal rate under section 7520 for February 2013 is 1.2%; up 0.2% from...
0
19 Dec 2012 | Revenue Rulings | National Publication | News story
January 7520 Rate Declines to 1.0%; Deemed Rate for Pooled Income...

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 2013-1 indicates the applicable federal rate under section 7520 for January 2013 is 1.0%; down 0.2% from...
0
26 Nov 2012 | Revenue Rulings | National Publication | News story
December 7520 Rate Bumps Up to 1.2%

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 2012-31 indicates the applicable federal rate under section 7520 for December 2012 is 1.2%; up 0.2% from...
0
21 Oct 2012 | Revenue Rulings | National Publication | News story
November 7520 Rate Settles to 1.0%

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 2012-30 indicates the applicable federal rate under section 7520 for November 2012 is 1.0%; down 0.2% from...
0
25 Sep 2012 | Revenue Rulings | National Publication | News story
October 7520 Rate Increases to 1.2%

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 2012-28 indicates the applicable federal rate under section 7520 for October 2012 is 1.2%; up 0.2% from...
0
22 Aug 2012 | Revenue Rulings | National Publication | News story
September 7520 Rate Unchanged

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 2012-24 indicates the applicable federal rate under section 7520 for September 2012 is 1.0%; unchanged...
0
24 Jul 2012 | Revenue Rulings | National Publication | News story
August 7520 Rate Falls to Lowest in History

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 2012-20 indicates the applicable federal rate under section 7520 for Augest 2012 is 1.0%; down 0.2 from...
2
26 Jun 2012 | Revenue Rulings | National Publication | News story
July 7520 Unchanged at 1.2%

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 2012-20 indicates the applicable federal rate under section 7520 for July 2012 is 1.2%; unchanged from the...
0
22 May 2012 | Revenue Rulings | National Publication | News story
June 7520 Rate Drops to All-Time Low

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 2012-15 indicates the applicable federal rate under section 7520 for June 2012 is 1.2%; down 0.4% from the...
0
18 Apr 2012 | Revenue Rulings | National Publication | News story
May 7520 Rate Up a Tick to 1.6%

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 2012-13 indicates the applicable federal rate under section 7520 for May 2012 is 1.6%; up 0.2% from the...
0
22 Mar 2012 | Revenue Rulings | National Publication | News story
April 7520 Rate Unchanged at 1.4%

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 2012-11 indicates the applicable federal rate under section 7520 for April 2012 is 1.4%; unchanged from...
0
5 Mar 2012 | Revenue Rulings | National Publication | News story
March 7520 Rate Unchanged at 1.4%

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 2012-9 indicates the applicable federal rate under section 7520 for March 2012 is 1.4%; unchanged from the...
0
31 Jan 2012 | Revenue Rulings | National Publication | News story
February 7520 Rate Unchanged

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...
0
2 Jan 2012 | Revenue Rulings | National Publication | News story
January 7520 Rate Declines to 1.4%; Deemed Rate for Pooled Income...

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...
0
21 Nov 2011 | Revenue Rulings | National Publication | News story
December 7520 Rate Increases to 1.6%

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 2011-31 indicates the applicable federal rate under section 7520 for December 2011 is 1.6%; up 0.2% from...
0
20 Oct 2011 | Revenue Rulings | National Publication | News story
November 7520 Rate Unchanged: Still at Historic Low

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...
0
Syndicate content
7520 Rates: Jun 1.2% May 1.2% Apr 1.4% Mar 1.4%

Already a member?

Learn, Share, Gain Insight, Connect, Advance

Join Today For Free!

Join the PGDC community and…

  • Learn through thousands of pages of content, newsletters and forums
  • Share by commenting on and rating content, answering questions in the forums, and writing
  • Gain insight into other disciplines in the field
  • Connect – Interact – Grow
  • Opt-in to Include your proflie in our searchable national directory. By default, your identity is protected

…Market yourself to a growing industry

 

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.

Recent activity

March 7520 Rate Increases to 3.0%

"When making the announcement, you should also explain how the rate change is applied in computing federal lncome tax. Thank you." from Sam Bernsen.

April 7520 Rate Dips to 3.4%

"I just ran a 2-life CRAT, ages 60/60, 5% payout end of year, at 3.4% AFR, and indeed, it failed the 5% probability test. I re-ran it at 4.2% AFR (the..." from Mark Moritz.
"By my calculation, the 3.4 percent rate precludes a gift annuity at the recommended ACGA rates for a donor age 53 or younger, though of course you..." from Russell Willis.
"Great point Vaughn. Both the present value computation and the five percent probability test (applicable only to CRATs) are highly sensitive to the..." from Marc Hoffman.
"Have you run a CRT deduction calculator lately? I'd be concerned about the 3.4% AFR for April if you're proposing any sort of lifetime payout CRAT..." from Vaughn Henry.