# Bulletin No. 2026–22

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URL: https://www.frixlaw.com/law-library/documents/agency%3Airs%3A25373ddccbac39ee

## Record

- **Collection:** Agency decision
- **Document type:** Agency decision

## Text

HIGHLIGHTS
OF THIS ISSUE




Bulletin No. 2026–22
May 26, 2026

These synopses are intended only as aids to the reader in
identifying the subject matter covered. They may not be
relied upon as authoritative interpretations.

ADMINISTRATIVE

INCOME TAX

Rev. Proc. 2026-23, page 1542.

Notice 2026-29, page 1537.

This Revenue Procedure provides issuers of qualified mortgage bonds and mortgage credit certificates with (1) the
nationwide average purchase price for residences located in
the United States, and (2) the average area purchase price
safe harbors for residences located in statistical areas in
each state, the District of Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa, the Virgin Islands, and
Guam.

Rev. Rul. 2026-10, page 1515.

Interest rates: underpayments and overpayments. The rates
for interest determined under Section 6621 of the code for
the calendar quarter beginning July 1, 2026, will be 7 percent for overpayments (6 percent in the case of a corporation), 7 percent for underpayments, and 9 percent for large
corporate underpayments. The rate of interest paid on the
portion of a corporate overpayment exceeding $10,000 will
be 4.5 percent.

EMPLOYEE PLANS
TD 10046, page 1512.

This document contains final regulations providing that
amounts paid to a member of an Indian Tribe as remuneration for services performed in a fishing rights-related
activity may be treated as compensation for purposes of
applying the limits on qualified retirement plan benefits
and contributions. These regulations affect participants
who perform fishing rights-related activities and their
beneficiaries, and sponsors and administrators of Tribal
plans.

Finding Lists begin on page ii.

This notice publishes the inflation adjustment factor for the
carbon oxide sequestration credit under § 45Q for calendar
year 2026. The inflation adjustment factor is used to determine the amount of the credit allowable under § 45Q for
taxpayers that make an election under § 45Q(b)(3) to have
the dollar amounts applicable under § 45Q(a)(1) or (2) apply.

Notice 2026-30, page 1539.

This notice publishes the reference price under § 45K(d)(2)
(C) of the Internal Revenue Code for calendar year 2025.
The reference price applies in determining the amount of
the enhanced oil recovery credit under § 43, the marginal
well production credit under § 45I, and the percentage
depletion in case of oil and natural gas produced from marginal properties under § 613A.

Rev. Proc. 2026-21, page 1538.

This revenue procedure establishes a significant issue ruling
program to allow taxpayers to request rulings on one or more
issues that (1) are solely under the jurisdiction of the Associate
Chief Counsel (Corporate), (2) are significant, and (3) involve
the tax consequences or characterization of a transaction (or
part of a transaction) that is described in § 332, 351, 355,
368, or 1036. Rev. Proc. 2026-1, 2026-1 I.R.B. 1, and Rev.
Proc. 2026-3, 2026-1 I.R.B. 143, are modified and amplified.

Rev. Proc. 2026-22, page 1541.

This revenue procedure provides indexing adjustments for
the applicable dollar amounts under section 4980H(c)(1) and
(b)(1) of the Internal Revenue Code. These indexed amounts
are used to calculate the employer shared responsibility payments under section 4980H(a) and (b)(1), respectively.

The IRS Mission
Provide America’s taxpayers top-quality service by helping
them understand and meet their tax responsibilities and
enforce the law with integrity and fairness to all.

Introduction
The Internal Revenue Bulletin is the authoritative instrument
of the Commissioner of Internal Revenue for announcing official rulings and procedures of the Internal Revenue Service
and for publishing Treasury Decisions, Executive Orders, Tax
Conventions, legislation, court decisions, and other items of
general interest. It is published weekly.
It is the policy of the Service to publish in the Bulletin all substantive rulings necessary to promote a uniform application
of the tax laws, including all rulings that supersede, revoke,
modify, or amend any of those previously published in the
Bulletin. All published rulings apply retroactively unless otherwise indicated. Procedures relating solely to matters of internal management are not published; however, statements of
internal practices and procedures that affect the rights and
duties of taxpayers are published.
Revenue rulings represent the conclusions of the Service
on the application of the law to the pivotal facts stated in
the revenue ruling. In those based on positions taken in rulings to taxpayers or technical advice to Service field offices,
identifying details and information of a confidential nature are
deleted to prevent unwarranted invasions of privacy and to
comply with statutory requirements.
Rulings and procedures reported in the Bulletin do not have the
force and effect of Treasury Department Regulations, but they
may be used as precedents. Unpublished rulings will not be
relied on, used, or cited as precedents by Service personnel in
the disposition of other cases. In applying published rulings and
procedures, the effect of subsequent legislation, regulations,
court decisions, rulings, and procedures must be considered,
and Service personnel and others concerned are cautioned

against reaching the same conclusions in other cases unless
the facts and circumstances are substantially the same.
The Bulletin is divided into four parts as follows:
Part I.—1986 Code.
This part includes rulings and decisions based on provisions
of the Internal Revenue Code of 1986.
Part II.—Treaties and Tax Legislation.
This part is divided into two subparts as follows: Subpart A,
Tax Conventions and Other Related Items, and Subpart B,
Legislation and Related Committee Reports.
Part III.—Administrative, Procedural, and Miscellaneous.
To the extent practicable, pertinent cross references to these
subjects are contained in the other Parts and Subparts. Also
included in this part are Bank Secrecy Act Administrative
Rulings. Bank Secrecy Act Administrative Rulings are issued
by the Department of the Treasury’s Office of the Assistant
Secretary (Enforcement).
Part IV.—Items of General Interest.
This part includes notices of proposed rulemakings, disbarment and suspension lists, and announcements.
The last Bulletin for each month includes a cumulative index
for the matters published during the preceding months. These
monthly indexes are cumulated on a semiannual basis, and are
published in the last Bulletin of each semiannual period.

The contents of this publication are not copyrighted and may be reprinted freely. A citation of the Internal Revenue Bulletin as the source would be appropriate.

May 26, 2026 

Bulletin No. 2026–22

Part I
1.415(a)-1(g)(5); 1.415(c)-2(g)(9)

TD 10046
DEPARTMENT OF THE
TREASURY
Internal Revenue Service
26 CFR Part 1
Treatment of Income
from Indian Fishing
Rights-Related Activity as
Compensation
AGENCY: Internal Revenue Service
(IRS), Treasury.
ACTION: Final Regulations.
SUMMARY: This document contains
final regulations providing that amounts
paid to a member of an Indian Tribe as
remuneration for services performed in
a fishing rights-related activity may be
treated as compensation for purposes of
applying the limits on qualified retirement
plan benefits and contributions. These regulations affect participants, beneficiaries,
sponsors, and administrators of Tribal
plans.
DATES: Effective Date: These regulations are effective on May 4, 2026.
Applicability Date: For date of applicability, see §1.415(a)-1(g)(5).
FOR FURTHER INFORMATION
CONTACT: Jamie Dvoretzky at (202)
317-4102, or Pamela Kinard at (202) 3176000 (not toll-free numbers).
SUPPLEMENTARY INFORMATION:
Authority
This Treasury Decision contains final
regulations that amend the Income Tax
Regulations (26 CFR part 1) under section 415, related to the definition of the
term “compensation” for purposes of

May 26, 2026

contribution and benefit limits applicable
to qualified retirement plans. These final
regulations are issued under the authority
granted by section 415(j) of the Internal
Revenue Code (Code), which authorizes
the Secretary of the Treasury or his delegate (Secretary) to prescribe such regulations as may be necessary to carry out the
purposes of section 415. These final regulations are also issued under the authority
granted by section 7805(a), which authorizes the Secretary to prescribe all needful
rules and regulations for the enforcement
of the Code.
Background
This document contains amendments
to regulations under section 415 of the
Code, which generally imposes limitations on the annual amount that a qualified
retirement plan may provide, with respect
to a participant, in either benefit payments
or in contributions and other additions to
the plan. These limitations generally are
based on a participant’s compensation.
Section 415(c)(3) provides that the term
“participant’s compensation” means the
compensation of the participant from the
employer for the year.
Section 1.415(c)-2(a) of the Income
Tax Regulations generally provides that
compensation from the employer within
the meaning of section 415(c)(3) includes
all items of remuneration described in
§1.415(c)-2(b) to the extent that the
amounts are includible in gross income,
but excludes the items of remuneration
described in §1.415(c)-2(c), such as contributions made by an employer to a plan
of deferred compensation to the extent
that the contributions are not includible in
the gross income of the employee for the
taxable year in which contributed.
Section 7873(a)(1) provides that no
tax shall be imposed on income derived
from a fishing rights-related activity of
an Indian tribe by (A) a member of the
Indian tribe directly or through a qualified Indian entity, or (B) a qualified Indian
entity. Section 7873(a)(2) provides that
no employment tax shall be imposed on
remuneration paid for services performed
in a fishing rights-related activity of an
Indian tribe by a member of such tribe

1512

for another member of such tribe or for a
qualified Indian entity.
On November 15, 2013, proposed
regulations under section 415 were published in the Federal Register (78 FR
68780). The proposed regulations would
provide that income described in section
7873(a) (“fishing rights-related income”)
is included in the definition of compensation under section 415. Specifically, the
proposed regulations would provide that
amounts paid to a member of an Indian
tribe as remuneration for services performed in a fishing rights-related activity
(as defined in section 7873(b)(1)) do not
fail to be treated as compensation under
§1.415(c)-2(b)(1) and (b)(2) (and are not
excluded from the definition of compensation pursuant to §1.415(c)-2(c)(4)) merely
because those amounts are not subject to
income tax or employment taxes as a result
of section 7873(a)(1) and (a)(2). Thus, the
determination of whether an amount constitutes wages, salaries, or earned income
for purposes of §1.415(c)-2(b)(1) or (b)(2)
is made without regard to the exemption
from income tax under section 7873(a)(1)
or employment tax under section 7873(a)
(2). In addition, by permitting fishing
rights-related income to be treated as
wages, salaries, or earned income under
§1.415(c)-2(b)(1) and (b)(2), plans that
accept contributions of fishing rights-­
related income would not be precluded
from utilizing the safe harbor definitions
of compensation under §1.415(c)-2(d)(2)
and (d)(3).
Written comments on the proposed
regulations were received and considered.
The Department of the Treasury (Treasury Department) and the IRS did not
receive any requests for a public hearing
to address the proposed regulations, and,
accordingly, no hearing was held. The
Treasury Department held a Tribal consultation on this proposed rule on December 17, 2013. Additionally, on August 22,
2024, the Treasury Department met with
the Treasury Tribal Advisory Committee,
Subcommittee on Parity and Reform and
received additional feedback on the proposed regulations. After consideration of
the comments received, the proposed regulations are adopted by this Treasury decision without material modification.

Bulletin No. 2026–22

Summary of Comments and
Explanation of Provisions
A. Treatment of Fishing Rights-Related
Income as Compensation under Section
415
The proposed regulations were issued
primarily in response to requests from
the Tribal community that the Treasury
Department and the IRS address whether
contributions can be made to qualified retirement plans based on fishing
rights-related income. Under the proposed
regulations, fishing rights-related income
would not fail to be treated as compensation under §1.415(c)-2(b)(1) and (b)(2)
(and is not excluded from the definition of
compensation pursuant to §1.415(c)-2(c)
(4)) merely because those amounts are not
subject to income tax or employment tax
as a result of section 7873(a)(1) or (a)(2).
Commenters generally reacted favorably to this proposed rule, stating that
the proposed regulations provided much
needed clarity on how plans should treat
fishing rights-related income paid to
employees subject to section 7873 (Tribal
employees) under section 415. The Treasury Department and the IRS also received
comments stating that additional guidance is needed with respect to a variety
of issues relating to fishing rights-­related
income in retirement plans. Many of these
issues are outside the scope of these regulations, which are modifying the definition
of compensation for purposes of section
415, and so the text of the final regulations
does not address them. However, this preamble (under the headings “Taxation of
Distributions,” “Treating Contributions as
Roth Contributions,” and “Self-Employed
Tribal Members” in this Summary of
Comments and Explanation of Provisions)
provides clarifying information relating to
many of these issues.
B. Taxation of Distributions
The preamble to the proposed regulations requested comments regarding the

taxation of qualified plan distributions
attributable to contributions based on fishing rights-related income, and the application of section 72(f)(2)1 to such distributions. All of the comments received
requested that distributions attributable
to contributions based on fishing rights-­
related income should not be taxable to a
Tribal employee.
Several of the commenters referred
to Hall v. Commissioner, 76 T.C.M. 473
(1998), in which the petitioner was a
full-time employee in a Tribal fish hatchery who received a choice between an
employer contribution to a retirement
account or an employer contribution to a
health plan. In 1992, the petitioner elected
the retirement benefit and the employer
contributed a monthly amount to an individual retirement account (IRA). That
same year, the petitioner received early
distributions from the IRA attributable
to those employer contributions and to
income earned in the IRA. The Tax Court
generally found that, under section 72 (as
modified by section 408(d)(1) and (2)), the
amount of the distributions attributable to
contributions based on fishing rights-­
related income represents a nontaxable
return of his investment in the contract,
but added that the amount of distributions
attributable to the earnings on the IRA
contributions represents accrued income
that is taxable to the petitioner.
In response to the requests to clarify
the taxation of qualified plan distributions
attributable to contributions based on fishing rights-related income, the Treasury
Department and the IRS have determined
that the holding in Hall v. Commissioner
should apply to these distributions. Thus,
consistent with Hall, any contribution to
a qualified retirement plan that is attributable to remuneration for services performed by a Tribal employee in a fishing
rights-related activity is treated as investment in the contract for a plan participant
under the rules of section 72(f)(2). Therefore, any distribution of such amounts is
nontaxable to the participant. However,
also consistent with Hall, the amount of

the distribution attributable to earnings on
those contributions is taxable.
Another commenter raised an issue
regarding the ordering for determining
the taxable and nontaxable amounts of
a qualified retirement plan distribution.
Referring to qualified retirement plan
distributions attributable to fishing rights-­
related income, this commenter suggested
that plan participants be allowed to elect
the order in which the qualified retirement
plan distributions are made so that the nontaxable amounts could be received first.
This suggestion is not adopted because
it is inconsistent with the basis recovery
rules in section 72.2 Tribal employees will
have investment in the contract on contributions to the plan attributable to fishing
rights-related income, and thus the general basis recovery rules of section 72 will
apply.
The Treasury Department and the
IRS also received comments concerning
the treatment of earnings on contributions attributable to fishing rights-related
income and the treatment of employer
matching and profit-sharing contributions
related to contributions attributable to fishing rights-related income. As explained in
the preceding paragraph, section 72 provides basis recovery rules for determining the taxable and nontaxable portions
of a distribution. Section 72(f) applies to
amounts contributed by the employer and
does not distinguish employer matching
or employer profit-sharing contributions
from employee elective deferrals (which
are treated as employer contributions pursuant to section 402(e)(3)). Therefore, section 72(f)(2) applies not only to employee
elective deferrals but also to employer
matching and employer ­profit-sharing
contributions attributable to remuneration for services performed by a Tribal
employee in a fishing rights-related activity. As explained in Hall v. Commissioner,
however, section 72(f)(2) does not apply
to earnings. Therefore, qualified retirement plan distributions attributable to the
earnings on contributions based on fishing rights-related income generally will

Section 72(f)(2) treats employer contributions as investment in the contract if those amounts would not have been includible in income of the employee had they been paid directly to the
employee.
2
Section 72(b) provides that gross income does not include that part of any amount received as an annuity which bears the same ratio to such amount as the investment in the contract bears
to the expected return under the contract.
1

Bulletin No. 2026–22

1513

May 26, 2026

be taxable to the participant and the basis
recovery rules of section 72 will apply in
determining the portion of a distribution
that is includible in income.
C. Treating Contributions as Roth
Contributions
One commenter suggested that guidance be provided to allow a qualified
retirement plan to treat contributions
attributable to fishing rights-related
income as either Roth contributions or
after-tax contributions. The commenter
added that the guidance could provide
that, if the plan permits participants
to make Roth contributions, then the
employee’s contributions attributable to
fishing rights-related income would be
treated as Roth contributions. If the plan
does not provide for Roth contributions,
then these contributions would be treated
as after-tax contributions.
Section
1.401(k)-1(f)(2)
provides
that if an elective contribution would not
have been includible in gross income if
the amount had been paid directly to the
employee (rather than being subject to a
cash or deferred election), the elective contribution is nevertheless permitted to be a
designated Roth contribution, provided the
employee is entitled to treat the amount as
an investment in the contract pursuant to
section 72(f)(2). As previously stated in this
preamble under the heading “Taxation of
Distributions,” any contributions attributable to remuneration for services performed
in a fishing rights-related activity are treated
as investment in the contract for the plan
participant under the rules of section 72(f)
(2). Therefore, contributions attributable to
fishing rights-related income are permitted
to be designated Roth contributions under a
qualified retirement plan that permits participants to make those contributions.
D. Self-Employed Tribal Members
Two commenters asked about the retirement plan options for Tribal members who
earn fishing rights-related income but who
may not be employed by an Indian tribe.
Section 401(a) provides that a plan of an
employer is a qualified plan only if it is created or organized for the exclusive benefit
of the employer’s employees or their beneficiaries. For these purposes, whether an

May 26, 2026

individual is an employee of the employer
maintaining a plan is generally determined
under common law principles. See Nationwide Mutual Insurance Co. v. Darden, 503
U.S. 318 (1992). Self-employed individuals generally may not participate in a qualified retirement plan sponsored by another
employer. Moreover, whether an individual
earns fishing-rights related income is not
determinative of whether that individual is
an employee. However, an individual who
is self-employed under section 401(c)(1)
may nevertheless maintain his or her own
qualified retirement plan, such as a section
401(k) plan.
E. Additional Comments
Commenters also requested guidance
on several other issues, including guidance
permitting rollover of contributions attributable to fishing rights-related income from
a nonqualified plan to a qualified plan, guidance permitting Tribal employers to take
retroactive action to permit Tribal employees to contribute fishing rights-related
income to a qualified plan, and guidance
on testing for contributions attributable to
fishing rights-related income. These comments are all beyond the scope of these regulations and, in certain cases, the requested
guidance may not be permissible under the
Code (for example, rollover of amounts
from a nonqualified plan into a qualified
plan). However, the Treasury Department
and IRS will continue to review comments
that are beyond the scope of these regulations and consider if any further guidance
is needed. If additional guidance is needed,
the Treasury Department and the IRS will
conduct Tribal consultation pursuant to
Executive Order 13175.
Applicability Date
These final regulations apply for plan
years ending on or after May 4, 2026.
Special Analyses
I. Regulatory Planning and Review
OMB’s Office of Information and Regulatory Affairs has determined that this
regulation is not significant and is not subject to review under section 6(b) of Executive Order 12866, as amended.

