7520 Rate is Still 2.0%
Recently, the IRS published an announcement that the Section 7520 rate will continue to be 2.0% However, taxpayers trying to determine the value of a charitable split interest gift can use the October rate of 2.4% through December.
See December 7520 Rate Holds at 2.0%, ChaitablePlanning.com, Nov. 20, 2013.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.
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