7520 Rate – November 2013

The November §7520 rate will drop back down to 2.0%, the same rate as August and September. This makes the October rate of 2.4% look like an anomaly due to the sharp rise of rates in late August and early September.

Since the middle of September, the rates have dropped;  the December rate may be even lower than the November rate.

Rev. Rul. 2013-22


7520 Rate – August 2013

The IRC §7520 rate for August 2013 jumped up to 2.0%. This is an increase of 0.6% over July rate of 1.4%. The §7520 rate has not been this high since September 2011.

IRS Revenue Ruling 2013-13

Question: Why was the July Rev. Rul. #15 and the August Rev. Rul. #13? Am I missing something, or was a clerical error made?