1514

II. Regulatory Flexibility Act
It is hereby certified that these final
regulations will not have a significant
economic impact on a substantial number of small entities within the meaning of section 601(6) of the Regulatory
Flexibility Act (5 U.S.C. chapter 6). This
certification is based on the fact that only
5,000 to 6,000 employees nationwide are
estimated to earn fishing rights-related
income. Therefore, a regulatory flexibility
analysis under the Regulatory Flexibility
Act is not required.
Pursuant to section 7805(f) of the Code,
the proposed regulations that preceded
these final regulations were submitted to
the Chief Counsel for the Office of Advocacy of the Small Business Administration
for comment on their impact on small business, and no comments were received.
Consultation and Coordination With
Tribal Governments
In addition to written comments
responding to the proposed regulations,
these final regulations reflect comments
provided in a Tribal consultation held on
December 17, 2013, as well as comments
provided in a meeting with members of
the Treasury Tribal Advisory Committee
Subcommittee on Parity and Reform on
August 22, 2024.
Drafting Information
The principal author of these regulations is Jamie Dvoretzky, Office of Associate Chief Counsel (Employee Benefits,
Exempt Organizations, and Employment
Taxes). However, other personnel from
the Treasury Department and the IRS participated in the development of these regulations.
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and recordkeeping requirements.
Adoption of Amendments to the
Regulations
Accordingly, the Treasury Department
and the IRS amend 26 CFR part 1 as follows:

Bulletin No. 2026–22

PART 1–INCOME TAXES
Paragraph 1. The authority citation
for part 1 continues to read in part as follows:
Authority: 26 U.S.C. 7805 * * *
*****
Par. 2. Section 1.415(a)-1 is amended
by adding paragraph (g)(5) to read as follows:
§1.415(a)-1 General rules with
respect to limitations on benefits and
contributions under qualified plans.
*****
(g) * * *
(5) Special effective date. Section
1.415(c)-2(g)(9) applies for plan years
ending on or after May 4, 2026.
Par. 3. Section 1.415(c)-2 is amended
by adding paragraph (g)(9) to read as follows:

Kenneth J. Kies,
Assistant Secretary of the Treasury
(Tax Policy).
(Filed by the Office of the Federal Register May 1,
2026, 8:45 a.m., and published in the issue of the
Federal Register for May 4, 2026, 91 FR 23915)

Section 6621.—
Determination of Rate of
Interest
26 CFR 301.6621-1: Interest rate.

Rev. Rul. 2026-10

Section 6621 of the Internal Revenue
Code establishes the interest rates on overpayments and underpayments of tax. Under
section 6621(a)(1), the overpayment rate is
the sum of the federal short-term rate plus
§1.415(c)-2 Compensation.
3 percentage points (2 percentage points in
the case of a corporation), except the rate
*****
for the portion of a corporate overpayment
(g) * * *
of tax exceeding $10,000 for a taxable
(9) Income derived by Indians from
period is the sum of the federal short-term
exercise of fishing rights-related activrate plus 0.5 of a percentage point. Under
ities. Amounts paid to a member of an
section 6621(a)(2), the underpayment rate
Indian tribe directly or through a qualiis the sum of the federal short-term rate
fied Indian entity (within the meaning of
plus 3 percentage points.
section 7873(b)(3)) as compensation for
Section 6621(c) provides that for purservices performed in a fishing rights-­
poses of interest payable under section
related activity (as defined in section
6601 on any large corporate underpay7873(b)(1)) of the tribe do not fail to conment, the underpayment rate under section
stitute compensation under paragraphs
6621(a)(2) is determined by substituting
(b)(1) and (2) of this section (and are not
“5 percentage points” for “3 percentage
excluded from the definition of compenpoints.” See section 6621(c) and section
sation pursuant to paragraph (c)(4) of this
301.6621-3 of the Regulations on Procesection) merely because those amounts
dure and Administration for the definition
are not subject to income or employment
of a large corporate underpayment and
taxes as a result of section 7873(a)(1)
for the rules for determining the appliand (a)(2). Thus, the determination of
cable date. Section 6621(c) and section
whether an amount constitutes wages,
301.6621-3 are generally effective for
salaries, or earned income for purposes
periods after December 31, 1990.
of paragraph (b)(1) or (2) of this section
Section 6621(b)(1) provides that the
is made without regard to the exemption
Secretary will determine the federal shortfrom taxation under section 7873(a)(1)
term rate for the first month in each caland (a)(2).
endar quarter. Section 6621(b)(2)(A)
provides that the federal short-term rate
Frank J. Bisignano,
determined under section 6621(b)(1) for
Chief Executive Officer.
any month applies during the first calendar quarter beginning after that month.
Approved: April 1, 2026.
Section 6621(b)(3) provides that the fed-

Bulletin No. 2026–22

1515

eral short-term rate for any month is the
federal short-term rate determined during
that month by the Secretary in accordance
with section 1274(d), rounded to the nearest full percent (or, if a multiple of 1/2 of
1 percent, the rate is increased to the next
highest full percent).
Notice 88-59, 1988-1 C.B. 546,
announced that in determining the quarterly interest rates to be used for overpayments and underpayments of tax under
section 6621, the Internal Revenue Service will use the federal short-term rate
based on daily compounding because that
rate is most consistent with section 6621
which, pursuant to section 6622, is subject
to daily compounding.
The federal short-term rate determined
in accordance with section 1274(d) during
April 2026 is the rate published in Revenue Ruling 2026-9, 2026-19 IRB 897, to
take effect beginning May 1, 2026. The
federal short-term rate, rounded to the
nearest full percent, based on daily compounding determined during the month
of April 2026 is 4 percent. Accordingly,
an overpayment rate of 7 percent (6 percent in the case of a corporation) and an
underpayment rate of 7 percent are established for the calendar quarter beginning
July 1, 2026. The overpayment rate for
the portion of a corporate overpayment
exceeding $10,000 for the calendar quarter beginning July 1, 2026, is 4.5 percent.
The underpayment rate for large corporate
underpayments for the calendar quarter
beginning July 1, 2026, is 9 percent. These
rates apply to amounts bearing interest
during that calendar quarter.
Sections 6654(a)(1) and 6655(a)(1) provide that the underpayment rate established
under section 6621 applies in determining
the addition to tax under sections 6654 and
6655 for failure to pay estimated tax for
any taxable year. Thus, the 7 percent rate
also applies to estimated tax underpayments for the third calendar quarter beginning July 1, 2026. In addition, pursuant to
section 6603(d)(4), the rate of interest on
section 6603 deposits is 4 percent for the
third calendar quarter in 2026.
Interest factors for daily compound
interest for annual rates of 4.5 percent, 6
percent, 7 percent and 9 percent are published in Tables 14, 17, 19 and 23 of Rev.
Proc. 95-17, 1995-1 C.B. 566, 569, 571,
and 575.

May 26, 2026

Annual interest rates to be compounded
daily pursuant to section 6622 that apply
for prior periods are set forth in the tables
accompanying this revenue ruling.

May 26, 2026

DRAFTING INFORMATION
The principal author of this revenue ruling
is Casey R. Conrad of the Office of the Asso-

1516

ciate Chief Counsel (Procedure and Administration). For further information regarding
this revenue ruling, contact Mr. Conrad at
(202) 317-6844 (not a toll-free number).

Bulletin No. 2026–22

Days
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

Factor
0.000013699
0.000027397
0.000041096
0.000054796
0.000068495
0.000082195
0.000095894
0.000109594
0.000123294
0.000136995
0.000150695
0.000164396
0.000178097
0.000191798
0.000205499
0.000219201
0.000232902
0.000246604
0.000260306
0.000274008
0.000287711

365 Day Year
0.5% Compound Rate 184 Days
Days
Factor
63
0.000863380
64
0.000877091
65
0.000890801
66
0.000904512
67
0.000918223
68
0.000931934
69
0.000945646
70
0.000959357
71
0.000973069
72
0.000986781
73
0.001000493
74
0.001014206
75
0.001027918
76
0.001041631
77
0.001055344
78
0.001069057
79
0.001082770
80
0.001096484
81
0.001110197
82
0.001123911
83
0.001137625

22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42

0.000301413
0.000315116
0.000328819
0.000342522
0.000356225
0.000369929
0.000383633
0.000397336
0.000411041
0.000424745
0.000438449
0.000452154
0.000465859
0.000479564
0.000493269
0.000506974
0.000520680
0.000534386
0.000548092
0.000561798
0.000575504

84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104

Bulletin No. 2026–22

0.001151339
0.001165054
0.001178768
0.001192483
0.001206198
0.001219913
0.001233629
0.001247344
0.001261060
0.001274776
0.001288492
0.001302208
0.001315925
0.001329641
0.001343358
0.001357075
0.001370792
0.001384510
0.001398227
0.001411945
0.001425663

1517

Days
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145

Factor
0.001713784
0.001727506
0.001741228
0.001754951
0.001768673
0.001782396
0.001796119
0.001809843
0.001823566
0.001837290
0.001851013
0.001864737
0.001878462
0.001892186
0.001905910
0.001919635
0.001933360
0.001947085
0.001960811
0.001974536
0.001988262

146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166

0.002001988
0.002015714
0.002029440
0.002043166
0.002056893
0.002070620
0.002084347
0.002098074
0.002111801
0.002125529
0.002139257
0.002152985
0.002166713
0.002180441
0.002194169
0.002207898
0.002221627
0.002235356
0.002249085
0.002262815
0.002276544

May 26, 2026

43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62

May 26, 2026

0.000589211
0.000602917
0.000616624
0.000630331
0.000644039
0.000657746
0.000671454
0.000685161
0.000698869
0.000712578
0.000726286
0.000739995
0.000753703
0.000767412
0.000781121
0.000794831
0.000808540
0.000822250
0.000835960
0.000849670

105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124

0.001439381
0.001453100
0.001466818
0.001480537
0.001494256
0.001507975
0.001521694
0.001535414
0.001549133
0.001562853
0.001576573
0.001590293
0.001604014
0.001617734
0.001631455
0.001645176
0.001658897
0.001672619
0.001686340
0.001700062

1518

167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184

0.002290274
0.002304004
0.002317734
0.002331465
0.002345195
0.002358926
0.002372657
0.002386388
0.002400120
0.002413851
0.002427583
0.002441315
0.002455047
0.002468779
0.002482511
0.002496244
0.002509977
0.002523710

Bulletin No. 2026–22

Days
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

Factor
0.000013661
0.000027323
0.000040984
0.000054646
0.000068308
0.000081970
0.000095632
0.000109295
0.000122958
0.000136620
0.000150283
0.000163947
0.000177610
0.000191274
0.000204938
0.000218602
0.000232266
0.000245930
0.000259595
0.000273260
0.000286924

366 Day Year
0.5% Compound Rate 184 Days
Days
Factor
63
0.000861020
64
0.000874693
65
0.000888366
66
0.000902040
67
0.000915713
68
0.000929387
69
0.000943061
70
0.000956735
71
0.000970409
72
0.000984084
73
0.000997758
74
0.001011433
75
0.001025108
76
0.001038783
77
0.001052459
78
0.001066134
79
0.001079810
80
0.001093486
81
0.001107162
82
0.001120839
83
0.001134515

22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42

0.000300590
0.000314255
0.000327920
0.000341586
0.000355252
0.000368918
0.000382584
0.000396251
0.000409917
0.000423584
0.000437251
0.000450918
0.000464586
0.000478253
0.000491921
0.000505589
0.000519257
0.000532925
0.000546594
0.000560262
0.000573931

84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104

Bulletin No. 2026–22

0.001148192
0.001161869
0.001175546
0.001189223
0.001202900
0.001216578
0.001230256
0.001243934
0.001257612
0.001271291
0.001284969
0.001298648
0.001312327
0.001326006
0.001339685
0.001353365
0.001367044
0.001380724
0.001394404
0.001408085
0.001421765

1519

Days
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145

Factor
0.001709097
0.001722782
0.001736467
0.001750152
0.001763837
0.001777522
0.001791208
0.001804893
0.001818579
0.001832265
0.001845951
0.001859638
0.001873324
0.001887011
0.001900698
0.001914385
0.001928073
0.001941760
0.001955448
0.001969136
0.001982824

146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166

0.001996512
0.002010201
0.002023889
0.002037578
0.002051267
0.002064957
0.002078646
0.002092336
0.002106025
0.002119715
0.002133405
0.002147096
0.002160786
0.002174477
0.002188168
0.002201859
0.002215550
0.002229242
0.002242933
0.002256625
0.002270317

May 26, 2026

43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62

May 26, 2026

0.000587600
0.000601269
0.000614939
0.000628608
0.000642278
0.000655948
0.000669618
0.000683289
0.000696959
0.000710630
0.000724301
0.000737972
0.000751643
0.000765315
0.000778986
0.000792658
0.000806330
0.000820003
0.000833675
0.000847348

105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124

0.001435446
0.001449127
0.001462808
0.001476489
0.001490170
0.001503852
0.001517533
0.001531215
0.001544897
0.001558580
0.001572262
0.001585945
0.001599628
0.001613311
0.001626994
0.001640678
0.001654361
0.001668045
0.001681729
0.001695413

1520

167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184

0.002284010
0.002297702
0.002311395
0.002325087
0.002338780
0.002352473
0.002366167
0.002379860
0.002393554
0.002407248
0.002420942
0.002434636
0.002448331
0.002462025
0.002475720
0.002489415
0.002503110
0.002516806

Bulletin No. 2026–22

TABLE OF INTEREST RATES
PERIODS BEFORE JUL. 1, 1975 - PERIODS ENDING DEC. 31, 1986
OVERPAYMENTS AND UNDERPAYMENTS
PERIOD

RATE

Before Jul. 1, 1975
Jul. 1, 1975–Jan. 31, 1976
Feb. 1, 1976–Jan. 31, 1978
Feb. 1, 1978–Jan. 31, 1980
Feb. 1, 1980–Jan. 31, 1982
Feb. 1, 1982–Dec. 31, 1982
Jan. 1, 1983–Jun. 30, 1983
Jul. 1, 1983–Dec. 31, 1983
Jan. 1, 1984–Jun. 30, 1984
Jul. 1, 1984–Dec. 31, 1984
Jan. 1, 1985–Dec. 31, 1985
Jul. 1, 1985–Dec. 31, 1985
Jan. 1, 1986–Jun. 30, 1986
Jul. 1, 1986–Dec. 31, 1986

6%
9%
7%
6%
12%
20%
16%
11%
11%
11%
13%
11%
10%
9%

In 1995-1 C.B.
DAILY RATE TABLE
2,
pg.
4,
pg.
3,
pg.
2,
pg.
5,
pg.
6,
pg.
37,
pg.
27,
pg.
75,
pg.
75,
pg.
31,
pg.
27,
pg.
25,
pg.
23,
pg.

Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table
Table

557
559
558
557
560
560
591
581
629
629
585
581
579
577

TABLE OF INTEREST RATES
FROM JAN. 1, 1987 - Dec. 31, 1998

Jan. 1, 1987–Mar. 31, 1987
Apr. 1, 1987–Jun. 30, 1987
Jul. 1, 1987–Sep. 30, 1987
Oct. 1, 1987–Dec. 31, 1987
Jan. 1, 1988–Mar. 31, 1988
Apr. 1, 1988–Jun. 30, 1988
Jul. 1, 1988–Sep. 30, 1988
Oct. 1, 1988–Dec. 31, 1988
Jan. 1, 1989–Mar. 31, 1989
Apr. 1, 1989–Jun. 30, 1989
Jul. 1, 1989–Sep. 30, 1989
Oct. 1, 1989–Dec. 31, 1989
Jan. 1, 1990–Mar. 31, 1990
Apr. 1, 1990–Jun. 30, 1990
Jul. 1, 1990–Sep. 30, 1990
Oct. 1, 1990–Dec. 31, 1990
Jan. 1, 1991–Mar. 31, 1991
Apr. 1, 1991–Jun. 30, 1991

RATE
8%
8%
8%
9%
10%
9%
9%
10%
10%
11%
11%
10%
10%
10%
10%
10%
10%
9%

Jul. 1, 1991–Sep. 30, 1991
Oct. 1, 1991–Dec. 31, 1991
Jan. 1, 1992–Mar. 31, 1992

9%
9%
8%

Bulletin No. 2026–22

OVERPAYMENTS
1995-1 C.B.
TABLE
PG
21
575
21
575
21
575
23
577
73
627
71
625
71
625
73
627
25
579
27
581
27
581
25
579
25
579
25
579
25
579
25
579
25
579
23
577
23
23
69

1521

577
577
623

UNDERPAYMENTS
1995-1 C.B. RATE
RATE
TABLE
PG
9%
23
577
9%
23
577
9%
23
577
10%
25
579
11%
75
629
10%
73
627
10%
73
627
11%
75
629
11%
27
581
12%
29
583
12%
29
583
11%
27
581
11%
27
581
11%
27
581
11%
27
581
11%
27
581
11%
27
581
10%
25
579
10%
10%
9%

25
25
71

579
579
625

May 26, 2026

Apr. 1, 1992–Jun. 30, 1992
Jul. 1, 1992–Sep. 30, 1992
Oct. 1, 1992–Dec. 31, 1992
Jan. 1, 1993–Mar. 31, 1993
Apr. 1, 1993–Jun. 30, 1993
Jul. 1, 1993–Sep. 30, 1993
Oct. 1, 1993–Dec. 31, 1993
Jan. 1, 1994–Mar. 31, 1994
Apr. 1, 1994–Jun. 30, 1994
Jul. 1, 1994–Sep. 30, 1994
Oct. 1, 1994–Dec. 31, 1994
Jan. 1, 1995–Mar. 31, 1995
Apr. 1, 1995–Jun. 30, 1995
Jul. 1, 1995–Sep. 30, 1995
Oct. 1, 1995–Dec. 31, 1995
Jan. 1, 1996–Mar. 31, 1996
Apr. 1, 1996–Jun. 30, 1996
Jul. 1, 1996–Sep. 30, 1996
Oct. 1, 1996–Dec. 31, 1996
Jan. 1, 1997–Mar. 31, 1997
Apr. 1, 1997–Jun. 30, 1997
Jul. 1, 1997–Sep. 30, 1997
Oct. 1, 1997–Dec. 31, 1997
Jan. 1, 1998–Mar. 31, 1998
Apr. 1, 1998–Jun. 30, 1998
Jul. 1, 1998–Sep. 30, 1998
Oct. 1, 1998–Dec. 31, 1998

May 26, 2026

7%
7%
6%
6%
6%
6%
6%
6%
6%
7%
8%
8%
9%
8%
8%
8%
7%
8%
8%
8%
8%
8%
8%
8%
7%
7%
7%

67
67
65
17
17
17
17
17
17
19
21
21
23
21
21
69
67
69
69
21
21
21
21
21
19
19
19

1522

621
621
619
571
571
571
571
571
571
573
575
575
577
575
575
623
621
623
623
575
575
575
575
575
573
573
573

8%
8%
7%
7%
7%
7%
7%
7%
7%
8%
9%
9%
10%
9%
9%
9%
8%
9%
9%
9%
9%
9%
9%
9%
8%
8%
8%

69
69
67
19
19
19
19
19
19
21
23
23
25
23
23
71
69
71
71
23
23
23
23
23
21
21
21

623
623
621
573
573
573
573
573
573
575
577
577
579
577
577
625
623
625
625
577
577
577
577
577
575
575
575

Bulletin No. 2026–22

TABLE OF INTEREST RATES
FROM JANUARY 1, 1999 - PRESENT
NONCORPORATE OVERPAYMENTS AND UNDERPAYMENTS
1995-1 C.B.
Jan. 1, 1999–Mar. 31, 1999
Apr. 1, 1999–Jun. 30, 1999
Jul. 1, 1999–Sep. 30, 1999
Oct. 1, 1999–Dec. 31, 1999
Jan. 1, 2000–Mar. 31, 2000
Apr. 1, 2000–Jun. 30, 2000
Jul. 1, 2000–Sep. 30, 2000
Oct. 1, 2000–Dec. 31, 2000
Jan. 1, 2001–Mar. 31, 2001
Apr. 1, 2001–Jun. 30, 2001
Jul. 1, 2001–Sep. 30, 2001
Oct. 1, 2001–Dec. 31, 2001
Jan. 1, 2002–Mar. 31, 2002
Apr. 1, 2002–Jun. 30, 2002
Jul. 1, 2002–Sep. 30, 2002
Oct. 1, 2002–Dec. 31, 2002
Jan. 1, 2003–Mar. 31, 2003
Apr. 1, 2003–Jun. 30, 2003
Jul. 1, 2003–Sep. 30, 2003
Oct. 1, 2003–Dec. 31, 2003
Jan. 1, 2004–Mar. 31, 2004
Apr. 1, 2004–Jun. 30, 2004
Jul. 1, 2004–Sep. 30, 2004
Oct. 1, 2004–Dec. 31, 2004
Jan. 1, 2005–Mar. 31, 2005
Apr. 1, 2005–Jun. 30, 2005
Jul. 1, 2005–Sep. 30, 2005
Oct. 1, 2005–Dec. 31, 2005
Jan. 1, 2006–Mar. 31, 2006
Apr. 1, 2006–Jun. 30, 2006
Jul. 1, 2006–Sep. 30, 2006
Oct. 1, 2006–Dec. 31, 2006
Jan. 1, 2007–Mar. 31, 2007

RATE
7%
8%
8%
8%
8%
9%
9%
9%
9%
8%
7%
7%
6%
6%
6%
6%
5%
5%
5%
4%
4%
5%
4%
5%
5%
6%
6%
7%
7%
7%
8%
8%
8%

Apr. 1, 2007–Jun. 30, 2007
Jul. 1, 2007–Sep. 30, 2007
Oct. 1, 2007–Dec. 31, 2007
Jan. 1, 2008–Mar. 31, 2008
Apr. 1, 2008–Jun. 30, 2008
Jul. 1, 2008–Sep. 30, 2008
Oct. 1, 2008–Dec. 31, 2008
Jan. 1, 2009–Mar. 31, 2009

8%
8%
8%
7%
6%
5%
6%
5%

Bulletin No. 2026–22

1523

TABLE
19
21
21
21
69
71
71
71
23
21
19
19
17
17
17
17
15
15
15
13
61
63
61
63
15
17
17
19
19
19
21
21

PAGE
573
575
575
575
623
625
625
625
577
575
573
573
571
571
571
571
569
569
569
567
615
617
615
617
569
571
571
573
573
573
575
575

21
21
21
21
67
65
63
65
15

575
575
575
575
621
619
617
619
569

May 26, 2026

Apr. 1, 2009–Jun. 30, 2009
Jul. 1, 2009–Sep. 30, 2009
Oct. 1, 2009–Dec. 31, 2009
Jan. 1, 2010–Mar. 31, 2010
Apr. 1, 2010–Jun. 30, 2010
Jul. 1, 2010–Sep. 30, 2010
Oct. 1, 2010–Dec. 31, 2010
Jan. 1, 2011–Mar. 31, 2011
Apr. 1, 2011–Jun. 30, 2011
Jul. 1, 2011–Sep. 30, 2011
Oct. 1, 2011–Dec. 31, 2011
Jan. 1, 2012–Mar. 31, 2012
Apr. 1, 2012–Jun. 30, 2012
Jul. 1, 2012–Sep. 30, 2012
Oct. 1, 2012–Dec. 31, 2012
Jan. 1, 2013–Mar. 31, 2013
Apr. 1, 2013–Jun. 30, 2013
Jul. 1, 2013–Sep. 30, 2013
Oct. 1, 2013–Dec. 31, 2013
Jan. 1, 2014–Mar. 31, 2014
Apr. 1, 2014–Jun. 30, 2014
Jul. 1, 2014–Sep. 30, 2014
Oct. 1, 2014–Dec. 31, 2014
Jan. 1, 2015–Mar. 31, 2015
Apr. 1, 2015–Jun. 30, 2015
Jul. 1, 2015–Sep. 30, 2015
Oct. 1, 2015–Dec. 31, 2015
Jan. 1, 2016–Mar. 31, 2016
Apr. 1, 2016–Jun. 30, 2016
Jul. 1, 2016–Sep. 30, 2016
Oct. 1, 2016–Dec. 31, 2016
Jan. 1, 2017–Mar. 31, 2017
Apr. 1, 2017–Jun. 30, 2017
Jul. 1, 2017–Sep. 30, 2017

4%
4%
4%
4%
4%
4%
4%
3%
4%
4%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
4%
4%
4%
4%
4%
4%

Oct. 1, 2017–Dec. 31, 2017
Jan. 1, 2018–Mar. 31, 2018
Apr. 1, 2018–Jun. 30, 2018
Jul. 1, 2018–Sep. 30, 2018
Oct. 1, 2018–Dec. 31, 2018
Jan. 1, 2019–Mar. 31, 2019
Apr. 1, 2019–Jun. 30, 2019
Jul. 1, 2019–Sep. 30, 2019
Oct. 1, 2019–Dec. 31, 2019
Jan. 1, 2020–Mar. 31, 2020
Apr. 1, 2020–Jun. 30, 2020

4%
4%
5%
5%
5%
6%
6%
5%
5%
5%
5%

May 26, 2026

1524

13
13
13
13
13
13
13
11
13
13
11
59
59
59
59
11
11
11
11
11
11
11
11
11
11
11
11
59
61
61
61
13
13

567
567
567
567
567
567
567
565
567
567
565
613
613
613
613
565
565
565
565
565
565
565
565
565
565
565
565
613
615
615
615
567
567

13
13
13
15
15
15
17
17
15
15
63
63

567
567
567
569
569
569
571
571
569
569
617
617

Bulletin No. 2026–22

Jul. 1, 2020–Sep. 30, 2020
Oct. 1, 2020–Dec. 31, 2020
Jan. 1, 2021–Mar. 31, 2021
Apr. 1, 2021–Jun. 30, 2021
Jul. 1, 2021–Sep. 30, 2021
Oct. 1, 2021–Dec. 31, 2021
Jan. 1, 2022–Mar. 31, 2022
Apr. 1, 2022–Jun. 30, 2022
Jul. 1, 2022–Sep. 30, 2022
Oct. 1, 2022–Dec. 31, 2022
Jan. 1, 2023–Mar. 31, 2023
Apr. 1, 2023–Jun. 30, 2023
Jul. 1, 2023–Sep. 30, 2023
Oct. 1, 2023–Dec. 31, 2023
Jan. 1, 2024–Mar. 31, 2024
Apr. 1, 2024–Jun. 30, 2024
Jul. 1, 2024–Sep. 30, 2024
Oct. 1, 2024–Dec. 31, 2024
Jan. 1, 2025–Mar. 31, 2025
Apr. 1, 2025–Jun. 30, 2025
Jul. 1, 2025–Sep. 30, 2025
Oct. 1, 2025–Dec. 31, 2025
Jan. 1, 2026–Mar. 31, 2026
Apr. 1, 2026–Jun. 30, 2026
Jul. 1, 2026–Sep. 30, 2026

3%
3%
3%
3%
3%
3%
3%
4%
5%
6%
7%
7%
7%
8%
8%
8%
8%
8%
7%
7%
7%
7%
7%
6%
7%

Bulletin No. 2026–22

1525

59
59
11
11
11
11
11
13
15
17
19
19
19
21
69
69
69
69
19
19
19
19
19
17
19

613
613
565
565
565
565
565
567
569
571
573
573
573
575
623
623
623
623
573
573
573
573
573
571
573

May 26, 2026

TABLE OF INTEREST RATES
FROM JANUARY 1, 1999 - PRESENT
CORPORATE OVERPAYMENTS AND UNDERPAYMENTS

Jan. 1, 1999–Mar. 31, 1999
Apr. 1, 1999–Jun. 30, 1999
Jul. 1, 1999–Sep. 30, 1999
Oct. 1, 1999–Dec. 31, 1999
Jan. 1, 2000–Mar. 30, 2000
Apr. 1, 2000–Jun. 30, 2000
Jul. 1, 2000–Sep. 30, 2000
Oct. 1, 2000–Dec. 31, 2000
Jan. 1, 2001–Mar. 31, 2001
Apr. 1, 2001–Jun. 30, 2001
Jul. 1, 2001–Sep. 30, 2001
Oct. 1, 2001–Dec. 31, 2001
Jan. 1, 2002–Mar. 31, 2002
Apr. 1, 2002–Jun. 30, 2002
Jul. 1, 2002–Sep. 30, 2002
Oct. 1, 2002–Dec. 31, 2002
Jan. 1, 2003–Mar. 31, 2003
Apr. 1, 2003–Jun. 30, 2003

OVERPAYMENTS
1995-1 C.B.
RATE
TABLE
6%
17
7%
19
7%
19
7%
19
7%
67
8%
69
8%
69
8%
69
8%
21
7%
19
6%
17
6%
17
5%
15
5%
15
5%
15
5%
15
4%
13
4%
13

PG
571
573
573
573
621
623
623
623
575
573
571
571
569
569
569
569
567
567

UNDERPAYMENTS
1995-1 C.B.
RATE
TABLE
PG
7%
19
573
8%
21
575
8%
21
575
8%
21
575
8%
69
623
9%
71
625
9%
71
625
9%
71
625
9%
23
577
8%
21
575
7%
19
573
7%
19
573
6%
17
571
6%
17
571
6%
17
571
6%
17
571
5%
15
569
5%
15
569

Jul. 1, 2003–Sep. 30, 2003
Oct. 1, 2003–Dec. 31, 2003
Jan. 1, 2004–Mar. 31, 2004
Apr. 1, 2004–Jun. 30, 2004
Jul. 1, 2004–Sep. 30, 2004
Oct. 1, 2004–Dec. 31, 2004
Jan. 1, 2005–Mar. 31, 2005
Apr. 1, 2005–Jun. 30, 2005
Jul. 1, 2005–Sep. 30, 2005
Oct. 1, 2005–Dec. 31, 2005
Jan. 1, 2006–Mar. 31, 2006
Apr. 1, 2006–Jun. 30, 2006
Jul. 1, 2006–Sep. 30, 2006
Oct. 1, 2006–Dec. 31, 2006
Jan. 1, 2007–Mar. 31, 2007
Apr. 1, 2007–Jun. 30, 2007
Jul. 1, 2007–Sep. 30, 2007
Oct. 1, 2007–Dec. 31, 2007
Jan. 1, 2008–Mar. 31, 2008
Apr. 1, 2008–Jun. 30, 2008
Jul. 1, 2008–Sep. 30, 2008
Oct. 1, 2008–Dec. 31, 2008

4%
3%
3%
4%
3%
4%
4%
5%
5%
6%
6%
6%
7%
7%
7%
7%
7%
7%
6%
5%
4%
5%

567
565
613
615
613
615
567
569
569
571
571
571
573
573
573
573
573
573
619
617
615
617

5%
4%
4%
5%
4%
5%
5%
6%
6%
7%
7%
7%
8%
8%
8%
8%
8%
8%
7%
6%
5%
6%

May 26, 2026

13
11
59
61
59
61
13
15
15
17
17
17
19
19
19
19
19
19
65
63
61
63

1526

15
13
61
63
61
63
15
17
17
19
19
19
21
21
21
21
21
21
67
65
63
65

569
567
615
617
615
617
569
571
571
573
573
573
575
575
575
575
575
575
621
619
617
619

Bulletin No. 2026–22

Jan. 1, 2009–Mar. 31, 2009
Apr. 1, 2009–Jun. 30, 2009
Jul. 1, 2009–Sep. 30, 2009
Oct. 1, 2009–Dec. 31, 2009
Jan. 1, 2010–Mar. 31, 2010
Apr. 1, 2010–Jun. 30, 2010
Jul. 1, 2010–Sep. 30, 2010
Oct. 1, 2010–Dec. 31, 2010
Jan. 1, 2011–Mar. 31, 2011
Apr. 1, 2011–Jun. 30, 2011
Jul. 1, 2011–Sep. 30, 2011
Oct. 1, 2011–Dec. 31, 2011
Jan. 1, 2012–Mar. 31, 2012
Apr. 1, 2012–Jun. 30, 2012
Jul. 1, 2012–Sep. 30, 2012
Oct. 1, 2012–Dec. 31, 2012
Jan. 1, 2013–Mar. 31, 2013
Apr. 1, 2013–Jun. 30, 2013
Jul. 1, 2013–Sep. 30, 2013
Oct. 1, 2013–Dec. 31, 2013
Jan. 1, 2014–Mar. 31, 2014
Apr. 1, 2014–Jun. 30, 2014
Jul. 1, 2014–Sep. 30, 2014
Oct. 1, 2014–Dec. 31, 2014
Jan. 1, 2015–Mar. 31, 2015
Apr. 1, 2015–Jun. 30, 2015
Jul. 1, 2015–Sep. 30, 2015
Oct. 1, 2015–Dec. 31, 2015
Jan. 1, 2016–Mar. 31, 2016
Apr. 1, 2016–Jun. 30, 2016
Jul. 1, 2016–Sep. 30, 2016
Oct. 1, 2016–Dec. 31, 2016
Jan. 1, 2017–Mar. 31, 2017
Apr. 1, 2017–Jun. 30, 2017
Jul. 1, 2017–Sep. 30, 2017
Oct. 1, 2017–Dec. 31, 2017
Jan. 1, 2018–Mar. 31, 2018
Apr. 1, 2018–Jun. 30, 2018
Jul. 1, 2018–Sep. 30, 2018
Oct. 1, 2018–Dec. 31, 2018
Jan. 1, 2019–Mar. 31, 2019
Apr. 1, 2019–Jun. 30, 2019
Jul. 1, 2019–Sep. 30, 2019
Oct. 1, 2019–Dec. 31, 2019
Jan. 1, 2020–Mar. 31, 2020

