09-23-2003, 04:41 AM
| |||
| |||
 Re: How to use Applicable Federal Rates? mike_20878[at]hotmail.com (Michael S. Rosen) wrote: - quote - > What is the significance of the other rate lines in the
I got my answer from the IRS:> AFRs? I.e. 110%, 120%, etc. "section 1274 of the internal revenue code applies online www.irs.gov 110% is for sale leasebacks. low income housing 120% and 130% rules apply, all others are at the afr which is considered the 100% rule, rarely is an individual involved with a rate of 110 or above" Mike << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#-1
09-18-2003, 05:23 AM
| |||
| |||
| How to use Applicable Federal Rates? What is the significance of the other rate lines in the AFRs? I.e. 110%, 120%, etc. Thanks, Mike << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| applicable, federal, rates |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Federal and State Tax VerticalCobra: Does anybody use MS Money 2004 to do their payslips and the associated Federal and State Taxes ? How do I separate both these taxes ? Is it a good... | Microsoft Money | 2 | 02-12-2005 12:18 AM | |
| Re: Federal rewards, Tax free? Gene E. Utterback, EA: "hfs2" <hfs2@yahoo.com> wrote: > The Sadam boys' informant looks to collect both $15 million > rewards. Are these tax free? Define taxes -... | Taxes | 1 | 07-25-2003 02:28 AM | |
| Thread Tools | |
| Display Modes | |
| |
Linear Mode
