rr-26-19.pdf

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Section 1274.--Determination of Issue Price in the Case of Certain Debt Instruments
Issued for Property

(Also Sections 42, 280G, 382, 467, 468, 482, 483, 1288, 7520, 7702, 7872.)

Rev. Rul. 2026-19

This revenue ruling provides various prescribed rates for federal income tax
purposes for October 2026 (the current month). Table 1 contains the short-term, mid-
term, and long-term applicable federal rates (AFR) for the current month for purposes of
section 1274(d) of the Internal Revenue Code. Table 2 contains the short-term, mid-
term, and long-term adjusted applicable federal rates (adjusted AFR) for the current
month for purposes of section 1288(b). Table 3 sets forth the adjusted federal long-
term rate and the long-term tax-exempt rate described in section 382(f). Table 4
contains the appropriate percentages for determining the low-income housing credit
described in section 42(b)(1) for buildings placed in service during the current month.
However, under section 42(b)(2), the applicable percentage for non-federally subsidized
new buildings placed in service after July 30, 2008, shall not be less than 9%. Finally,
Table 5 contains the federal rate for determining the present value of an annuity, an
interest for life or for a term of years, or a remainder or a reversionary interest for
purposes of section 7520.

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REV. RUL. 2026-19 TABLE 1

Applicable Federal Rates (AFR) for October 2026

Period for Compounding
Annual Semiannual Quarterly Monthly

Short-term

AFR 4.25% 4.21% 4.19% 4.17%
110% AFR 4.68% 4.63% 4.60% 4.59%
120% AFR 5.11% 5.05% 5.02% 5.00%
130% AFR 5.54% 5.47% 5.43% 5.41%

Mid-term

AFR 4.61% 4.56% 4.53% 4.52%
110% AFR 5.08% 5.02% 4.99% 4.97%
120% AFR 5.54% 5.47% 5.43% 5.41%
130% AFR 6.02% 5.93% 5.89% 5.86%
150% AFR 6.96% 6.84% 6.78% 6.74%
175% AFR 8.14% 7.98% 7.90% 7.85%

Long-term

AFR 5.22% 5.15% 5.12% 5.10%
110% AFR 5.75% 5.67% 5.63% 5.60%
120% AFR 6.28% 6.18% 6.13% 6.10%
130% AFR 6.81% 6.70% 6.64% 6.61%

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REV. RUL. 2026-19 TABLE 2

Adjusted AFR for October 2026

Period for Compounding
Annual Semiannual Quarterly Monthly
Short-term
adjusted AFR 3.23% 3.20% 3.19% 3.18%

Mid-term
adjusted AFR 3.49% 3.46% 3.45% 3.44%

Long-term
adjusted AFR 3.95% 3.91% 3.89% 3.88%

REV. RUL. 2026-19 TABLE 3

Rates Under Section 382 for October 2026

Adjusted federal long-term rate for the current month 3.95%

Long-term tax-exempt rate for ownership changes during the
current month (the highest of the adjusted federal long-term
rates for the current month and the prior two months.) 3.95%

REV. RUL. 2026-19 TABLE 4

Appropriate Percentages Under Section 42(b)(1) for October 2026
Note: Under section 42(b)(2), the applicable percentage for non-federally subsidized
new buildings placed in service after July 30, 2008, shall not be less than 9%.

Appropriate percentage for the 70% present value low-income
housing credit 8.15%

Appropriate percentage for the 30% present value low-income
housing credit 3.49%

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REV. RUL. 2026-19 TABLE 5

Rate Under Section 7520 for October 2026

Applicable federal rate for determining the present value of an
annuity, an interest for life or a term of years, or a remainder or
reversionary interest 5.60%