Bulletin No. 2026–22

4%
3%
3%
3%
3%
3%
3%
3%
2%
3%
3%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
2%
3%
3%
3%
3%
3%
3%
3%
3%
4%
4%
4%
5%
5%
4%
4%
4%

13
11
11
11
11
11
11
11
9
11
11
9
57
57
57
57
9
9
9
9
9
9
9
9
9
9
9
9
57
59
59
59
11
11
11
11
11
13
13
13
15
15
13
13
61

1527

567
565
565
565
565
565
565
565
563
565
565
563
611
611
611
611
563
563
563
563
563
563
563
563
563
563
563
563
611
613
613
613
565
565
565
565
565
567
567
567
569
569
567
567
615

5%
4%
4%
4%
4%
4%
4%
4%
3%
4%
4%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
3%
4%
4%
4%
4%
4%
4%
4%
4%
5%
5%
5%
6%
6%
5%
5%
5%

15
13
13
13
13
13
13
13
11
13
13
11
59
59
59
59
11
11
11
11
11
11
11
11
11
11
11
11
59
61
61
61
13
13
13
13
13
15
15
15
17
17
15
15
63

569
567
567
567
567
567
567
567
565
567
567
565
613
613
613
613
565
565
565
565
565
565
565
565
565
565
565
565
613
615
615
615
567
567
567
567
567
569
569
569
571
571
569
569
617

May 26, 2026

Apr. 1, 2020–Jun. 30, 2020
Jul. 1, 2020–Sep. 30, 2020
Oct. 1, 2020–Dec. 31, 2020
Jan. 1, 2021–Mar. 31, 2021
Apr. 1, 2021–Jun. 30, 2021
Jul. 1, 2021–Sep. 30, 2021
Oct. 1, 2021–Dec. 31, 2021
Jan. 1, 2022–Mar. 31, 2022
Apr. 1, 2022–Jun. 30, 2022
Jul. 1, 2022–Sep. 30, 2022
Oct. 1, 2022–Dec. 31, 2022
Jan. 1, 2023–Mar. 31, 2023
Apr. 1, 2023–Jun. 30, 2023
Jul. 1, 2023–Sep. 30, 2023
Oct. 1, 2023–Dec. 31, 2023
Jan. 1, 2024–Mar. 31, 2024
Apr. 1, 2024–Jun. 30, 2024
Jul. 1, 2024–Sep. 30, 2024
Oct. 1, 2024–Dec. 31, 2024
Jan. 1, 2025–Mar. 31, 2025
Apr. 1, 2025–Jun. 30, 2025
Jul. 1, 2025–Sep. 30, 2025
Oct. 1, 2025–Dec. 31, 2025
Jan. 1, 2026–Mar. 31, 2026
Apr. 1, 2026–Jun. 30, 2026
Jul. 1, 2026–Sep. 30, 2026

May 26, 2026

4%
2%
2%
2%
2%
2%
2%
2%
3%
4%
5%
6%
6%
6%
7%
7%
7%
7%
7%
6%
6%
6%
6%
6%
5%
6%

61
57
57
9
9
9
9
9
11
13
15
17
17
17
19
67
67
67
67
17
17
17
17
17
15
17

1528

615
611
611
563
563
563
563
563
565
567
569
571
571
571
573
621
621
621
621
571
571
571
571
571
569
571

5%
3%
3%
3%
3%
3%
3%
3%
4%
5%
6%
7%
7%
7%
8%
8%
8%
8%
8%
7%
7%
7%
7%
7%
6%
7%

63
59
59
11
11
11
11
11
13
15
17
19
19
19
21
69
69
69
69
19
19
19
19
19
17
19

617
613
613
565
565
565
565
565
567
569
571
573
573
573
575
623
623
623
623
573
573
573
573
573
571
573

Bulletin No. 2026–22

TABLE OF INTEREST RATES
FOR LARGE CORPORATE UNDERPAYMENTS
FROM JANUARY 1, 1991 – PRESENT
RATE
13%
12%
12%
12%
11%
10%
10%
9%
9%
9%
9%
9%
9%
9%
10%
11%
11%
12%
11%
11%
11%
10%
11%
11%
11%
11%
11%
11%
11%
10%
10%
10%

1995-1 C.B.
TABLE
31
29
29
29
75
73
73
71
23
23
23
23
23
23
25
27
27
29
27
27
75
73
75
75
27
27
27
27
27
25
25
25

PG
585
583
583
583
629
627
627
625
577
577
577
577
577
577
579
581
581
583
581
581
629
627
629
629
581
581
581
581
581
579
579
579

Apr. 1, 1999–Jun. 30, 1999
Jul. 1, 1999–Sep. 30, 1999
Oct. 1, 1999–Dec. 31, 1999
Jan. 1, 2000–Mar. 31, 2000
Apr. 1, 2000–Jun. 30, 2000
Jul. 1, 2000–Sep. 30, 2000
Oct. 1, 2000–Dec. 31, 2000
Jan. 1, 2001–Mar. 31, 2001

9%
10%
10%
10%
10%
11%
11%
11%
11%

23
25
25
25
73
75
75
75
27

577
579
579
579
627
629
629
629
581

Bulletin No. 2026–22

1529

PERIOD
Jan. 1, 1991–Mar. 31, 1991
Apr. 1, 1991–Jun. 30, 1991
Jul. 1, 1991–Sep. 30, 1991
Oct. 1, 1991–Dec. 31, 1991
Jan. 1, 1992–Mar. 31, 1992
Apr. 1, 1992–Jun. 30, 1992
Jul. 1, 1992–Sep. 30, 1992
Oct. 1, 1992–Dec. 31, 1992
Jan. 1, 1993–Mar. 31, 1993
Apr. 1, 1993–Jun. 30, 1993
Jul. 1, 1993–Sep. 30, 1993
Oct. 1, 1993–Dec. 31, 1993
Jan. 1, 1994–Mar. 31, 1994
Apr. 1, 1994–Jun. 30, 1994
Jul. 1, 1994–Sep. 30, 1994
Oct. 1, 1994–Dec. 31, 1994
Jan. 1, 1995–Jun. 30, 1995
Apr. 1, 1995–Jun. 30, 1995
Jul. 1, 1995–Sep. 30, 1995
Oct. 1, 1995–Dec. 31, 1995
Jan. 1, 1996–Mar. 31, 1996
Apr. 1, 1996–Jun. 30, 1996
Jul. 1, 1996–Sep. 30, 1996
Oct. 1, 1996–Dec. 31, 1996
Jan. 1, 1997–Mar. 31, 1997
Apr. 1, 1997–Jun. 30, 1997
Jul. 1, 1997–Sep. 30, 1997
Oct. 1, 1997–Dec. 31, 1997
Jan. 1, 1998–Mar. 31, 1998
Apr. 1, 1998–Jun. 30, 1998
Jul. 1, 1998–Sep. 30, 1998
Oct. 1, 1998–Dec. 31, 1998
Jan. 1, 1999–Mar. 31, 1999

May 26, 2026

Apr. 1, 2001–Jun. 30, 2001
Jul. 1, 2001–Sep. 30, 2001
Oct. 1, 2001–Dec. 31, 2001
Jan. 1, 2002–Mar. 31, 2002
Apr. 1, 2002–Sep. 30, 2002
Jul. 1, 2002–Sep. 30, 2002
Oct. 1, 2002–Dec. 31, 2002
Jan. 1, 2003–Mar. 31, 2003
Apr. 1, 2003–Jun. 30, 2003
Jul. 1, 2003–Sep. 30, 2003
Oct. 1, 2003–Dec. 31, 2003
Jan. 1, 2004–Mar. 31, 2004
Apr. 1, 2004–Jun. 30, 2004
Jul. 1, 2004–Sep. 30, 2004
Oct. 1, 2004–Dec. 31, 2004
Jan. 1, 2005–Mar. 31, 2005
Apr. 1, 2005–Jun. 30, 2005
Jul. 1, 2005–Sep. 30, 2005
Oct. 1, 2005–Dec. 31, 2005
Jan. 1, 2006–Mar. 31, 2006
Apr. 1, 2006–Jun. 30, 2006
Jul. 1, 2006–Sep. 30, 2006
Oct. 1, 2006–Dec. 31, 2006
Jan. 1, 2007–Mar. 31, 2007
Apr. 1, 2007–Jun. 30, 2007
Jul. 1, 2007–Sep. 30, 2007
Oct. 1, 2007–Dec. 31, 2007
Jan. 1, 2008–Mar. 31, 2008
Apr. 1, 2008–Sep. 30, 2008
Jul. 1, 2008–Sep. 30, 2008
Oct. 1, 2008–Dec. 31, 2008
Jan. 1, 2009–Mar. 31, 2009
Apr. 1, 2009–Jun. 30, 2009
Jul. 1, 2009–Sep. 30, 2009

10%
9%
9%
8%
8%
8%
8%
7%
7%
7%
6%
6%
7%
6%
7%
7%
8%
8%
9%
9%
9%
10%
10%
10%
10%
10%
10%
9%
8%
7%
8%
7%
6%
6%

Oct. 1, 2009–Dec. 31, 2009
Jan. 1, 2010–Mar. 31, 2010
Apr. 1, 2010–Jun. 30, 2010
Jul. 1, 2010–Sep. 30, 2010
Oct. 1, 2010–Dec. 31, 2010
Jan. 1, 2011–Mar. 31, 2011
Apr. 1, 2011–Jun. 30, 2011
Jul. 1, 2011–Sep. 30, 2011
Oct. 1, 2011–Dec. 31, 2011
Jan. 1, 2012–Mar. 31, 2012
Apr. 1, 2012–Jun. 30, 2012

6%
6%
6%
6%
6%
5%
6%
6%
5%
5%
5%

May 26, 2026

1530

25
23
23
21
21
21
21
19
19
19
17
65
67
65
67
19
21
21
23
23
23
25
25
25
25
25
25
71
69
67
69
19
17

579
577
577
575
575
575
575
573
573
573
571
619
621
619
621
573
575
575
577
577
577
579
579
579
579
579
579
625
623
621
623
573
571

17
17
17
17
17
17
15
17
17
15
63
63

571
571
571
571
571
571
569
571
571
569
617
617

Bulletin No. 2026–22

Jul. 1, 2012–Sep. 30, 2012
Oct. 1, 2012–Dec. 31, 2012
Jan. 1, 2013–Mar. 31, 2013
Apr. 1, 2013–Jun. 30, 2013
Jul. 1, 2013–Sep. 30, 2013
Oct. 1, 2013–Dec. 31, 2013
Jan. 1, 2014–Mar. 31, 2014
Apr. 1, 2014–Jun. 30, 2014
Jul. 1, 2014–Sep. 30, 2014
Oct. 1, 2014–Dec. 31, 2014
Jan. 1, 2015–Mar. 31, 2015
Apr. 1, 2015–Jun. 30, 2015
Jul. 1, 2015–Sep. 30, 2015
Oct. 1, 2015–Dec. 31, 2015
Jan. 1, 2016–Mar. 31, 2016
Apr. 1, 2016–Jun. 30, 2016
Jul. 1, 2016–Sep. 30, 2016
Oct. 1, 2016–Dec. 31, 2016
Jan. 1, 2017–Mar. 31, 2017
Apr. 1, 2017–Jun. 30, 2017
Jul. 1, 2017–Sep. 30, 2017
Oct. 1, 2017–Dec. 31, 2017
Jan. 1, 2018–Mar. 31, 2018
Apr. 1, 2018–Jun. 30, 2018
Jul. 1, 2018–Sep. 30, 2018
Oct. 1, 2018–Dec. 31, 2018
Jan. 1, 2019–Mar. 31, 2019
Apr. 1, 2019–Jun. 30, 2019
Jul. 1, 2019–Sep. 30, 2019
Oct. 1, 2019–Dec. 31, 2019
Jan. 1, 2020–Mar. 31, 2020
Apr. 1, 2020–Jun. 30, 2020
Jul. 1, 2020–Sep. 30, 2020
Oct. 1, 2020–Dec. 31, 2020

5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
6%
6%
6%
6%
6%
6%
6%
6%
7%
7%
7%
8%
8%
7%
7%
7%
7%
5%
5%

Jan. 1, 2021–Mar. 31, 2021
Apr. 1, 2021–Jun. 30, 2021
Jul. 1, 2021–Sep. 30, 2021
Oct. 1, 2021–Dec. 31, 2021
Jan. 1, 2022–Mar. 31, 2022
Apr. 1, 2022–Jun. 30, 2022
Jul. 1, 2022–Sep. 30, 2022
Oct. 1, 2022–Dec. 31, 2022
Jan. 1, 2023–Mar. 31, 2023
Apr. 1, 2023–Jun. 30, 2023
Jul. 1, 2023–Sep. 30, 2023

5%
5%
5%
5%
5%
6%
7%
8%
9%
9%
9%

Bulletin No. 2026–22

1531

63
63
15
15
15
15
15
15
15
15
15
15
15
15
63
65
65
65
17
17
17
17
17
19
19
19
21
21
19
19
67
67
63

617
617
569
569
569
569
569
569
569
569
569
569
569
569
617
619
619
619
571
571
571
571
571
573
573
573
575
575
573
573
621
621
617

63
15
15
15
15
15
17
19
21
23
23
23

617
569
569
569
569
569
571
573
575
577
577
577

May 26, 2026

Oct. 1, 2023–Dec. 31, 2023
Jan. 1, 2024–Mar. 31, 2024
Apr. 1, 2024–Jun. 30, 2024
Jul. 1, 2024–Sep. 30, 2024
Oct. 1, 2024–Dec. 31, 2024
Jan. 1, 2025–Mar. 31, 2025
Apr. 1, 2025–Jun. 30, 2025
Jul. 1, 2025–Sep. 30, 2025
Oct. 1, 2025–Dec. 31, 2025
Jan. 1, 2026–Mar. 31, 2026
Apr. 1, 2026–Jun. 30, 2026
Jul. 1, 2026–Sep. 30, 2026

10%
10%
10%
10%
10%
9%
9%
9%
9%
9%
8%
9%

May 26, 2026

1532

25
73
73
73
73
23
23
23
23
23
21
23

579
627
627
627
627
577
577
577
577
577
575
577

Bulletin No. 2026–22

TABLE OF INTEREST RATES FOR CORPORATE
OVERPAYMENTS EXCEEDING $10,000
FROM JANUARY 1, 1995 – PRESENT
1995-1 C.B.
PERIOD

RATE

TABLE

PG

Jan. 1, 1995–Mar. 31, 1995

6.5%

18

572

Apr. 1, 1995–Jun. 30, 1995

7.5%

20

574

Jul. 1, 1995–Sep. 30, 1995

6.5%

18

572

Oct. 1, 1995–Dec. 31, 1995

6.5%

18

572

Jan. 1, 1996–Mar. 31, 1996

6.5%

66

620

Apr. 1, 1996–Jun. 30, 1996

5.5%

64

618

Jul. 1, 1996–Sep. 30, 1996

6.5%

66

620

Oct. 1, 1996–Dec. 31, 1996

6.5%

66

620

Jan. 1, 1997–Mar. 31, 1997

6.5%

18

572

Apr. 1, 1997–Jun. 30, 1997

6.5%

18

572

Jul. 1, 1997–Sep. 30, 1997

6.5%

18

572

Oct. 1, 1997–Dec. 31, 1997

6.5%

18

572

Jan. 1, 1998–Mar. 31, 1998

6.5%

18

572

Apr. 1, 1998–Jun. 30, 1998

5.5%

16

570

Jul. 1, 1998–Sep. 30, 1998

5.5%

16

570

Oct. 1, 1998–Dec. 31, 1998

5.5%

16

570

Jan. 1, 1999–Mar. 31, 1999

4.5%

14

568

Apr. 1, 1999–Sep. 30, 1999

5.5%

16

570

Jul. 1, 1999–Sep. 30, 1999

5.5%

16

570

Oct. 1, 1999–Dec. 31, 1999

5.5%

16

570

Jan. 1, 2000–Mar. 31, 2000

5.5%

64

618

Apr. 1, 2000–Jun. 30, 2000

6.5%

66

620

Jul. 1, 2000–Sep. 30, 2000

6.5%

66

620

Oct. 1, 2000–Dec. 31, 2000

6.5%

66

620

Jan. 1, 2001–Mar. 31, 2001

6.5%

18

572

Apr. 1, 2001–Jun. 30, 2001

5.5%

16

570

Jul. 1, 2001–Sep. 30, 2001

4.5%

14

568

Oct. 1, 2001–Dec. 31, 2001

4.5%

14

568

Jan. 1, 2002–Mar. 31, 2002

3.5%

12

566

Apr. 1, 2002–Jun. 30, 2002

3.5%

12

566

Jul. 1, 2002–Sep. 30, 2002

3.5%

12

566

Oct. 1, 2002–Dec. 31, 2002

3.5%

12

566

Jan. 1, 2003–Mar. 31, 2003

2.5%

10

564

Apr. 1, 2003–Jun. 30, 2003

2.5%

10

564

Jul. 1, 2003–Sep. 30, 2003

2.5%

10

564

Oct. 1, 2003–Dec. 31, 2003

1.5%

8

562

Jan. 1, 2004–Mar. 31, 2004

1.5%

56

610

Apr. 1, 2004–Jun. 30, 2004

2.5%

58

612

Bulletin No. 2026–22

1533

May 26, 2026

Jul. 1, 2004–Sep. 30, 2004

1.5%

56

610

Oct. 1, 2004–Dec. 31, 2004

2.5%

58

612

Jan. 1, 2005–Mar. 31, 2005

2.5%

10

564

Apr. 1, 2005–Jun. 30, 2005

3.5%

12

566

Jul. 1, 2005–Sep. 30, 2005

3.5%

12

566

Oct. 1, 2005–Dec. 31, 2005

4.5%

14

568

Jan. 1, 2006–Mar. 31, 2006

4.5%

14

568

Apr. 1, 2006–Jun. 30, 2006

4.5%

14

568

Jul. 1, 2006–Sep. 30, 2006

5.5%

16

570

Oct. 1, 2006–Dec. 31, 2006

5.5%

16

570

Jan. 1, 2007–Mar. 31, 2007

5.5%

16

570

Apr. 1, 2007–Jun. 30, 2007

5.5%

16

570

Jul. 1, 2007–Sep. 30, 2007

5.5%

16

570

Oct. 1, 2007–Dec. 31, 2007

5.5%

16

570

Jan. 1, 2008–Mar. 31, 2008

4.5%

62

616

Apr. 1, 2008–Jun. 30, 2008

3.5%

60

614

Jul. 1, 2008–Sep. 30, 2008

2.5%

58

612

Oct. 1, 2008–Dec. 31, 2008

3.5%

60

614

Jan. 1, 2009–Mar. 31, 2009

2.5%

10

564

Apr. 1, 2009–Jun. 30, 2009

1.5%

8

562

Jul. 1, 2009–Sep. 30, 2009

1.5%

8

562

Oct. 1, 2009–Dec. 31, 2009

1.5%

8

562

Jan. 1, 2010–Mar. 31, 2010

1.5%

8

562

Apr. 1, 2010–Jun. 30, 2010

1.5%

8

562

Jul. 1, 2010–Sep. 30, 2010

1.5%

8

562

Oct. 1, 2010–Dec. 31, 2010

1.5%

8

562

Jan. 1, 2011–Mar. 31, 2011

0.5%*

Apr. 1, 2011–Jun. 30, 2011

1.5%

8

562

Jul. 1, 2011–Sep. 30, 2011

1.5%

8

562

Oct. 1, 2011–Dec. 31, 2011

0.5%*

Jan. 1, 2012–Mar. 31, 2012

0.5%*

Apr. 1, 2012–Jun. 30, 2012

0.5%*

Jul. 1, 2012–Sep. 30, 2012

0.5%*

Oct. 1, 2012–Dec. 31, 2012

0.5%*

Jan. 1, 2013–Mar. 31, 2013

0.5%*

Apr. 1, 2013–Jun. 30, 2013

0.5%*

Jul. 1, 2013–Sep. 30, 2013

0.5%*

Oct. 1, 2013–Dec. 31, 2013

0.5%*

Jan. 1, 2014–Mar. 31, 2014

0.5%*

Apr. 1, 2014–Jun. 30, 2014

0.5%*

Jul. 1, 2014–Sep. 30, 2014

0.5%*

Oct. 1, 2014–Dec. 31, 2014

0.5%*

May 26, 2026

1534

Bulletin No. 2026–22

Jan. 1, 2015–Mar. 31, 2015

0.5%*

Apr. 1, 2015–Jun. 30, 2015

0.5%*

Jul. 1, 2015–Sep. 30, 2015

0.5%*

Oct. 1, 2015–Dec. 31, 2015

0.5%*

Jan. 1, 2016–Mar. 31, 2016

0.5%*

Apr. 1, 2016–Jun. 30, 2016

1.5%

56

610

Jul. 1, 2016–Sep. 30, 2016

1.5%

56

610

Oct. 1, 2016–Dec. 31, 2016

1.5%

56

610

Jan. 1, 2017–Mar. 31, 2017

1.5%

8

562

Apr. 1, 2017–Jun. 30, 2017

1.5%

8

562

Jul. 1, 2017–Sep. 30, 2017

1.5%

8

562

Oct. 1, 2017–Dec. 31, 2017

1.5%

8

562

Jan. 1, 2018–Mar. 31, 2018

1.5%

8

562

Apr. 1, 2018–Jun. 30, 2018

2.5%

10

564

Jul. 1, 2018–Sep. 30, 2018

2.5%

10

564

Oct. 1, 2018–Dec. 31, 2018

2.5%

10

564

Jan. 1, 2019–Mar. 31, 2019

3.5%

12

566

Apr. 1, 2019–Jun. 30, 2019

3.5%

12

566

Jul. 1, 2019–Sep. 30, 2019

2.5%

10

564

Oct. 1, 2019–Dec. 31, 2019

2.5%

10

564

Jan. 1, 2020–Mar. 31, 2020

2.5%

58

612

Apr. 1, 2020–Jun. 30, 2020

2.5%

58

612

Jul. 1, 2020–Sep. 30, 2020

0.5%*

Oct. 1, 2020–Dec. 31, 2020

0.5%*

Jan. 1, 2021–Mar. 31, 2021

0.5%*

Apr. 1, 2021–Jun. 30, 2021

0.5%*

Jul. 1, 2021–Sep. 30, 2021

0.5%*

Oct. 1, 2021–Dec. 31, 2021

0.5%*

Jan. 1, 2022–Mar. 31, 2022

0.5%*

Apr. 1, 2022–Jun. 30, 2022

1.5%

8

562

Jul. 1, 2022–Sep. 30, 2022

2.5%

10

564

Oct. 1, 2022–Dec. 31, 2022

3.5%

12

566

Jan. 1, 2023–Mar. 31, 2023

4.5%

14

568

Apr. 1, 2023–Jun. 30, 2023

4.5%

14

568

Jul. 1, 2023–Sep. 30, 2023

4.5%

14

568

Oct. 1, 2023–Dec. 31, 2023

5.5%

16

570

Jan. 1, 2024–Mar. 31, 2024

5.5%

64

618

Apr. 1, 2024–Jun. 30, 2024

5.5%

64

618

Jul. 1, 2024–Sep. 30, 2024

5.5%

64

618

Oct. 1, 2024–Dec. 31, 2024

5.5%

64

618

Jan. 1, 2025–Mar. 31, 2025

4.5%

14

568

Apr. 1, 2025–Jun. 30, 2025

4.5%

14

568

Bulletin No. 2026–22

1535

May 26, 2026

Jul. 1, 2025–Sep. 30, 2025

4.5%

14

568

Oct. 1, 2025–Dec. 31, 2025

4.5%

14

568

Jan. 1, 2026–Mar. 31, 2026

4.5%

14

568

Apr. 1, 2026–Jun. 30, 2026

3.5%

12

566

Jul. 1, 2026–Sep. 30, 2026

4.5%

14

568

* The asterisk reflects the interest factors for daily compound interest for annual rates of 0.5 percent published in Appendix A of this Revenue
Ruling.

May 26, 2026

1536

Bulletin No. 2026–22

Part III
Credit for Carbon Oxide
Sequestration 2026
Section 45Q Inflation
Adjustment Factor
Notice 2026-29
SECTION 1. PURPOSE
This notice publishes the inflation
adjustment factor for the credit for carbon oxide sequestration under § 45Q of
the Internal Revenue Code (§ 45Q credit)
for calendar year 2026.1 The inflation
adjustment factor is used to determine
the amount of the credit allowable under
§ 45Q for taxpayers that make an election under § 45Q(b)(3) to have the dollar
amounts applicable under § 45Q(a)(1) or
(2) apply.
SECTION 2. BACKGROUND
Section 45Q was added to the Code
by § 115 of the Energy Improvement and
Extension Act of 2008, enacted as Division B of Pub. L. 110-343, 122 Stat. 3765,
3829 (October 3, 2008), to provide a credit
for the sequestration of carbon dioxide.
Section 45Q was amended by § 1131 of
the American Recovery and Reinvestment
Tax Act of 2009, enacted as Division B of
Pub. L. 111-5, 123 Stat 115 (February 17,
2009), § 41119 of the Bipartisan Budget
Act of 2018 (BBA), Pub. L. No. 115-123
(February 9, 2018), § 121 of the Taxpayer
Certainty and Disaster Tax Relief Act of
2020, enacted as Division EE of the Consolidated Appropriations Act, 2021, Pub.
L. 116-260, 134 Stat. 3051 (December
27, 2020), § 13104 of Pub. L. 117-169,
136 Stat. 1818 (August 16, 2022), commonly known as the Inflation Reduction
Act (IRA), and § 70522 of Pub. L. 11921, 139 Stat. 72 (July 4, 2025), commonly
known as the One, Big, Beautiful Bill Act
(OBBBA).

1

Section 45Q(a)(1) allows a credit of
$20 per metric ton of qualified carbon
oxide (i) captured by the taxpayer using
carbon capture equipment which is originally placed in service at a qualified facility before the date of the enactment of the
BBA, (ii) disposed of by the taxpayer in
secure geological storage, and (iii) not
used by the taxpayer as a tertiary injectant
in a qualified enhanced oil or natural gas
recovery project.
Section 45Q(a)(2) allows a credit of
$10 per metric ton of qualified carbon
oxide (i) captured by the taxpayer using
carbon capture equipment which is originally placed in service at a qualified
facility before the date of the enactment
of the BBA, and (ii) either (I) used by the
taxpayer as a tertiary injectant in a qualified enhanced oil or natural gas recovery
project and disposed of by the taxpayer in
secure geological storage or (II) utilized
by the taxpayer in a manner described in
§ 45Q(f)(5).
Section 45Q(b)(3) provides that, for
purposes of determining the carbon oxide
sequestration credit under this section,
a taxpayer may elect to have the dollar
amounts applicable under § 45Q(a)(1)
or (2) apply in lieu of the dollar amounts
applicable under § 45Q(a)(3) or (4) for
each metric ton of qualified carbon oxide
which is captured by the taxpayer using
carbon capture equipment which is originally placed in service at a qualified facility on or after the date of the enactment of
the BBA.
Notice 2022-38 provided that 2022
was the final calendar year for which a
taxpayer may claim a § 45Q credit under
§ 45Q(a)(1) and (2) for qualified carbon
oxide that is captured by carbon capture
equipment originally placed in service at a
qualified facility before the date of enactment of the BBA. Therefore, the inflation
adjustment amounts in section 3 of this
notice only apply if a taxpayer elects under
§ 45Q(b)(3) to apply the dollar amounts

applicable under § 45Q(a)(1) or (2) in lieu
of the dollar amounts applicable under §
45Q(a)(3) or (4).
Under § 45Q(f)(7), for taxable years
beginning in a calendar year after 2009,
the dollar amounts contained in § 45Q(a)
(1) and (2) must be adjusted for inflation
by multiplying such dollar amount by the
inflation adjustment factor for such calendar year determined under § 43(b)(3)(B),
determined by substituting “2008” for
“1990.”
Section 43(b)(3)(B) defines the term
“inflation adjustment factor” as, with
respect to any calendar year, a fraction the
numerator of which is the GNP implicit
price deflator for the preceding calendar
year and the denominator of which is the
GNP implicit price deflator for 1990. For
purposes of § 45Q(f)(7), for the 2025 calendar year, the inflation adjustment factor
is a fraction the numerator of which is
the GNP implicit price deflator for 2025
(128.888) and the denominator of which
is the GNP implicit price deflator for 2008
(88.046).
SECTION 3. INFLATION
ADJUSTMENT FACTOR
The inflation adjustment factor for
calendar year 2026 is 1.4639. The § 45Q
credit for calendar year 2026 is $29.28 per
metric ton of qualified carbon oxide under
§ 45Q(a)(1) and $14.64 per metric ton of
qualified carbon oxide under § 45Q(a)(2).
SECTION 4. DRAFTING
INFORMATION
The principal author of this notice is
the Office of Associate Chief Counsel
(Energy, Credits, and Excise). For further information regarding this notice
contact (202) 317-6853 (not a toll-free
number).

Unless otherwise specified, all “section” references will be to the Internal Revenue Code, as amended, or the Income Tax Regulations.

Bulletin No. 2026–22

1537

May 26, 2026

2025 Section 45K(d)(2)(C)
Reference Price
Notice 2026-30
SECTION 1. PURPOSE
This notice publishes the reference
price under § 45K(d)(2)(C) of the Internal Revenue Code for calendar year
2025.1 The credit period for the nonconventional source production credit under
§ 45K ended on December 31, 2013, for
facilities producing coke or coke gas
(other than from petroleum-based products). However, the reference price continues to apply in determining the amount
of the enhanced oil recovery credit under
§ 43, the marginal well production credit
for qualified crude oil production under
§ 45I, and the applicable percentage
under § 613A to be used in determining
percentage depletion in the case of oil
and natural gas produced from marginal
properties.
SECTION 2. BACKGROUND
Section 45K(d)(2)(C) provides that the
term “reference price” means, with respect
to a calendar year, the Secretary’s estimate
of the annual average wellhead price per
barrel for all domestic crude oil the price
of which is not subject to regulation by the
United States.
Section 43(a) provides that, for purposes of § 38, the enhanced oil recovery
credit for any taxable year is an amount
equal to 15 percent of the taxpayer’s qualified enhanced oil recovery costs for such
taxable year.
Section 43(b)(1) provides that the
amount of enhanced oil recovery credit
for any taxable year shall be reduced by
an amount which bears the same ratio to
the amount of such credit (determined
without regard to this paragraph) as (A) the amount by which the reference
price for the calendar year preceding the
calendar year in which the taxable year
begins exceeds $28, bears to (B) $6.
Section 43(b)(2) provides that the term

1

“reference price” means, with respect
to any calendar year, the reference price
determined for such calendar year under
§ 45K(d)(2)(C).
Section 45I(a) provides that, for purposes of § 38, the marginal well production credit for any taxable year is an
amount equal to the product of the credit
amount and the qualified crude oil production and the qualified natural gas production which is attributable to the taxpayer.
Section 45I(b)(1) provides that for
crude oil production, the amount of the
marginal well production credit is $3 per
barrel of qualified crude oil production.
Section 45I(b)(2) provides that the
$3 amount under § 45I(b)(1) shall be
reduced (but not below zero) by an
amount which bears the same ratio to
such amount (determined without regard
to this paragraph) as – (i) the excess (if
any) of the applicable reference price
over $15, bears to (ii) $3. The applicable reference price for a taxable year is
the reference price of the calendar year
preceding the calendar year in which the
taxable year begins.
Section 45I(b)(2)(C) provides that for
qualified crude oil production the term
“reference price” means, with respect
to any calendar year, the reference price
determined under § 45K(d)(2)(C).
Section 613A(c)(6)(A) provides, in
general, that the allowance for depletion
under § 611 shall be computed in accordance with § 613 with respect to - (i) so
much of the taxpayer’s average daily marginal production of domestic crude oil as
does not exceed the taxpayer’s depletable
oil quantity (determined without regard
to paragraph (3)(A)(ii)), and (ii) so much
of the taxpayer’s average daily marginal
production of domestic natural gas as
does not exceed the taxpayer’s depletable
natural gas quantity (determined without
regard to paragraph (3)(A)(ii)), and the
applicable percentage shall be deemed to
be specified in subsection (b) of § 613 for
purposes of subsection (a) of that section.
Section 613A(c)(6)(C) provides that
the term “applicable percentage” means
the percentage (not greater than 25 per-

cent) equal to the sum of - (i) 15 percent,
plus (ii) 1 percentage point for each whole
dollar by which $20 exceeds the reference price for crude oil for the calendar
year preceding the calendar year in which
the taxable year begins. For purposes of
this paragraph, the term “reference price”
means, with respect to any calendar year,
the reference price determined for such
calendar year under § 45K(d)(2)(C).
SECTION 3. REFERENCE PRICE
The reference price under § 45K(d)(2)
(C) for calendar year 2025 is $63.40.
SECTION 4. DRAFTING
INFORMATION
The principal author of this notice is
the Office of Associate Chief Counsel
(Energy, Credits, and Excise). For further
information regarding this notice, contact (202) 317-6853 (not a toll-free number).

26 CFR 601.201: Rulings and determination letters.

Rev. Proc. 2026-21
SECTION 1. PURPOSE
This revenue procedure describes a
program for letter rulings with respect to
certain issues solely under the jurisdiction
of the Associate Chief Counsel (Corporate). This program does not diminish the
availability of letter rulings under existing
programs.
SECTION 2. CHANGES
This revenue procedure modifies and
amplifies Rev. Proc. 2026-1, 2026-1
I.R.B. 1, which explains how the Internal Revenue Service (Service) provides
advice to taxpayers on issues under the
jurisdiction of the Associate Chief Counsel (Corporate). This revenue procedure
also modifies and amplifies Rev. Proc.
2026-3, 2026-1 I.R.B. 143, which sets

Unless otherwise specified, all “section” references will be to the Internal Revenue Code, as amended, or the Income Tax Regulations.

May 26, 2026

1538

Bulletin No. 2026–22

forth the areas of the Internal Revenue
Code (Code)1 under the jurisdiction of
the Associate Chief Counsel (Corporate)
relating to issues on which the Service
will not issue letter rulings.
SECTION 3. BACKGROUND
.01 Prior Ruling Policy. As described
in this section 3.01, the Service has taken
various positions over time on issuing letter rulings on only part of an integrated
transaction.
(1) Rev. Proc. 2001-3. Rev. Proc. 20013, 2001-1 I.R.B. 111, modified by Ann.
2001-25, 2001-11 I.R.B. 895, provided
that the Service would not rule on whether
a transaction qualifies under § 332, 351,
368(a)(1)(A), (B), (C), (E) or (F), or 1036,
and whether various consequences (such
as nonrecognition and basis) result from
the application of that section, unless the
Service determined that there was a significant issue that must be resolved in order
to decide those matters. In that case, the
Service would rule on the entire transaction and not just on the significant issue.
See section 3.01(29) of Rev. Proc. 2001-3.
(2) Rev. Proc. 2009-25. Rev. Proc.
2009-25, 2009-24 I.R.B. 1088, announced
a pilot program for letter rulings on issues
arising in the context of distributions to
which § 355 applies (§ 355 distributions).
Under this program, a taxpayer could
request a letter ruling on part of a larger
transaction or on a particular issue under a
Code section that a transaction presented.
In turn, the Service would issue a letter
ruling on the particular issue raised in the
letter ruling request and not on any other
issue (including, in some cases, qualification of the distribution under § 355) or on
any other aspect of the transaction.
(3) Rev. Proc. 2013-32. Rev. Proc.
2013-32, 2013-28 I.R.B. 55, provided that
the Service no longer would rule on (i)
whether a transaction qualifies for nonrecognition treatment under § 332, 351, 355,
or 1036, (ii) whether a transaction constitutes a reorganization within the meaning
of § 368, or (iii) the various tax consequences resulting from the application of
those Code sections. Instead, the Service

1

would rule only on significant issues presented in transactions described in those
Code sections (significant issue rulings).
Rev. Proc. 2013-32 further provided that
(i) the Service would not issue a letter ruling with respect to an issue that is clearly
and adequately addressed by statute, regulations, decision of a court, or authority
published in the Internal Revenue Bulletin
(comfort ruling), but that (ii) except with
respect to issues under §§ 332, 351, 355,
368, and 1036 and the tax consequences
resulting from the application of those
Code sections, an Associate office may,
in its discretion, issue a comfort ruling if
the Associate office is otherwise ruling on
another issue arising in the same transaction. Rev. Proc. 2013-32 also provided
that the pilot program announced in Rev.
Proc. 2009-25 was discontinued.
(4) Rev. Proc. 2017-52. Rev. Proc.
2017-52, 2017-41 I.R.B. 283, provides
procedures for requesting letter rulings
regarding § 355 distributions. Rev. Proc.
2017‑52 established a pilot program to
issue letter rulings that address the general Federal income tax consequences of
a § 355 distribution. Rev. Proc. 2017-52
also provides procedures for requesting
such rulings and clarifies procedures for
requesting rulings on significant issues
presented in those transactions. Rev. Proc.
2017-52 modified and superseded a number of prior revenue procedures, including
superseding Rev. Proc. 2009-25 and Rev.
Proc. 2013-32.
(5) Rev. Proc. 2024-1 and Rev. Proc.
2024-3. Rev. Proc. 2024-1, 2024-1
I.R.B. 1, and Rev. Proc. 2024-3, 2024-1
I.R.B. 143, removed issues under §§ 332,
351, 368, and 1036 from the list of areas in
which letter rulings ordinarily would not
be issued, permitted the issuance of comfort rulings relating to transactions under
§§ 332, 351, 355, 368, 1036, and related
operative provisions, and ended the practice of issuing significant issue rulings,
including with respect to § 355 distributions. See sections 6.11 and 16 of Rev.
Proc. 2024-1; section 1.02 of Rev. Proc.
2024-3.
.02 Current Ruling Policy. The Service
ordinarily will not issue a letter ruling

on only part of an integrated transaction.
However, if part of an integrated transaction falls under an area of the Code,
including those under the jurisdiction of
the Associate Chief Counsel (Corporate),
on which the Service will not issue letter rulings, the Service may issue a letter
ruling on other parts of the transaction.
Section 6.03 of Rev. Proc. 2026-1; section 4.02(2) of Rev. Proc. 2026-3. If it is
impossible for the Service to determine the
tax consequences of an integrated transaction without resolving an issue on which
the Service will not issue rulings (no-rule
issue) involving a part of the transaction
or a related transaction, the taxpayer must
state in its letter ruling request to the best
of its knowledge and belief the tax consequences of the no-rule issue. The Service’s
letter ruling will state that the Service did
not consider, and no opinion is expressed
upon, that issue. In appropriate cases,
notwithstanding the taxpayer’s representation, the Service may decline to issue a
letter ruling on the integrated transaction
due to the relevance of the no-rule issue.
Section 2.03 of Rev. Proc. 2026-3.
In addition, except with respect to
issues under §§ 332, 351, 355, 368, 1036,
and related operative provisions, the Service ordinarily will not issue comfort rulings, but the Service may in its discretion
decide to issue a comfort ruling if the
Service is otherwise issuing a letter ruling
to the taxpayer on another issue arising
in the same transaction. Section 6.11 of
Rev. Proc. 2026-1; section 4.02(9) of Rev.
Proc. 2026-3.
Furthermore, the Service will not issue
letter rulings on questions that the Service
determines, in its discretion, should not
be answered in the interest of sound tax
administration, including due to resource
constraints. Section 3.02(10) of Rev. Proc.
2026-3.
A taxpayer requesting a letter ruling
solely or primarily under the jurisdiction
of the Associate Chief Counsel (Corporate) may request fast-track processing,
but not expedited handling, of that letter
ruling request. However, expedited handling, but not fast-track processing, may
be available for letter ruling requests that

Unless otherwise provided, all "section" or "§" references are to sections of the Code or the Income Tax Regulations (26 CFR part 1).

Bulletin No. 2026–22

1539

May 26, 2026

include a closing agreement with respect
to an issue or letter ruling requests for an
extension of time for making an election
or other relief. Section 7.02(4) of Rev.
Proc. 2026-1; Rev. Proc. 2023-26, 202333 I.R.B. 486.
.03 Feedback Requesting Significant
Issue Rulings. The Service has received
numerous informal comments from taxpayers and practitioners regarding the
time required to process letter ruling
requests and the scope of those letter ruling requests. Taxpayers and practitioners
have recommended that the Service reinstate the practice of issuing significant
issue rulings. To use Service resources
more efficiently, and to increase the availability and timeliness of letter rulings, this
revenue procedure establishes a significant issue ruling program to allow taxpayers to request rulings on one or more
issues that—
(1) Are solely under the jurisdiction of
the Associate Chief Counsel (Corporate);
(2) Are significant (as defined in section 4.02 of this revenue procedure); and
(3) Involve the tax consequences or
characterization of a transaction (or part
of a transaction) that is described in § 332,
351, 355, 368, or 1036.
SECTION 4. SCOPE
.01 Significant Issue Ruling Program. Under the significant issue ruling
program described in this revenue procedure, taxpayers may request, and the
Service may issue, a ruling on part of
an integrated transaction described in
§ 332, 351, 355, 368, or 1036. In addition, taxpayers may request, and the Service may issue, a ruling on a particular
legal issue under a section of the Code
or the Income Tax Regulations with
respect to a transaction (or part thereof)
rather than a ruling that addresses all
aspects of that section (or any other
section) with respect to the transaction
(or part thereof). For example, the Service may issue a letter ruling addressing significant issues presented by the
application of § 355(e), 1.368-1(d), or
1.368-2(k), even though the ruling does
not address overall qualification of the
transaction under § 355 or 368.
In addition, the Service may rule on
the tax consequences (such as nonrec-

May 26, 2026

ognition and basis) resulting from integrated transactions described in § 332,
351, 355, 368, or 1036 to the extent that
a significant issue is presented under
related Code sections that address such
tax consequences. For example, a § 351
exchange that does not present any significant issues under § 351 may present
a significant issue regarding the application of § 358 to the transferor in the
exchange.
This revenue procedure does not limit
the number of significant issues with
respect to a transaction that may be the
subject of a single letter ruling. However,
the Service reserves the right to rule on
any other issue related to the transaction
(including ruling adversely) if the Service
believes that doing so would be in the
interest of sound tax administration.
If the Service issues a letter ruling on a
significant issue under Rev. Proc. 2026‑1
as modified and amplified by this revenue
procedure, the letter ruling will state that
no opinion is expressed as to the overall tax consequences of the transactions
described in the letter ruling or as to any
issue or step not specifically addressed by
the letter ruling.
.02 Significant Issue. A significant
issue is a germane and specific issue of
law, provided that a ruling on the issue
would not be a comfort ruling or the conclusion in such a ruling otherwise would
not be essentially free from doubt. An
issue is germane if resolution of the issue
is necessary to determine an element
of the tax treatment of the transaction.
An issue is specific if it is the narrowest articulation of the germane issue. A
change of circumstances arising after a
transaction ordinarily does not present
a significant issue with respect to the
transaction.
SECTION 5. PROCEDURE
.01 In General. Letter ruling requests
submitted under Rev. Proc. 2026‑1 as
modified and amplified by this revenue
procedure must comply with the requirements set forth in Rev. Proc. 2026-1,
including the requirements of section
6.03 of Rev. Proc. 2026-1, as modified
and amplified by this revenue procedure.
All pertinent no-rule policies described in
Rev. Proc. 2026-3, as modified and ampli-

1540

fied by this revenue procedure, will govern
requests for letter rulings made pursuant
to this revenue procedure. For example,
see section 3.01(66) of Rev. Proc. 2026-3
(no-rule policy regarding business purpose under § 355).
In preparing a letter ruling request
under Rev. Proc. 2026‑1 as modified
and amplified by this revenue procedure,
taxpayers should continue to consult
other applicable revenue procedures. For
example, see Rev. Proc. 2025-30, 202542 I.R.B. 489 and Rev. Proc. 2017-52.
However, the letter ruling request must
include the information and representations described in such revenue procedures (as applicable) only to the extent
that they relate to the significant issue.
Further, when a taxpayer is requesting a
ruling regarding a significant issue under
a section of the Code or the Income Tax
Regulations (for example, § 355(e)), the
taxpayer must provide a representation
(to the best knowledge and belief of the
taxpayer) that the transaction would otherwise satisfy the requirements under
that section (for example, § 355) or, as
applicable, the relevant definitional section (for example, § 368).
.02 Rev. Proc. 2026-1. Rev. Proc.
2026-1 is modified and amplified as follows:
(1) Section 6.03. The following text is
added after the first paragraph of section
6.03 of Rev. Proc. 2026-1:
Significant issue rulings. In addition,
the Office of Associate Chief Counsel
(Corporate) may issue a letter ruling on
part of an integrated transaction without ruling on the larger transaction if the
requested ruling would address one or
more issues that: (1) are solely under the
jurisdiction of the Associate Chief Counsel (Corporate); (2) are significant; and
(3) involve the tax consequences or characterization of a transaction (or part of
a transaction) that is described in § 332,
351, 355, 368, or 1036. The Service also
may rule on a particular legal issue under a
section of the Code or related regulations
without ruling on other legal issues under
that section of the Code or regulations if
the issue meets the three conditions of the
preceding sentence.
A significant issue is a germane and
specific issue of law, provided that a ruling on the issue would not be a comfort

Bulletin No. 2026–22

ruling or the conclusion in such a ruling
otherwise would not be essentially free
from doubt. An issue is germane if resolution of the issue is necessary to determine an element of the tax treatment of
the transaction. An issue is specific if it is
the narrowest articulation of the germane
issue. A change of circumstances arising
after a transaction ordinarily does not
present a significant issue with respect to
the transaction.
Before preparing the letter ruling
request under this section 6.03, a taxpayer
should follow the procedures provided in
section 10.07(1) of this revenue procedure
for pre-submission conferences to discuss
whether the Office of the Associate Chief
Counsel (Corporate) will issue a letter
ruling under this section 6.03. The Service reserves the right to rule on any other
aspect of the transaction (including ruling
adversely) if the Service believes doing so
is in the interest of sound tax administration.
All requests for a ruling under this section 6.03 must contain the following:
(1) A narrative description of the transaction that puts the significant issue in
context;
(2) A statement identifying the issue;
(3) An analysis of the relevant law
that sets forth the authorities most closely
related to the issue, explains why these
authorities do not resolve the issue, and
explains why the issue is significant;
(4) Applicable information and representations from relevant revenue procedures with respect to the significant issue
(see Appendix F of this revenue procedure) and as otherwise may be required
by the Office of Associate Chief Counsel
(Corporate) depending on the facts and
circumstances;
(5) If the taxpayer is requesting a ruling
on the tax treatment of part of an integrated
transaction, a representation regarding the
relevant tax consequences of the integrated transaction (to the best knowledge
and belief of the taxpayer), assuming that
the Service issues the requested ruling;
(6) The precise ruling(s) being
requested; and
(7) A statement that no rulings outside
the jurisdiction of the Associate Chief
Counsel (Corporate) are requested.
1

(2) Appendix C. The following text is
added after question 8 of Appendix C of
Rev. Proc. 2026-1:
See section 6.03.
.03 Rev. Proc. 2026-3. The following
text is added after the first paragraph of
section 4.02(2) of Rev. Proc. 2026-3:
Notwithstanding the prior paragraph,
in connection with transactions described
in § 332, 351, 355, 368, or 1036, the
Office of Associate Chief Counsel (Corporate) may issue a letter ruling on part of an
integrated transaction if and to the extent
that the transaction presents a significant issue. See section 6.03 of Rev. Proc.
2026-1, 2026-1 I.R.B. 1, as modified and
amplified by Rev. Proc. 2026-21, 2026-22
I.R.B. 1538.
SECTION 6. EFFECT ON OTHER
REVENUE PROCEDURES
Rev. Proc. 2026-1 and Rev. Proc.
2026-3 are modified and amplified.
SECTION 7. EFFECTIVE DATE
The significant issue ruling program established by this revenue procedure applies to all letter ruling requests
described in section 4.01 of this revenue
procedure postmarked or, if not mailed,
received by the Service after May 5, 2026.
SECTION 8. PAPERWORK
REDUCTION ACT
The collections of information in this
revenue procedure have been reviewed
and approved by the Office of Management and Budget (OMB) in accordance
with the Paperwork Reduction Act (44
U.S.C. 3507) under control number 15451522.
An agency may not conduct or sponsor,
and a person is not required to respond
to, a collection of information unless the
collection of information displays a valid
OMB control number.
The collections of information in this
revenue procedure are in section 5. This
information is required to determine
whether a taxpayer qualifies for a letter
ruling on part of an integrated transaction
without the Service ruling on the larger

transaction. The collections of information are required to obtain a benefit. The
likely respondents are corporations seeking letter rulings. These procedures do
not change the estimated burden already
approved by OMB.
Books or records relating to a collection of information must be retained as
long as their contents may become material in the administration of any internal
revenue tax law. Generally, tax returns and
tax return information are confidential, as
required by § 6103.
SECTION 9. DRAFTING
INFORMATION
The principal author of this revenue
procedure is Jonathan H. Blake of the
Office of Associate Chief Counsel (Corporate). For further information regarding
this revenue procedure, contact Mr. Blake
at (202) 317-6847 (not a toll-free call).

26 CFR 601.601: Rules and Regulations.
(Also Part I, §§ 4980H; 54.4980H)

Rev. Proc. 2026-22
SECTION 1. PURPOSE
This revenue procedure provides
indexing adjustments for the applicable dollar amounts under § 4980H(c)(1)
and (b)(1) of the Internal Revenue Code.
These indexed amounts are used to calculate the employer shared responsibility
payments (ESRP) under § 4980H(a) and
(b)(1), respectively.
SECTION 2. ADJUSTED ITEMS
Under § 4980H(c)(5), in the case of
any calendar year after 2014, the applicable dollar amounts of $2,000 and $3,000
under § 4980H(c)(1) and (b)(1), respectively, are increased by an amount equal
to the product of such dollar amount and
the premium adjustment percentage (as
defined in § 1302(c)(4) of the Patient
Protection and Affordable Care Act1) for
the calendar year. If the amount of any
increase is not a multiple of $10, such

Pub. L. 111–148, 124 Stat. 119 (2010).

Bulletin No. 2026–22

1541

May 26, 2026

increase is rounded to the next lowest
multiple of $10.
The Department of Health and Human
Services (HHS) published the premium
adjustment percentage for 2027 on January 29, 2026, using the most recent
National Health Expenditure Accounts
(NHEA) income and premium data that
was available at the time of publication.
For calculation of the 2027 benefit year
payment parameters, HHS used the NHEA
Projections 2024-2033, the data source
that reflected the most recent projections
available. Using the NHEA Projections
2024-2033, the premium adjustment percentage for 2027 is the percentage (if any)
by which the most recent NHEA projection of per enrollee premiums for private
health insurance (excluding Medigap
and property and casualty insurance) for
2026 ($8,919) exceeds the most recent
NHEA estimate of per enrollee premiums
for private health insurance (excluding
Medigap and property and casualty insurance) for 2013 ($4,715) carried out to
ten significant digits. Using this formula,
the applicable premium adjustment percentage is 1.8916224814.2 For calendar
year 2027, the adjusted $2,000 amount
under § 4980H(c)(1) is $3,780 ($2,000 x
1.8916224814 = $3,783.2449628 rounded
down to $3,780), and the adjusted
$3,000 amount under § 4980H(b)(1)
is $5,670 ($3,000 x 1.8916224814
= $5,674.8674442 rounded down to
$5,670).
SECTION 3. EFFECTIVE DATE
This revenue procedure is effective for
taxable years and plan years beginning
after December 31, 2026.
SECTION 4. DRAFTING
INFORMATION
The principal author of this revenue
procedure is the Office of Associate Chief
Counsel (Employee Benefits, Exempt
Organizations, and Employment Taxes).
For further information regarding this
revenue procedure, contact the Office of
Associate Chief Counsel (Employee Benefits, Exempt Organizations, and Employ-

ment Taxes) at (202) 317-5500 (not a tollfree call).

26 CFR 601.601: Rules and Regulations
(Also: Part 1, §§ 25, 143, 6a.103A-1(b)(4), 6a.103A2(f)(5))

Rev. Proc. 2026-23
SECTION 1. PURPOSE
This revenue procedure provides
issuers of qualified mortgage bonds, as
defined in § 143(a) of the Internal Revenue Code1, and issuers of mortgage credit
certificates, as defined in § 25(c), with (1)
the nationwide average purchase price for
residences located in the United States,
and (2) average area purchase price safe
harbors for residences located in statistical areas in each state, the District of
Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa, the Virgin
Islands, and Guam.
SECTION 2. BACKGROUND
.01 Section 103(a) provides that,
except as provided in § 103(b), gross
income does not include interest on any
State or local bond. Section 103(b)(1) provides that § 103(a) shall not apply to any
private activity bond that is not a “qualified bond” within the meaning of § 141.
Section 141(e) provides, in part, that the
term “qualified bond” means any private
activity bond if such bond (1) is a qualified mortgage bond under § 143, (2) meets
the volume cap requirements under § 146,
and (3) meets the applicable requirements
under § 147.
.02 Section 143(a)(1) provides that the
term “qualified mortgage bond” means a
bond that is issued as part of a qualified
mortgage issue. Section 143(a)(2)(A) provides that the term “qualified mortgage
issue” means an issue of one or more
bonds by a State or political subdivision thereof, but only if: (i) all proceeds
of the issue (exclusive of issuance costs
and a reasonably required reserve) are to
be used to finance owner-occupied res-

idences; (ii) the issue meets the requirements of subsections (c), (d), (e), (f), (g),
(h), (i), and (m)(7) of § 143; (iii) the issue
does not meet the private business tests
of paragraphs (1) and (2) of § 141(b);
and (iv) with respect to amounts received
more than 10 years after the date of issuance, repayments of $250,000 or more of
principal on mortgage financing provided
by the issue are used by the close of the
first semiannual period beginning after the
date the prepayment (or complete repayment) is received to redeem bonds that are
part of the issue.
Average Area Purchase Price
.03 Section 143(e)(1) provides that an
issue of bonds meets the purchase price
requirements of § 143(e) if the acquisition cost of each residence financed by
the issue does not exceed 90 percent of
the average area purchase price applicable
to such residence. Section 143(e)(5) provides that, in the case of a targeted area
residence (as defined in § 143(j)), § 143(e)
(1) shall be applied by substituting 110
percent for 90 percent.
.04 Section 143(e)(2) provides that the
term “average area purchase price” means,
with respect to any residence, the average
purchase price of single-family residences
(in the statistical area in which the residence is located) that were purchased
during the most recent 12-month period
for which sufficient statistical information is available. Under § 143(e)(3) and
(4), respectively, separate determinations
of average area purchase price are to be
made for new and existing residences,
and for two-, three-, and four-family residences.
.05 Section 143(e)(2) also provides that
the determination of the average area purchase price shall be made as of the date
on which the commitment to provide the
financing is made or, if earlier, the date of
the purchase of the residence.
.06 Section 143(k)(2)(A) provides
that the term “statistical area” means (i) a
metropolitan statistical area (MSA), and
(ii) any county (or the portion thereof)
that is not within an MSA. Section
143(k)(2)(C) further provides that if suf-

See https://www.cms.gov/files/document/2027-papi-parameters-guidance-2026-01-29.pdf.
Unless otherwise specified, all “section” or “§” references are to sections of the Internal Revenue Code or the Temporary Regulations under Title II of the Omnibus Reconciliation Act of
1980 (26 CFR part 6a).

2
1

May 26, 2026

1542

Bulletin No. 2026–22

ficient recent statistical information with
respect to a county (or portion thereof)
is unavailable, the Secretary may substitute another area for which there is sufficient recent statistical information for
such county (or portion thereof). In the
case of any portion of a State which is not
within a county, § 143(k)(2)(D) provides
that the Secretary may designate an area
that is the equivalent of a county. Section
6a.103A-1(b)(4)(i) (issued under § 103A
of the Internal Revenue Code of 1954,
the predecessor of § 143) provides that
the term “State” includes a possession
of the United States and the District of
Columbia.
.07 Section 6a.103A-2(f)(5)(i) provides
that an issuer may rely upon the average
area purchase price safe harbors published
by the Department of the Treasury (Treasury Department) for the statistical area
in which a residence is located. Section
6a.103A-2(f)(5)(i) further provides that an
issuer may use an average area purchase
price limitation different from the published safe harbor if the issuer has more
accurate and comprehensive data for the
statistical area.
Qualified Mortgage Credit Certificate
Program
.08 Section 25(c) permits a State or
political subdivision thereof to establish
a qualified mortgage credit certificate
program. In general, a qualified mortgage
credit certificate program is a program
under which the issuing authority elects
not to issue an amount of private activity
bonds that it may otherwise issue during
the calendar year under § 146, and in its
place, issues mortgage credit certificates
to taxpayers in connection with the acquisition of their principal residences. Section 25(a)(1) provides, in general, that the
holder of a mortgage credit certificate may
claim a federal income tax credit equal to
the product of the credit rate specified
in the certificate and the interest paid or
accrued during the tax year on the remaining principal of the indebtedness incurred
to acquire the residence. Section 25(c)(2)
(A)(iii)(III) generally provides that residences acquired in connection with the
issuance of mortgage credit certificates
must meet the purchase price requirements of § 143(e).

Bulletin No. 2026–22

Income Limitations for Qualified
Mortgage Bonds and Mortgage Credit
Certificates
.09 Section 143(f) imposes limitations
on the income of mortgagors for whom
financing may be provided by qualified
mortgage bonds. In addition, § 25(c)(2)(A)
(iii)(IV) provides that holders of mortgage
credit certificates must meet the income
requirement of § 143(f). Generally, under
§§ 143(f)(1) and 25(c)(2)(A)(iii)(IV),
the income requirement is met only if all
owner-financing under a qualified mortgage bond and all mortgage credit certificates issued under a qualified mortgage
credit certificate program are provided to
mortgagors whose family income is 115
percent or less of the applicable median
family income. Section 143(f)(5), however, generally provides for an upward
adjustment to the percentage limitation
in high housing cost areas. High housing
cost areas are defined in § 143(f)(5)(C) as
any statistical area for which the housing
cost/income ratio is greater than 1.2.
.10 Under § 143(f)(5)(D), the housing cost/income ratio with respect to any
statistical area is determined by dividing
(a) the applicable housing price ratio for
such area by (b) the ratio that the area
median gross income for such area bears
to the median gross income for the United
States. The applicable housing price ratio
is the new housing price ratio (new housing average area purchase price divided
by the new housing average purchase
price for the United States) or the existing housing price ratio (existing housing
average area purchase price divided by the
existing housing average purchase price
for the United States), whichever results
in the housing cost/income ratio being
closer to 1.
Average Area and Nationwide Purchase
Price Limitations
.11 Average area purchase price safe
harbors for each state, the District of
Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa, the Virgin
Islands, and Guam were last published in
Rev. Proc. 2025-18, 2025-19 I.R.B. 1430.
.12 The nationwide average purchase
price was last published in section 4.02 of
Rev. Proc. 2025-18. Guidance with respect

1543

to the United States and area median gross
income figures that are used in computing
the housing cost/income ratio described in
§ 143(f)(5) was published in Rev. Proc.
2021-19, 2021-15 I.R.B. 1008.
.13 This revenue procedure uses Federal Housing Administration (FHA) loan
limits for a given statistical area to calculate the average area purchase price safe
harbor for that area. FHA sets limits on the
dollar value of loans it will insure based on
median home prices and conforming loan
limits established by the Federal Home
Loan Mortgage Corporation. In particular,
FHA sets an area’s loan limit at 95 percent of the median home sales price for
the area, subject to certain floors and caps
measured against conforming loan limits.
.14 To calculate the average area purchase price safe harbors in this revenue procedure, the FHA loan limits are
adjusted to take into account the differences between average and median purchase prices. Because FHA loan limits do
not differentiate between new and existing
residences, this revenue procedure contains a single average area purchase price
safe harbor for both new and existing residences in a statistical area.
.15 The average area purchase price
safe harbors listed in section 4.01 of this
revenue procedure are based on FHA
loan limits released December 11, 2025.
FHA loan limits are available for statistical areas in each state, the District of
Columbia, Puerto Rico, the Northern Mariana Islands, American Samoa, the Virgin
Islands, and Guam. See section 3.03 of
this revenue procedure with respect to
FHA loan limits revised after December
11, 2025.
.16 OMB Bulletin No. 23-01, dated
and effective July 21, 2023, revised the
definitions of the nation’s 935 metropolitan areas. The OMB bulletin no longer
includes primary MSAs.
SECTION 3. APPLICATION
Average Area Purchase Price Safe
Harbors
.01 Average area purchase price safe
harbors for statistical areas in each state,
the District of Columbia, Puerto Rico,
the Northern Mariana Islands, American
Samoa, the Virgin Islands, and Guam are

May 26, 2026

set forth in section 4.01 of this revenue
procedure. Average area purchase price
safe harbors are provided for single-family and two to four-family residences. For
each type of residence, section 4.01 of this
revenue procedure contains a single safe
harbor that may be used for both new and
existing residences. Issuers of qualified
mortgage bonds and issuers of mortgage
credit certificates may rely on these safe
harbors to satisfy the requirements of
§ 143(e) and (f). Section 4.01 of this revenue procedure provides safe harbors for
MSAs and for certain counties and county
equivalents. If no purchase price safe harbor is available for a statistical area, the
safe harbor for “ALL OTHER AREAS”
may be used for that statistical area.
.02 If a residence is in an MSA, the safe
harbor applicable to it is the limitation of
that MSA. If an MSA falls in more than
one state, the MSA is listed in section 4.01
of this revenue procedure under each state.
.03 If the FHA revises the FHA loan
limit for any statistical area after December 11, 2025, an issuer of qualified mortgage bonds or mortgage credit certificates
may use the revised FHA loan limit for that
statistical area to compute (as provided in
the next sentence) a revised average area
purchase price safe harbor for the statistical area provided that the issuer maintains
records evidencing the revised FHA loan
limit. The revised average area purchase
price safe harbor for that statistical area
is computed by dividing the revised FHA
loan limit by 0.860.
.04 If, pursuant to § 6a.103A-2(f)(5)(i),
an issuer uses more accurate and compre-

hensive data to determine the average area
purchase price for a statistical area, the
issuer must make separate average area
purchase price determinations for new
and existing residences. Moreover, when
computing the average area purchase
price for a statistical area that is an MSA,
as defined in OMB Bulletin No. 23-01, the
issuer must make the computation for the
entire applicable MSA. When computing
the average area purchase price for a statistical area that is not an MSA, the issuer
must make the computation for the entire
statistical area and may not combine statistical areas. Thus, for example, the issuer
may not combine two or more counties.
.05 If an issuer receives a ruling permitting it to rely on an average area purchase
price limitation that is higher than the
applicable safe harbor in this revenue procedure, the issuer may rely on that higher
limitation for the purpose of satisfying the
requirements of § 143(e) and (f) for bonds
sold, and mortgage credit certificates
issued, not more than 30 months following the termination date of the 12-month
period used by the issuer to compute the
limitation.

computing the housing cost/income ratio
under § 143(f)(5) regardless of whether
they are relying on the average area purchase price safe harbors contained in this
revenue procedure or using more accurate and comprehensive data to determine
average area purchase prices for new and
existing residences for a statistical area
that are different from the published safe
harbors in this revenue procedure.
.08 If, pursuant to section 6.02 of this
revenue procedure, an issuer relies on the
average area purchase price safe harbors
contained in Rev. Proc. 2025-18, the issuer
must use the nationwide average purchase
price set forth in section 4.02 of Rev. Proc.
2025-18 in computing the housing cost/
income ratio under § 143(f)(5). Likewise,
if, pursuant to section 6.04 of this revenue
procedure, an issuer relies on the nationwide average purchase price published in
Rev. Proc. 2025-18, the issuer must use
the average area purchase price safe harbors set forth in section 4.01 of Rev. Proc.
2025-18 in computing the housing cost/
income ratio under § 143(f)(5).

Nationwide Average Purchase Price

SECTION 4. AVERAGE AREA
AND NATIONWIDE AVERAGE
PURCHASE PRICES

.06 Section 4.02 of this revenue procedure sets forth a single nationwide
average purchase price for purposes of
computing the housing cost/income ratio
under § 143(f)(5).
.07 Issuers must use the nationwide
average purchase price set forth in section 4.02 of this revenue procedure when

.01 Average area purchase prices for
single-family and two to four-family residences in MSAs, and for certain counties and county equivalents are set forth
below. The safe harbor for “ALL OTHER
AREAS” (found at the end of the table
below) may be used for a statistical area
that is not listed below.

2026 Average Area Purchase Prices for Mortgage Revenue Bonds
County Name
ALEUTIANS WEST
JUNEAU CITY AND
KODIAK ISLAND B
SITKA CITY AND
COCONINO COUNTY
MARICOPA COUNTY
PINAL COUNTY
ALAMEDA COUNTY
ALPINE COUNTY
CONTRA COSTA CO

May 26, 2026

State
AK
AK
AK
AK
AZ
AZ
AZ
CA
CA
CA

One-Unit Limit
$680,510
$693,879
$629,705
$681,847
$708,586
$648,423
$648,423
$1,452,194
$855,651
$1,452,194

1544

Two-Unit Limit
$871,171
$888,261
$806,125
$872,857
$907,094
$830,074
$830,074
$1,859,383
$1,095,372
$1,859,383

Three-Unit Limit
$1,053,055
$1,073,748
$974,407
$1,055,089
$1,096,477
$1,003,413
$1,003,413
$2,247,478
$1,324,049
$2,247,478

Four-Unit Limit
$1,308,704
$1,334,396
$1,210,990
$1,311,261
$1,362,705
$1,246,971
$1,246,971
$2,793,217
$1,645,500
$2,793,217

Bulletin No. 2026–22

County Name
EL DORADO COUNT
LOS ANGELES COU
MARIN COUNTY
MENDOCINO COUNT
MONO COUNTY
MONTEREY COUNTY
NAPA COUNTY
NEVADA COUNTY
ORANGE COUNTY
PLACER COUNTY
RIVERSIDE COUNT
SACRAMENTO COUN
SAN BENITO COUN
SAN BERNARDINO
SAN DIEGO COUNT
SAN FRANCISCO C
SAN JOAQUIN COU
SAN LUIS OBISPO
SAN MATEO COUNT
SANTA BARBARA C
SANTA CLARA COU
SANTA CRUZ COUN

State
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA

SOLANO COUNTY
SONOMA COUNTY
STANISLAUS COUN
VENTURA COUNTY
YOLO COUNTY
ADAMS COUNTY
ARAPAHOE COUNTY
BOULDER COUNTY
BROOMFIELD COUN
CHAFFEE COUNTY
CLEAR CREEK COU
DENVER COUNTY
DOUGLAS COUNTY
EAGLE COUNTY
EL PASO COUNTY
ELBERT COUNTY
GARFIELD COUNTY
GILPIN COUNTY
GRAND COUNTY
GUNNISON COUNTY
HINSDALE COUNTY
JEFFERSON COUNT

CA
CA
CA
CA
CA
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO

Bulletin No. 2026–22

One-Unit Limit
$889,074
$1,452,194
$1,452,194
$635,053
$902,444
$1,156,465
$1,183,204
$755,379
$1,452,194
$889,074
$802,172
$889,074
$1,452,194
$802,172
$1,283,476
$1,452,194
$788,803
$1,163,150
$1,452,194
$1,094,965
$1,452,194

Two-Unit Limit
$1,138,155
$1,859,383
$1,859,383
$812,984
$1,155,303
$1,480,473
$1,514,711
$967,025
$1,859,383
$1,138,155
$1,026,897
$1,138,155
$1,859,383
$1,026,897
$1,643,116
$1,859,383
$1,009,807
$1,489,076
$1,859,383
$1,401,767
$1,859,383

Three-Unit Limit
$1,375,784
$2,247,478
$2,247,478
$982,719
$1,396,477
$1,789,600
$1,830,929
$1,168,905
$2,247,478
$1,375,784
$1,241,333
$1,375,784
$2,247,478
$1,241,333
$1,986,132
$2,247,478
$1,220,639
$1,799,947
$2,247,478
$1,694,386
$2,247,478

Four-Unit Limit
$1,709,790
$2,793,217
$2,793,217
$1,221,278
$1,735,482
$2,223,994
$2,275,438
$1,452,688
$2,793,217
$1,709,790
$1,542,670
$1,709,790
$2,793,217
$1,542,670
$2,468,250
$2,793,217
$1,516,978
$2,236,898
$2,793,217
$2,105,761
$2,793,217

$1,452,194
$796,825
$1,042,824
$633,716
$1,203,259
$889,074
$1,002,715
$1,002,715
$1,022,770
$1,002,715
$828,911
$1,002,715
$1,002,715
$1,002,715
$1,452,194
$629,705
$1,002,715
$1,452,194
$1,002,715
$1,026,781
$869,020
$655,107
$1,002,715

$1,859,383
$1,020,096
$1,335,036
$811,240
$1,540,403
$1,138,155
$1,283,650
$1,283,650
$1,309,343
$1,283,650
$1,061,135
$1,283,650
$1,283,650
$1,283,650
$1,859,383
$806,125
$1,283,650
$1,859,383
$1,283,650
$1,314,458
$1,112,520
$838,677
$1,283,650

$2,247,478
$1,233,020
$1,613,703
$980,627
$1,861,970
$1,375,784
$1,551,680
$1,551,680
$1,582,663
$1,551,680
$1,282,720
$1,551,680
$1,551,680
$1,551,680
$2,247,478
$974,407
$1,551,680
$2,247,478
$1,551,680
$1,588,883
$1,344,743
$1,013,760

$2,793,217
$1,532,382
$2,005,489
$1,218,721
$2,314,035
$1,709,790
$1,928,353
$1,928,353
$1,966,892
$1,928,353
$1,594,056
$1,928,353
$1,928,353
$1,928,353
$2,793,217
$1,210,990
$1,928,353
$2,793,217
$1,928,353
$1,974,623
$1,671,192
$1,259,818

$1,551,680

$1,928,353

1545

May 26, 2026

County Name
LA PLATA COUNTY
LAKE COUNTY
LARIMER COUNTY
MOFFAT COUNTY
OURAY COUNTY
PARK COUNTY
PITKIN COUNTY
ROUTT COUNTY
SAN MIGUEL COUN
SUMMIT COUNTY
TELLER COUNTY
WELD COUNTY
GREATER BRIDGEP
WESTERN CONNECT
DISTRICT OF COL
NEW CASTLE COUN
BAKER COUNTY
BROWARD COUNTY
CLAY COUNTY
COLLIER COUNTY
DUVAL COUNTY
MANATEE COUNTY

State
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CT
CT
DC
DE
FL
FL
FL
FL
FL
FL

MARTIN COUNTY
MIAMI-DADE COUN
MONROE COUNTY
NASSAU COUNTY
OKALOOSA COUNTY
PALM BEACH COUN
SARASOTA COUNTY
ST. JOHNS COUNT
ST. LUCIE COUNT
WALTON COUNTY
BARROW COUNTY
BARTOW COUNTY
BUTTS COUNTY
CARROLL COUNTY
CHEROKEE COUNTY
CLARKE COUNTY
CLAYTON COUNTY
COBB COUNTY
COWETA COUNTY
DAWSON COUNTY
DEKALB COUNTY
DOUGLAS COUNTY

FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA

May 26, 2026

One-Unit Limit
$869,020
$1,270,106
$737,999
$1,266,095
$873,031
$1,002,715
$1,452,194
$1,266,095
$1,215,291
$1,270,106
$629,705
$668,477
$1,136,411
$1,136,411
$1,452,194
$732,651
$675,162
$775,433
$675,162
$889,074
$675,162

Two-Unit Limit
$1,112,520
$1,625,969
$944,761
$1,620,853
$1,117,635
$1,283,650
$1,859,383
$1,620,853
$1,555,808
$1,625,969
$806,125
$855,767
$1,454,838
$1,454,838
$1,859,383
$937,902
$864,312
$992,717
$864,312
$1,138,155
$864,312

Three-Unit Limit
$1,344,743
$1,965,439
$1,141,991
$1,959,219
$1,350,963
$1,551,680
$2,247,478
$1,959,219
$1,880,629
$1,965,439
$974,407
$1,034,454
$1,758,559
$1,758,559
$2,247,478
$1,133,737
$1,044,800
$1,199,945
$1,044,800
$1,375,784
$1,044,800

Four-Unit Limit
$1,671,192
$2,442,557
$1,419,264
$2,434,826
$1,678,924
$1,928,353
$2,793,217
$2,434,826
$2,337,170
$2,442,557
$1,210,990
$1,285,568
$2,185,455
$2,185,455
$2,793,217
$1,408,975
$1,298,415
$1,491,227
$1,298,415
$1,709,790
$1,298,415

$636,390
$701,901
$775,433
$1,151,117
$675,162
$701,901
$775,433
$636,390
$675,162
$701,901
$701,901
$835,596
$835,596
$835,596
$835,596
$835,596
$716,607
$835,596
$835,596
$835,596
$835,596
$835,596
$835,596

$814,670
$898,549
$992,717
$1,473,672
$864,312
$898,549
$992,717
$814,670
$864,312
$898,549
$898,549
$1,069,738
$1,069,738
$1,069,738
$1,069,738
$1,069,738
$917,383
$1,069,738
$1,069,738
$1,069,738
$1,069,738
$1,069,738
$1,069,738

$984,754
$1,086,130
$1,199,945
$1,781,288
$1,044,800
$1,086,130
$1,199,945
$984,754
$1,044,800
$1,086,130
$1,086,130
$1,293,067
$1,293,067
$1,293,067
$1,293,067
$1,293,067
$1,108,916
$1,293,067
$1,293,067
$1,293,067
$1,293,067
$1,293,067

$1,223,836
$1,349,800
$1,491,227
$2,213,705
$1,298,415
$1,349,800
$1,491,227
$1,223,836
$1,298,415
$1,349,800
$1,349,800
$1,606,961
$1,606,961
$1,606,961
$1,606,961
$1,606,961
$1,378,109
$1,606,961
$1,606,961
$1,606,961
$1,606,961
$1,606,961

$1,293,067

$1,606,961

1546

Bulletin No. 2026–22

County Name
FAYETTE COUNTY
FORSYTH COUNTY
FULTON COUNTY
GREENE COUNTY
GWINNETT COUNTY
HARALSON COUNTY
HEARD COUNTY
HENRY COUNTY
JASPER COUNTY
LUMPKIN COUNTY
MADISON COUNTY
MERIWETHER COUN
MORGAN COUNTY
NEWTON COUNTY
OCONEE COUNTY
OGLETHORPE COUN
PAULDING COUNTY
PICKENS COUNTY
PIKE COUNTY
ROCKDALE COUNTY
SPALDING COUNTY
WALTON COUNTY

State
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA

GUAM
HAWAII COUNTY
HONOLULU COUNTY
KALAWAO COUNTY
KAUAI COUNTY
MAUI COUNTY
ADA COUNTY
BLAINE COUNTY
BOISE COUNTY
CAMAS COUNTY
CANYON COUNTY
GEM COUNTY
KOOTENAI COUNTY
LINCOLN COUNTY
OWYHEE COUNTY
TETON COUNTY
VALLEY COUNTY
BARNSTABLE COUN
BRISTOL COUNTY
DUKES COUNTY
ESSEX COUNTY
MIDDLESEX COUNT

GU
HI
HI
HI
HI
HI
ID
ID
ID
ID
ID
ID
ID
ID
ID
ID
ID
MA
MA
MA
MA
MA

Bulletin No. 2026–22

One-Unit Limit
$835,596
$835,596
$835,596
$742,009
$835,596
$835,596
$835,596
$835,596
$835,596
$835,596
$716,607
$835,596
$835,596
$835,596
$716,607
$716,607
$835,596
$835,596
$835,596
$835,596
$835,596

Two-Unit Limit
$1,069,738
$1,069,738
$1,069,738
$949,877
$1,069,738
$1,069,738
$1,069,738
$1,069,738
$1,069,738
$1,069,738
$917,383
$1,069,738
$1,069,738
$1,069,738
$917,383
$917,383
$1,069,738
$1,069,738
$1,069,738
$1,069,738
$1,069,738

Three-Unit Limit
$1,293,067
$1,293,067
$1,293,067
$1,148,211
$1,293,067
$1,293,067
$1,293,067
$1,293,067
$1,293,067
$1,293,067
$1,108,916
$1,293,067
$1,293,067
$1,293,067
$1,108,916
$1,108,916
$1,293,067
$1,293,067
$1,293,067
$1,293,067
$1,293,067

Four-Unit Limit
$1,606,961
$1,606,961
$1,606,961
$1,426,937
$1,606,961
$1,606,961
$1,606,961
$1,606,961
$1,606,961
$1,606,961
$1,378,109
$1,606,961
$1,606,961
$1,606,961
$1,378,109
$1,378,109
$1,606,961
$1,606,961
$1,606,961
$1,606,961
$1,606,961

$835,596
$655,107
$681,847
$962,607
$1,510,758
$1,291,498
$1,510,758
$681,847
$882,390
$681,847
$882,390
$681,847
$681,847
$665,803
$882,390
$681,847
$1,452,194
$715,270
$962,607
$915,813
$1,452,194
$1,119,030
$1,119,030

$1,069,738
$838,677
$872,857
$1,232,323
$1,934,049
$1,653,347
$1,934,049
$872,857
$1,129,610
$872,857
$1,129,610
$872,857
$872,857
$852,337
$1,129,610
$872,857
$1,859,383
$915,697
$1,232,323
$1,172,392
$1,859,383
$1,432,575
$1,432,575

$1,293,067
$1,013,760
$1,055,089
$1,489,599
$2,337,867
$1,998,514
$2,337,867
$1,055,089
$1,365,437
$1,055,089
$1,365,437
$1,055,089
$1,055,089
$1,030,268
$1,365,437
$1,055,089
$2,247,478
$1,106,824
$1,489,599
$1,417,171
$2,247,478
$1,731,646

$1,606,961
$1,259,818
$1,311,261
$1,851,216
$2,905,375
$2,483,712
$2,905,375
$1,311,261
$1,696,943
$1,311,261
$1,696,943
$1,311,261
$1,311,261
$1,280,395
$1,696,943
$1,311,261
$2,793,217
$1,375,551
$1,851,216
$1,761,233
$2,793,217
$2,152,031

$1,731,646

$2,152,031

1547

May 26 2026

County Name
NANTUCKET COUNT
NORFOLK COUNTY
PLYMOUTH COUNTY
SUFFOLK COUNTY
WORCESTER COUNT
ANNE ARUNDEL CO
BALTIMORE CITY
BALTIMORE COUNT
CARROLL COUNTY
CECIL COUNTY
CHARLES COUNTY
FREDERICK COUNT
HARFORD COUNTY
HOWARD COUNTY
MONTGOMERY COUN
PRINCE GEORGE'S
QUEEN ANNE'S CO
CUMBERLAND COUN
SAGADAHOC COUNT
YORK COUNTY
ANOKA COUNTY
CARVER COUNTY

State
MA
MA
MA
MA
MA
MD
MD
MD
MD
MD
MD
MD
MD
MD
MD
MD
MD
ME
ME
ME
MN
MN

CHISAGO COUNTY
DAKOTA COUNTY
HENNEPIN COUNTY
ISANTI COUNTY
LE SUEUR COUNTY
MILLE LACS COUN
RAMSEY COUNTY
SCOTT COUNTY
SHERBURNE COUNT
WASHINGTON COUN
WRIGHT COUNTY
CARBON COUNTY
FLATHEAD COUNTY
GALLATIN COUNTY
MINERAL COUNTY
MISSOULA COUNTY
PARK COUNTY
RAVALLI COUNTY
STILLWATER COUN
YELLOWSTONE COU
CAMDEN COUNTY
CHATHAM COUNTY

MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MT
MT
MT
MT
MT
MT
MT
MT
MT
NC
NC

May 26, 2026

One-Unit Limit
$1,452,194
$1,119,030
$1,119,030
$1,119,030
$633,716
$869,020
$869,020
$869,020
$869,020
$732,651
$1,452,194
$1,452,194
$869,020
$869,020
$1,452,194
$1,452,194
$869,020
$715,270
$715,270
$715,270
$641,738

Two-Unit Limit
$1,859,383
$1,432,575
$1,432,575
$1,432,575
$811,240
$1,112,520
$1,112,520
$1,112,520
$1,112,520
$937,902
$1,859,383
$1,859,383
$1,112,520
$1,112,520
$1,859,383
$1,859,383
$1,112,520
$915,697
$915,697
$915,697
$821,529

Three-Unit Limit
$2,247,478
$1,731,646
$1,731,646
$1,731,646
$980,627
$1,344,743
$1,344,743
$1,344,743
$1,344,743
$1,133,737
$2,247,478
$2,247,478
$1,344,743
$1,344,743
$2,247,478
$2,247,478
$1,344,743
$1,106,824
$1,106,824
$1,106,824
$993,066

Four-Unit Limit
$2,793,217
$2,152,031
$2,152,031
$2,152,031
$1,218,721
$1,671,192
$1,671,192
$1,671,192
$1,671,192
$1,408,975
$2,793,217
$2,793,217
$1,671,192
$1,671,192
$2,793,217
$2,793,217
$1,671,192
$1,375,551
$1,375,551
$1,375,551
$1,234,125

$641,738
$641,738
$641,738
$641,738
$641,738
$641,738
$641,738
$641,738
$641,738
$641,738
$641,738
$641,738
$877,042
$715,270
$835,596
$695,216
$695,216
$655,107
$651,097
$877,042
$877,042
$881,053
$737,999

$821,529
$821,529
$821,529
$821,529
$821,529
$821,529
$821,529
$821,529
$821,529
$821,529
$821,529
$821,529
$1,122,751
$915,697
$1,069,738
$890,004
$890,004
$838,677
$833,504
$1,122,751
$1,122,751
$1,127,924
$944,761

$993,066
$993,066
$993,066
$993,066
$993,066
$993,066
$993,066
$993,066
$993,066
$993,066
$993,066
$993,066
$1,357,183
$1,106,824
$1,293,067
$1,075,783
$1,075,783
$1,013,760
$1,007,540
$1,357,183
$1,357,183
$1,363,402

$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,234,125
$1,686,655
$1,375,551
$1,606,961
$1,336,954
$1,336,954
$1,259,818
$1,252,145
$1,686,655
$1,686,655
$1,694,386

$1,141,991

$1,419,264

1548

Bulletin No. 2026–22

County Name
CURRITUCK COUNT
DARE COUNTY
DURHAM COUNTY
GATES COUNTY
ORANGE COUNTY
PERQUIMANS COUN
PERSON COUNTY
DAWSON COUNTY
GOSPER COUNTY
CARROLL COUNTY
HILLSBOROUGH CO
ROCKINGHAM COUN
STRAFFORD COUNT
ATLANTIC COUNTY
BERGEN COUNTY
BURLINGTON COUN
CAMDEN COUNTY
CAPE MAY COUNTY
ESSEX COUNTY
GLOUCESTER COUN
HUDSON COUNTY
HUNTERDON COUNT

State
NC
NC
NC
NC
NC
NC
NC
NE
NE
NH
NH
NH
NH
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ

MIDDLESEX COUNT
MONMOUTH COUNTY
MORRIS COUNTY
OCEAN COUNTY
PASSAIC COUNTY
SALEM COUNTY
SOMERSET COUNTY
SUSSEX COUNTY
UNION COUNTY
LOS ALAMOS COUN
SANTA FE COUNTY
CARSON CITY
DOUGLAS COUNTY
LYON COUNTY
STOREY COUNTY
WASHOE COUNTY
BRONX COUNTY
KINGS COUNTY
NASSAU COUNTY
NEW YORK COUNTY
PUTNAM COUNTY
QUEENS COUNTY

NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NM
NM
NV
NV
NV
NV
NV
NY
NY
NY
NY
NY
NY

Bulletin No. 2026–22

One-Unit Limit
$881,053
$835,596
$737,999
$881,053
$737,999
$935,868
$737,999
$701,901
$701,901
$635,053
$685,857
$1,119,030
$1,119,030
$848,966
$1,452,194
$732,651
$732,651
$848,966
$1,452,194
$732,651
$1,452,194

Two-Unit Limit
$1,127,924
$1,069,738
$944,761
$1,127,924
$944,761
$1,198,085
$944,761
$898,549
$898,549
$812,984
$878,030
$1,432,575
$1,432,575
$1,086,827
$1,859,383
$937,902
$937,902
$1,086,827
$1,859,383
$937,902
$1,859,383

Three-Unit Limit
$1,363,402
$1,293,067
$1,141,991
$1,363,402
$1,141,991
$1,448,212
$1,141,991
$1,086,130
$1,086,130
$982,719
$1,061,309
$1,731,646
$1,731,646
$1,313,703
$2,247,478

[Text truncated at 120,000 characters. The full text is on the page linked above.]

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Source: Frix Law Library, https://www.frixlaw.com/law-library/documents/agency%3Airs%3A25373ddccbac39ee. Public record. Not legal advice.